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The paper provides a conceptual framework on the proposed private key encryption technique that can be used for data security in modern cryptosystem. This encryption technique uses the concept of arithmetic coding and can be used as an independent system as well as can be clubbed with any of the encryption system that works on floating point numbers. It provides one with a 256 character key (length of the key can be increased or decreased on the basic of the character set required) that can be used as a one time resident key or a key for every message depending on the level of security required.
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