Damex
Glossary

What is a Public Key?

A Public Key is a key that is publicly available and used to encrypt data.

How does a Public Key work with a Private Key?

The corresponding private key is needed to decrypt data encrypted with the public key.

How can you understand a Public Key in simple terms?

A Public Key is like a code that anyone can see and use to send you encrypted messages or money. To access what was sent to you, you need your private key, which ensures that only you can decrypt and read the information.

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Related terms (by category)

Private Key

A secret key used to encrypt and decrypt data, particularly in cryptocurrency transactions.

Privacy Policy

Guidelines that describe how Damex collects, uses, and protects users’ personal data.

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Accessing corporate bank accounts has become more and more difficult over recent years, particularly for companies deemed to be medium or high risk.

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Damex offers three alternative custody solutions.

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