Definition ∞ Tokenized records are digital representations of data or information that are recorded and secured on a blockchain as unique, verifiable tokens. Each token corresponds to a specific record, ensuring its immutability, authenticity, and transparent ownership or access rights. This method provides a verifiable audit trail for sensitive information.
Context ∞ In various industries, tokenized records are being explored for applications such as supply chain management, intellectual property registration, and digital identity verification. The situation involves leveraging blockchain technology to create tamper-proof and easily auditable logs of important data, enhancing trust and efficiency. A critical future development includes the standardization of tokenized record formats, facilitating interoperability and widespread adoption across different enterprise and public blockchain networks.
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