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Verb: tokenize  'tow-ku,nIz
  1. (computing) substitute sensitive data with a meaningless or random identifiers
    - tokenise [Brit]
     
  2. (computing) represent assets and services by tokens for integration of granular payments and charges
    "in Web3, assets and services are tokenized so they can be automatically paid for as they are used";
    - tokenise [Brit]
     
  3. (linguistics) parse text into linguistic or semantic units
    - tokenise [Brit]

Derived forms: tokenizes, tokenized, tokenizing

Encyclopedia: Tokenize