A New Scalable Approach to Data Tokenization
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Overview: This is a new approach to tokenize data that eliminates challenges associated with standard centralized tokenization. Particularly in high-volume operations, the usual way of generating tokens is prone to issues that impact the availability and performance of the data. From a security standpoint, it is critical to address the issue of collisions caused when tokenization solutions assign the same token to two separate pieces of data. This next-generation tokenization solution addresses all of these issues. System performance, availability, and scaling are enhanced, numeric and alpha tokens are generated to protect a wide range of high-risk data, key management is greatly simplified, and collisions are eliminated. This new approach has the potential to change where tokenization can be used.