What benefits does homomorphic encryption provide for ensuring data security without compromising functionality?
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Homomorphic encryption allows computations to be performed on encrypted data without decrypting it, providing a way to securely process sensitive information while preserving privacy. This enables parties to perform operations on data while it remains in its encrypted form, preventing exposure of sensitive information during processing or transmission. This capability is particularly valuable in scenarios where data security and privacy are paramount, such as in cloud computing, secure data processing, or outsourcing of computations to untrusted hosts.