1. Cryptography: Cryptography is the most commonly used technology for securing cryptocurrency transactions. It is a technique of writing or solving codes to secure or authenticate data or information. It uses the process of encryption and decryption to protect user data, private keys, and digital assets from unauthorized access.
2. Multi-signature Technology: With multi-signature technology, two or more users must approve a transaction before it can be sent. This ensures that multiple parties are involved in each transaction and helps ensure the security of the transaction.
3. Digital wallets: Digital wallets are software applications used to store, send, and receive cryptocurrencies. These wallets use strong encryption methods to keep user funds secure and require users to enter their credentials to access the wallet.
4. Decentralized Exchanges: Decentralized exchanges are platforms that allow users to trade cryptocurrencies without the need for a central authority. These exchanges remove the risk of user funds being stolen or disappearing due to malicious activity.