A Brief History of Cryptography

Cryptocurrency is becoming a preferred choice of currency because of its convenience and security. It uses blockchain technology to secure transactions. A core part of blockchain is cryptography, which encrypts a transaction through a mathematical algorithm so only the recipient can receive it and prevents the transaction from being altered. In a previous blog, we discussed blockchain, but cryptography is equally fascinating.

In our digital age, encryption is vital in protecting cryptocurrency as well as data (e.g. contracts). Cryptography is a unique science that has gone through many changes throughout the centuries to ensure its usefulness. As fintech and blockchain industries advance, cryptography will need to advance as well.

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