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ECC is a method of cryptography that isn’t so much an improvement of the encryption method itself, but a method that allows encryption and decryption to take place much faster, without any loss of data security.
Homomorphic encryption would be a system allowing calculations on encrypted data without decrypting it. This method would allow encryption across cloud systems and ensure greater privacy for users. As an example, a financial institution could make assessments for individuals without revealing personal information.
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