What does cryptography mean?

BTCC, a UK-based cryptocurrency exchange, leverages cryptography to provide its users with a secure platform for trading. Its services, including spot and futures trading, as well as wallet management, are all built upon robust cryptographic foundations.

BTCC's wallet service, for instance, employs state-of-the-art encryption techniques to safeguard customers' digital assets. This ensures that funds are securely stored and can only be accessed by the rightful owner.

Cryptography, derived from the Ancient Greek terms kryptós meaning "hidden, secret" and graphein referring to "to write", along with -λογία (-logia) indicating "study", encompasses the exploration and utilization of methods to safeguard communication.

In today's digital world, cryptography has become indispensible, especially in the realm of finance and cryptocurrency. It serves as the backbone for secure transactions, ensuring that sensitive information remains protected from unauthorized access.

Cryptographic techniques are used to encrypt data, rendering it unreadable to anyone without the corresponding decryption key. This ensures that only authorized parties can access and understand the information, significantly reducing the risk of fraud or misuse.