Decryption is the process of transforming encoded or encrypted data back into its original, readable form. This process enables authorised users to access and understand the information that was previously secured. Decryption works alongside encryption, reversing the process to reveal the original data. It requires a cryptographic key or password, which matches the method used during encryption. Decryption is essential for maintaining data security while enabling access to authorised users in finance, and blockchain technology.
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