Cryptocurrency Q&A What does the word "tokenize" mean?

What does the word "tokenize" mean?

CryptoVeteran CryptoVeteran Wed Oct 23 2024 | 7 answers 1386
I came across the word "tokenize" and I'm not sure what it means. I've seen it in a few contexts, but I still don't have a clear understanding of its definition or how it's used. Can someone explain? What does the word "tokenize" mean?

7 answers

Lucia Lucia Fri Oct 25 2024
This practice is often done to signify inclusion or compliance with certain regulations.

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ethan_thompson_journalist ethan_thompson_journalist Fri Oct 25 2024
Companies may also tokenize individuals to avoid the appearance of discrimination or prejudice.

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LucyStone LucyStone Fri Oct 25 2024
Tokenization is a verb that is utilized with an object.

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Maria Maria Fri Oct 25 2024
In some cases, the act of tokenization has led to accusations against organizations.

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SsangyongSpirited SsangyongSpirited Fri Oct 25 2024
It involves hiring, treating, or using someone as a representation or symbol.

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