This is a type of tokenization used for payment processing that doesn’t require a token vault for storage. Instead, it uses cryptographic devices and algorithms to convert data to a token.

When tokenization is used to protect payment information, the seller will use a payment gateway that generally automates the token creation process and stores the original data elsewhere.

Other industry participants have big plans for the role tokenization will play in payment security in the near future. By ...

I expect arts and entertainment to be next. According to a 2022 Boston Consulting Group forecast, tokenization of real-life alternative assets could be worth $16 trillion in 2030.

Click to Pay allows customers to make purchases with just one click, eliminating the need to manually enter credit card ...

How does data tokenization work for an enterprise? Tokenization masks or substitutes sensitive data with unique identification data while retaining all the essential information about the data.

Atul Khekade, co-founder of XDC Network, on Tuesday predicted that tokenization will surpass Bitcoin's (CRYPTO: BTC) ...

Additionally, tokenization, with built-in smart contracts, automates trust in transactions by enabling money and assets to be held in digital escrow on the blockchain.

Swiggy integrates UPI for 5-second in-app payments: How does it work? 'Swiggy UPI' is an integration of NPCI's digital payment solution, which aims at speeding up transactions and enhance the in ...

Additionally, tokenization, with built-in smart contracts, automates trust in transactions by enabling money and assets to be held in digital escrow on the blockchain.