Information tokenization is an information security and protection strategy that involves replacing sensitive data with unusual tokens or placeholders. These tokens are typically irregular strings that have no actual meaning and are irreversible,

Being a new user you have provided such an authentic and useful information regarding this topic and I extremely agree with you that for saving our personal information like our credit card number we need most authentic method like this that stores our sensitive information on randomly generating strings from which this information cannot be sale by anyone.

encryption involves converting information into a mixed organization using computation and key. The purpose of encryption is to protect the secrecy of information and to ensure that even if unauthorized persons have access to the encrypted information, they cannot read or understand it without the decryption key.

You have successfully explain meaning of encryption as well as you have explained that it involves complex mathematical algorithms as well as it provides a key which could be used in letter when you have to do any transaction so key is most important if you want to withdraw anything overall good understanding you have regarding this topic and all answers are explain very well I wish you success in this engagement challenge