To says tokenize points 500m new

As a result, a breach of a tokenized environment will not compromise the original sensitive data.

What is a Token?

As described previously, a token is a piece of data that stands in for another, more valuable piece of information. Tokens have virtually no value on their own—they are only useful because they represent something valuable, such as a credit card primary account number (PAN) or Social Security number (SSN).

A good analogy is a poker chip. Instead of filling a table with cash (which can be easily lost or stolen), players use chips as placeholders. However, the chips can’t be used as money, even if they’re stolen. They must first be exchanged for their representative value.

Tokenizationworks by removing the valuable data from your environment and replacing it with these tokens.


The advantage to cloud tokenization is there is no information available to steal when the inevitable breach happens. Because of this, it virtually eliminates the risk of data theft.

Does Tokenization Mask Data?

Data masking desensitizes sensitive data by changing pieces of the data until it cannot be traced back to the original data. Instead of erasing part of the data, or replacing it with blank values, it replaces sensitive sections with data “masked” to match the characteristics of the original data.

Tokenization is a form of masking data that not only creates a masked version of the data, but also stores the original data in a secure location.
This creates masked data tokens that cannot be traced back to the original data, while still providing access to the original data as needed.

FortNiteBR — have been moved to the Rinkeby Testnet on the Arbitrum network, which, according to Rahul, will be scaled for gasless transactions:

Moreover, Reddit communities will also have the ability to fork blockchains through community-based decisions, in addition to allowing the scope to explore new monetization strategies with Web 3.0.

“When we all pull this off, we would onboard 500M web2 users into web3 and then there is no going back. Let me say that again – 500 million new crypto users.”

Related:Reddit may be preparing to launch its own NFT platform

Reddit has been home to a number of community-driven crypto initiatives including Dogecoin (DOGE) fundraisers and continues to cater to a vast crypto community.

On Oct.

Most businesses hold at least some sensitive data within their systems, whether it be credit card data, medical information, Social Security numbers, or anything else that requires security and protection. Using tokenization, organizations can continue to use this data for business purposes without incurring the risk orcompliance scopeof storing sensitive data internally.

What is the Purpose of Tokenization?

The purpose of tokenization is to protect sensitive data while preserving itsbusiness utility. This differs from encryption, where sensitive data is modified and stored with methods that do not allow its continued use for business purposes.
If tokenization is like a poker chip, encryption is like a lockbox.

Additionally, encrypted numbers can be decrypted with the appropriate key.

Tokens, however, cannot be reversed, because there is no significant mathematical relationship between the token and its original number.

What is Detokenization?

Detokenizationis the reverse process, exchanging the token for the original data. Detokenization can be done only by the original tokenization system. There is no other way to obtain the original number from just the token.

Tokens can be single-use (low-value) for operations such as one-time debit card transactions that don’t need to be retained, or they can bepersistent(high-value) for items such as a repeat customer’s credit card number that needs to be stored in a database for recurring transactions.

What is the Encryption Process?

Encryption is a process during which sensitive data is mathematically changed, but its original pattern is still present within the new code.

By Kara Sherrer

February is Black History Month, and both Vanderbilt Business and Vanderbilt University have commemorated the month with a variety of programming. Last week, The Wond’ry hosted a panel of eight African-American women business leaders from the Vanderbilt and Nashville communities, including two representatives from the Owen Graduate School of Management: Vice Provost for Inclusive Excellence and Professor of Management Melissa Thomas-Hunt and Director of Admissions Consuela Knox.

Moderated by Dominique Anderson — Program Coordinator for Equity, Diversity, and Inclusion at The Wond’ry — the panelists discussed what diversity and tokenism look like within a business context.

It brings creativity and security and makes the whole ecosystem highly adaptive,” he adds.

3 companies have already joined Symbiotic Network. They are Svandis, a platform for financial research with analytical and visualisation tools for the crypto community, Blue Frontiers, a leader of seasteads movement that is building a permanent settlements on floating structures in French Polynesia, and SLP, a decentralized platform for loyalty programs with a blockchain based bonus points exchange.

Read the full manifesto and apply here to become a part of Cindicator Symbiotic Network.

About Cindicator

Founded in 2015, Cindicator transformed from a B2B fintech startup to a partly decentralized networked organization with an internal economy of token holders.

NEW YORK, May 8, 2018 /PRNewswire/ —

Cindicator, a tokenized fintech company that enables effective asset management through predictive analytics based on Hybrid Intelligence, today announces the launch of its Symbiotic Network of tokenized startups and distributed organizations. This ideological alliance aims to unite all like-minded DAOs in a global network to solve the world’s most pressing issues.

(Logo: https://mma.prnewswire.com/media/688529/Cindicator_Logo.jpg )

Cindicator will help its partners to tokenize their businesses and create circular economies, sharing experience, connections, and other resources.

What is Tokenization?

Tokenizationis the process of exchangingsensitive datafor nonsensitive data called “tokens” that can be used in a database or internal system without bringing it into scope.

Although the tokens are unrelated values, they retain certain elements of the original data—commonly length or format—so they can be used for uninterrupted business operations. The original sensitive data is then safely stored outside of the organization’s internal systems.

Unlikeencrypted data, tokenized data is undecipherable and irreversible. This distinction is particularly important: Because there is no mathematical relationship between the token and its original number, tokens cannot be returned to their original form without the presence of additional, separately stored data.

Even when you look at corporate bottom lines, the ones that have more diversity have higher profit margins,” Knox noted. A recent study in the Harvard Business Review found that companies with above-average total diversity have 19% points higher innovation revenues and 9% points higher EBIT margins, on average.

How Should Students or Employees Respond?

In an ideal world, diversity, equity, and inclusion would work together to create a successful, welcoming culture at every company. But what should job candidates and employees do if they suspect they’re being tokenized in a work setting?

“For those of us who are new to particular spaces, we need to avail ourselves of every opportunity to build relationships,” Thomas-Hunt said.

One where even users can earn by curating content.

Recently read a beautiful thread by @evan_greer on smth similar:https://t.co/rje8F7GgGV

— Rahul 🔊🦇 (@iamRahul20x) November 3, 2021

Because Reddit collaborated with OffChain Labs’ Arbitrum network, a second Blockchain instance will be created to store users’ tokenized community points.

How will we pull this off?

Reddit has partnered with @OffchainLabs (@arbitrum) and created our own separate instance.

Community points for 2 subreddits (~80,000 users) are already on Rinkeby Testnet on our Arbitrum network (separate to Arbitrum One).

— Rahul 🔊🦇 (@iamRahul20x) November 3, 2021

Currently, 80,000 community points from two subreddits — r/cryptocurrency and r/FortNiteBR — have been moved to the Rinkeby Testnet on the Arbitrum network, which will be scalable for gasless transactions, according to Rahul.

Furthermore, Reddit communities will be able to fork blockchains based on community decisions, enabling the exploration of new monetization models using Web 3.

Reddit has hosted a variety of community-driven crypto initiatives, such as Dogecoin (DOGE) fundraisers, and it continues to serve a large crypto community.

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