2. Types of Encryption Algorithms and Their Applications
Various encryption algorithms exist, each designed for different security needs and applications. The most widely used types include:
- AES (Advanced Encryption Standard): A symmetric encryption algorithm used by governments and organizations worldwide to protect classified data.
- RSA (Rivest-Shamir-Adleman): An asymmetric encryption method used in secure communications, digital signatures, and online banking.
- Blowfish & Twofish: Lightweight encryption techniques designed for speed and efficiency in protecting files and network communications.
- ECC (Elliptic Curve Cryptography): A powerful encryption method used in modern secure messaging applications and cryptocurrency wallets.