1. A system to perform image-based tokenization, the system comprising: a memory storing a processing application comprising machine readable instructions; a processor that executes the stored processing application to: prompt a user via a display to capture an image of a physical item; control an imaging sensor to capture the image; measure pixel parameters of pixels in a region of the captured image to identify a unique feature of the physical item; a tokenization server to: receive the unique feature identified by the processing application; and apply the unique feature to a cryptographic function to generate a token for the physical item; and a token database to store the token and information related to the physical item.