This special interest group (SIG) is focused on conversations related to the architecture of digital wallet engines and is a sub-group reporting to the OpenWallet Foundation's Technical Advisory Committee.
This wallet type relies on a service provider to operate a secure storage system, and expose capabilities over the internet to authorized users.
For example, the wallet controller might be allowed to read their account balance, see their credentials decrypted, etc..
But a party they shared access to might only be able to see their public identifiers and send them presentations.
Custodial setups such as cryptocurrency exchange accounts often refer to this as a "hot wallet", and might provide API access to it for automated trading.
This wallet type relies on a service provider to operate a secure storage system, and expose capabilities over the internet to authorized users.
For example, the wallet controller might be allowed to read their account balance, see their credentials decrypted, etc..
But a party they shared access to might only be able to see their public identifiers and send them presentations.
Custodial setups such as cryptocurrency exchange accounts often refer to this as a "hot wallet", and might provide API access to it for automated trading.