The safety procedure that enables a trusted party to have a copy of the encryption key is called key escrow.
<h3>What is encryption?</h3>
The process to convert data into a coded message that conceals its real meaning is known as encryption.
As we know,
Key escrow is the security measure that makes it possible for a reliable third party to own a copy of the encryption key.
Electronic cash systems employ encrypting to secure traditional transaction information like account information and activity amounts.
Thus, the safety procedure that enables a trusted party to have a copy of the encryption key is called key escrow.
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