Answer Posted / harika.thota001@gmail.com

we can use volatile in the application where a lot of threads are working simultaneously. Each thread having its local copy for instance variable. If we use volatile then it will become master copy. All will access the master copy. so whatever is latest we can use.

While Transient is used in the case of serialization.
Serialization is a process of writing an object in the files.
if we use prefix transient with variable than that variable value will not store when we write the object in the file.

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