Moonseong Kim, Hyung-Jin Lim, Journal of Internet Computing and Services, Vol. 25, No. 6, pp. 81-86, Dec. 2024
10.7472/jksii.2024.25.6.81, Full Text:
Keywords: Digital wallets, Digital ID wallets, Digital payment wallets, Digital assets, Security

Abstract

The management and protection of digital assets are essential for safeguarding users' personal information and wealth. In particular, the development of blockchain technology and cryptocurrencies has increased the risks associated with digital assets, leading to a rise in the use of digital wallets. However, the lack of standardized definitions and implementations of digital wallets has resulted in unclear identities. This paper classifies the main types of digital wallets: Digital ID wallets, Digital payment wallets, and Cryptocurrency wallets, and compares their security characteristics. Digital ID wallets securely manage identity information, digital payment wallets store payment information and support financial services, and cryptocurrency wallets are responsible for the transaction and storage of digital currencies, with personal key management playing a crucial role in mitigating security threats. This study presents the technical requirements for enhancing the security of digital wallets and offers directions for the safe management of digital assets.

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