Reduces Data Breaches- Tokenization reduces the risk of data theft. It removes the data from an organization's internal system entirely and exchanges it with a randomly generated non-sensitive token.
Build Foster Trust- This helps to keep online transactions secure for both customers and businesses which helps companies to build foster trust with their customers.
Better Compliance- One of the most important benefits of tokenization is PCI-DSS. Nowadays, PCI Compliant businesses must store credit card data precisely through the tokenization method, making transactions and sensitive information safer and less vulnerable to hackers.
Boosts Liquidity- Tokenization also boosts liquidity of traditionally illiquid, non-fractionable assets like real estate.
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