In order to confirm the identity of the person entering an account, a verification code is given to a different device. It's used for two-factor authentication.
Encryption
Information can be converted into code using encryption, which conceals the true meaning of the data.
Altcoin is the term given to describe alternative digital assets, such as a coin or token that is not Bitcoin. This nomenclature comes from the idea that Bitcoin is the original cryptocurrency and that all others are then considered “alternate” or “alternative” coins.