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What are Tokens and what is Tokenization?

Dec 20, 2022

This month's technical term breakdown is on tokens and tokenization.

Token / Tokenization

Tokens is an industry-standard way of securing sensitive data on the internet.

A token is a unique identification symbol that replaces a piece of sensitive data.

Tokenization is the process of creating a token that maps to the original sensitive piece of data via an authorization server. Tokens are used in many use cases: to store sensitive data (i.e. address, personal identification), authentication (i.e. access into accounts), authorization (i.e. API access), crypto/blockchain, etc.

Here is an example based on retrieving your bank account number via tokens.


Learn more about tokens:

Brendan Owen (YouTube): What is tokenization?

Forbes: What is tokenization and why is it important?



Positive feedback is feedback too!

We often think of feedback as “critical feedback”, but positive feedback is just as important! Team cohesive and effective teamwork ultimately comes from a place of positivity and a sense of forward/upward momentum. It’s difficult to have these when just focusing on critical feedback. You want to know what you’re doing right along with ways you can improve. So as much as possible, ask for positive feedback like “What did you like about [x] that you’d like to see me continue doing?” and “What was your favorite part about [x]?”

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