Difference between revisions of "Verified Wallet"
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Revision as of 13:08, 20 September 2021
Full Title or Meme
A Verified Wallet is a piece of software that can be installed on a mobile computing device with a Secure Enclave that an App Assessor has determined to meet the Software Assessment Criteria for protecting user data both on-site and in-flight.
- This specification is designed to fill the needs of a mobile app that can be used to hold and release user credentials and personal information only as the user intends.
- The best example of a trusted wallet in 2020 is a well-known smartphone app that can hold and release Blockchain cash like Bitcoin.
- With the extensions of Digital Identifiers like eID in the EU and user held personal health records as mandated by the 21st Century Cures act, it is time for users to be able to determine if an app is verified to meet their needs before the load it and trust their money or the most personal information to it.