What are the Applications of Cryptography in Business?
Cryptography has a wide range of applications in business, including:
Secure Transactions: E-commerce platforms use cryptographic methods to protect payment information and ensure secure transactions. Data Protection: Businesses store sensitive customer and corporate data in an encrypted format to prevent unauthorized access. Blockchain Technology: Cryptography is the backbone of blockchain, which is used in cryptocurrencies and other decentralized applications. Intellectual Property Protection: Companies use cryptographic methods to protect their intellectual property and proprietary information from theft and misuse.