common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

How does blind signing enhance security in digital currency transactions?

avatarJonyNov 25, 2021 · 3 years ago1 answers

Can you explain how blind signing is used to enhance security in digital currency transactions? What are the benefits and how does it work?

How does blind signing enhance security in digital currency transactions?

1 answers

  • avatarNov 25, 2021 · 3 years ago
    Blind signing is a technique used in digital currency transactions to enhance security. It allows a user to sign a transaction without knowing the details of the transaction. This prevents the signer from tampering with the transaction or accessing sensitive information. Blind signing adds an extra layer of privacy and security to digital currency transactions, ensuring the integrity of the blockchain and protecting the interests of the transacting parties.