Public key cryptography revolutionized secure communication by using key pairs: public for encryption and private for decryption. This system eliminates the need for secure key exchange, enabling confidential data transmission over unsecured channels like the internet. Key concepts include asymmetric cryptography, digital signatures, and cryptographic hash functions. Popular algorithms like RSA and ECC power real-world applications such as SSL/TLS, email security, and cryptocurrencies. Despite some weaknesses, public key cryptography remains crucial for modern cybersecurity.