Tokenization Platform for Businesses
Interested in a tokenization platform to shield your client data from unwanted attention? Take a look at what we have to offer.
Interested in a tokenization platform to shield your client data from unwanted attention? Take a look at what we have to offer.
Tokenization can serve many purposes, but in the era of digitization, one of its key tasks is to elevate data security and compliance. While methods like format-preserving encryption, data masking, and authentication can also get the job done, at Qulix, we consider tokenization an ultimate winner in the field of data privacy. Here's why:
Unlike encryption, tokenization isn't reliant upon the complexity of an encryption algorithm or an encryption key. It replaces a sensitive data element with a non-sensitive data equivalent, i.e., randomly generated tokens that cannot be reverse-engineered to the original format. In the case of data breaches, hackers will find proxies without real value. The original data will be securely stored in a separate location guarded with access control.
Whether it's personally identifiable information (PII), payments, ID verification images, or any other data type, data tokenization is a doorway to sharing required datasets with third parties in a confidential, compliant, and secure manner. Even if you deploy your solution in the cloud or another big data environment, your tokenized data will remain intact: these providers are not authorized to reach it.
As a payment processor that offers tokenization, you gain absolute control over all company assets. Hence, you obtain a unique opportunity to protect cardholder data on a brand-new level. As you free clients from the need to capture, store, and share any sensitive information, you decrease the probability of data theft and remove the human factor from the equation.
PCI Security Standards Council doesn't call for protection of tokenized data. It becomes significantly easier to meet the requirements of PCI-DSS (Payment Card Industry Data Security Standard), or non-public personal information (NPPI) and electronically protected health information (ePHI) to comply with HIPAA regulations
To help you succeed in effortless PCI DSS compliance and win over the hearts of customers, we propose you to try our white-label tokenization platform. Enjoy the speedy launch of your product in the MVP format while minimizing the risks of money loss and delay.
Our solution is capable of tokenizing everything — from an organization's sensitive data to physical goods. We offer it in the form of an MVP, or a minimum viable product. That is a set of basic features available on-demand. It represents the product's current capabilities and the potential to be improved in the future.
An MVP of a tokenization services platform takes about 3‑4 months to craft. Here's a scope of what we do within that time frame:
Wonder what comes next? We set up a continuous process of product development, with regular enhancements and the release of new features.
If you have any questions about the MVP workflow, let's talk.
We partnered up with a Singapore-based company, STATER, to build an ecosystem that fosters safe and efficient commodity trading. Among the products that make up the ecosystem, there are a built-in eWallet, an investment platform, and a tokenization tool, since the client secures short-term trading deals with tokenized physical commodities (RWA).
EWallets are vital for modern fintech ecosystems. They are quick and convenient applications for money transfers, payments, investing, and a myriad of other financial operations. You can access them via a smartphone and/or a desktop. Together with our client STATER, we brought their version of the must-have to life. Would you like to explore the product in-depth?
Do we stand out among other companies that specialize in tokenization software? Absolutely, and here is why:
We build our partnerships on mutual trust and respect. Regular builds, daily sprints, streamlined CI/CD, the application of tools like Jira and Confluence — our work process is transparent, and we will keep you updated on the development process at all times.
80% of our projects are fintech solutions. In 20+ years we've been in the market, we have done business with over 200 clients from 30+ countries spread across the world. Tell us what kind of product you'd like to build, and we'll make that happen.
We strive to build partnerships that last and support original thinkers. If our collaboration promises to be long-term, and your idea sparks our interest, we are ready to provide our services at a discounted price.
Crypto, digital assets, cross-border payment processes and remittances, investments, PFM/BFM — we work with all these things and more. If you need a partner to develop a project roadmap, we're open to collaboration.
We offer unlimited token storage, easy upgrades, and cloud-friendly solutions. If you have any specific requirements for the project, let us know, and we'll do our best to implement them.
We partner up and closely cooperate with you on the project for 3–4 months. That's all it takes for you to receive a well-rounded MVP. We will also set up all the processes for future product development.
To discuss the costs, the tech stack for your project, or go over it in general, schedule a free online consultation with our team of experts.
Feel free to get in touch with us! Use this contact form for an ASAP response.
Call us at +44 151 528 8015
E-mail us at request@qulix.com