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In this video tutorial, the speaker discusses radix 64 conversion, which is used in BGP and PGP for providing confidentiality and authentication services in electronic mail and file storage applications. The conversion is necessary because encrypted data may contain non-printable ASCII characters, which cannot be used in email systems. Radix 64 conversion is responsible for converting these non-printable characters into printable ASCII characters, ensuring that the encrypted email can be properly transmitted. This technique is used in both PGP and MIME for mapping the ASCII characters.