A hot wallet is a digital wallet that is connected to the internet, allowing quick and easy access to cryptocurrencies or digital assets. It is convenient for frequent transactions, but it is more vulnerable to hacking because it stays online. A cold wallet, in contrast, keeps digital assets offline, usually using hardware devices or paper,…
Category: Digital Tokens
Data Tokenisation
Data tokenisation is a security process that replaces sensitive information, like credit card numbers, with unique identifiers called tokens. These tokens have no meaningful value if accessed by unauthorised people, but they can be mapped back to the original data by someone with the right permissions. This helps protect confidential information while still allowing systems…