Web Reference: Tokenization, when applied to data security, is the process of substituting a sensitive data element with a non-sensitive equivalent, referred to as a token, that has no intrinsic or exploitable meaning or value. The token is a reference (i.e. identifier) that maps back to the sensitive data through a tokenization system. Tokenization replaces sensitive data with strings of nonsensitive (and otherwise useless) characters. Encryption scrambles the data so that it can be unscrambled with a secret key, which is known as a decryption key. Jul 25, 2024 · In this McKinsey Explainer, we look at what tokenization is, how it works, and why it's become a critical part of emerging blockchain technology.
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Tokenization Explained Nlp Text Processing Net Worth 2026: Salary, Income & Wealth Net Worth & Biography
Estimated Worth: $63M - $100M
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Last Updated: June 19, 2026
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