Encrypted Transactions
Encrypted transactions refer to the process of securing data exchanges, such as financial payments or sensitive communications, by using cryptographic techniques to encrypt the information before transmission and decrypt it upon receipt. This ensures confidentiality, integrity, and authenticity, preventing unauthorized access or tampering during transit. It is a fundamental component in secure systems like online banking, e-commerce, and blockchain networks.
Developers should learn and implement encrypted transactions when building applications that handle sensitive data, such as payment processing, healthcare records, or confidential messaging, to comply with security standards like PCI DSS or GDPR and protect against data breaches. It is essential in scenarios involving financial transactions, secure API communications, and decentralized systems like cryptocurrencies, where trust and privacy are critical.