What is data encoding? What is its importance?
This is a community contribution and is written by Chike Okonkwo, co-founder of the web3 social media gaming protocol Gamic HQ.
The opinions and ideas expressed in this article are those of the contributor/author and do not necessarily reflect the views of Binance Academy.
Summary
Data tokenization refers to the process of converting sensitive data, such as credit card data, into tokens that can be securely transferred on a blockchain without revealing the original data.