what is Tokenization in Blockchain technology

Real Estate Tokenization is making a huge mark in the blockchain world. With rapid growth and underlying opportunities, there are possible scales to amplify. Check our Real estate tokenization guide.

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TOKENIZATION IN
BLOCKCHAIN

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How would you attack a tokenization system?
The tokenization are mathematically unrelated to
the underlying value to the most effective attack
vector is through our customers.
The tokens themselves cannot be attacked but the
ability to detokenize sensitive data is only as strong
as our customer’s environment.

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The tokenization product should implement monitoring to
detect any malfunctions, anomalies, and suspicious
behavior.
Mechanisms should be in place to ensure the integrity of
the token-generation process.
Here are the best practices for tokenization systems:

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Critical functions (e.g., the API code) within the
tokenization application must be protected by integrity-
checking mechanisms.
Only authenticated users and system components should
be allowed access to the tokenization system and
Blockchain tokenization/detokenization processes.

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The tokenization product should have access and
tokenization/de-tokenization logging functionality.
Tokenization and de-tokenization requests should be
logged and the logs should not contain PAN.
Where the Enterprise Blockchain uses cryptographic
primitives, those primitives should be based on published
national or international standards

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