If the blockchain is responsible for creating decentralized and transparent networks, then cryptography is what ensures the security of digital assets and their owners.
The word “cryptocurrency” itself is a combination of the words “cryptography” and “currency”.
It is responsible for the confidentiality of data and communications, which makes it indispensable in the crypto industry.
It is also used to secure transactions, to control the creation of additional units, and to verify the transfer of assets.
The cryptocurrency industry is rapidly evolving, and cryptography is successfully driving this development, as there is an increased need for virtual banking in our time.
Cryptography can be called a technological marvel that has changed the entire online payment industry.