Visual cryptography represents a sophisticated and innovative approach to secure information sharing, gaining traction within the field of information security. This technology adeptly transforms sensitive data into visually interpretable graphics or images. These images are then segmented into multiple independent parts, each distributed among different stakeholders. This strategy ensures that no single party can access the complete data without collaboration, thereby enhancing security. This dissertation delves into several anti-fraud visual password schemes designed to mitigate risks associated with deceptive behaviors by participants and distributors alike. By addressing these vulnerabilities, the proposed schemes enhance the integrity and reliability of the data sharing process. The application of visual passwords in real-life scenarios not only bolsters data security but also shields private information from potential leaks. By reducing the complexity and cost associated with traditional decryption methods, visual cryptography offers substantial support for a wide array of application scenarios. This dissertation presents a comprehensive exploration of visual cryptography's potential to revolutionize data protection strategies, illustrating its importance and utility in contemporary digital environments.