Definition ∞ Transaction Encryption is the process of encoding transaction data to protect its confidentiality and integrity during transmission and storage. This cryptographic technique prevents unauthorized parties from accessing or altering sensitive information. It secures data from public view.
Context ∞ This technology is crucial for privacy-preserving blockchains and decentralized applications where user anonymity and data security are paramount. News reports often cover advancements in zero-knowledge proofs and other cryptographic methods that enable transaction encryption without compromising network verifiability.
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