Tokenization - Explained Simple - Introduction - Blockchain Technolog
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YouTubeBits of Blockchain
Tokenization - Explained Simple - Introduction - Blockchain Technolog
Introduction into the concept of Tokenization by Peter Langela, co-founder at Madelin Twente B.V. Topics covered are: What are Ledgers? Why Tokenization What is Tokenization? Contactdetails: [email protected] https://madelintwente.nl Video: Blockchain Technology Introduction https://youtu.be/nJ0PAqSvKxs
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Encoding Vs Encryption Vs Tokenization.• Encoding: Think of it as changing the format of your data so that it can be properly consumed or transmitted. It’s not meant to be secret. Base64 is a common example. If someone sees encoded data, they can decode it easily.• Encryption: Encryption scrambles data using algorithms and keys so that only authorized parties can read it. Even if the data is intercepted, it’s meaningless without the key. AES and RSA are common encryption methods.• Tokenization:
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