What Is the Role of a Cryptographic Hash Function in Securing an Options Trading Platform? ▴ Learn

What Is the Role of a Cryptographic Hash Function in Securing an Options Trading Platform?

Cryptographic hash functions are used to ensure data integrity and authenticity. On a trading platform, they secure audit trails, verify the integrity of trade records, and secure user passwords.

For example, hashing trade parameters before transmission can prove the data hasn't been tampered with. They also play a role in creating secure digital signatures for verifying the origin of trade instructions.

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Can a Merkle Proof Be Used to Verify the Integrity of an Options Contract Data Feed?

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