Basis Theory is a technology platform focused on simplifying the way businesses handle sensitive data, by providing tools to tokenize and secure this data while ensuring compliance with regulatory standards. The platform aims to enable companies to manage sensitive information such as personal identification numbers, bank account details, and health information, safely and efficiently. Basis Theory’s offerings include data tokenization, encryption, and secure data storage solutions, designed to protect sensitive data while maintaining usability and accessibility for authorized users. Their services are valuable for businesses looking to enhance their data security measures and comply with privacy regulations like GDPR or PCI-DSS.