Unless I’m confused tokenization is just a secure way of executing card transactions so platforms that require card payments don’t use your card directly instead use the “token” recognized by the payment processors VISA / MASTERCARD and the rest. It’s basically a way to combat fraud
2026-08-06 00:10:14
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Pascal :
So what’s the advantage of this?, after your explanation I don’t understand it’s significance, at the end of the day ledgers are updated like the old system, so what does tokenization achieve differently from the current system?
2026-08-04 13:20:11
2
Hustlers' Diary :
and how's the central banks grip on this arrangement look like ???
2026-08-04 13:14:22
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Kingperry :
I see another advantage if I truly understand you - These ledgers can be also be used to easily track loan defaulters across the entire financial sector… Because this is shared and stored in a blockchain
2026-08-05 18:21:00
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fackon80 :
Well explained and made easy.
2026-08-05 05:47:29
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M.Kay :
Hello senior, I'm a software engineering student from TTU. Can you be my mentor?
2026-08-04 19:42:03
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The General :
well explained 👏. made so easy
2026-08-04 15:25:35
3
Shaibu Zachariyya :
What does tokenization do in financial services?
A. Converts money into physical cash
B. Creates a digital representation of an asset
C. Deletes money from a bank account
D. Replaces the internet
2026-08-04 08:05:03
2
GRICOSIG :
well put
2026-08-04 13:25:45
1
CODEGRAPHICS CTO :
confusing me
2026-08-04 08:14:38
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Mawuli Thinks 🧠 :
that means centrally, one can know the entire worth of a person without having to combine it from different banks or financial institutions 🤔
or? is that part of the aim ?
2026-08-04 18:16:11
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PaaRich :
You're making me fall in love again with software engineering but man must eat... software engineering is not for the weak....
2026-08-06 00:21:51
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Spartans in Athens :
You did great bro. keep it up.
2026-08-04 18:02:15
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