Universal wallets

Kim Peiter Jørgensen; Roman Beck

doi:10.1007/s12599-021-00736-6

Universal wallets

Kim Peiter Jørgensen, Roman Beck

Research output: Journal Article or Conference Article in Journal › Journal article › Research › peer-review

Abstract

The adoption of blockchain-based cryptocurrencies has paved the way for blockchain projects in other applications. In general, cryptocurrencies and crypto tokens are accessed through crypto wallets containing the necessary keys to transfer digital assets securely. The increased density of automation—from smart clothing, homes, and appliances, to smart cars, smart roads, and smart cities—has heightened the need for effective, resilient, and secure access to and communication with these devices. In this context, universal crypto wallets play a key role in authorizing transactions and governing activities. Digital wallets existed long before the invention of blockchain. Crypto wallets are a new type of digital wallet that provide a secure environment for accessing and conducting transactions on blockchains. The next evolution of crypto wallets, universal crypto wallets—what we call universal wallets—can be considered …

Original language	English
Journal	Business & Information Systems Engineering
Volume	64
Issue number	1
Pages (from-to)	115-125
Number of pages	11
ISSN	1867-0202
DOIs	https://doi.org/10.1007/s12599-021-00736-6
Publication status	Published - 8 Jan 2022

Keywords

Blockchain
universal wallet
crypto wallet
token

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10.1007/s12599-021-00736-6

J-rgensen_et_al-2022-Business_&_Information_Systems_EngineeringFinal published version, 548 KB

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abstract = "The adoption of blockchain-based cryptocurrencies has paved the way for blockchain projects in other applications. In general, cryptocurrencies and crypto tokens are accessed through crypto wallets containing the necessary keys to transfer digital assets securely. The increased density of automation—from smart clothing, homes, and appliances, to smart cars, smart roads, and smart cities—has heightened the need for effective, resilient, and secure access to and communication with these devices. In this context, universal crypto wallets play a key role in authorizing transactions and governing activities. Digital wallets existed long before the invention of blockchain. Crypto wallets are a new type of digital wallet that provide a secure environment for accessing and conducting transactions on blockchains. The next evolution of crypto wallets, universal crypto wallets—what we call universal wallets—can be considered …",

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Universal wallets

Abstract

Keywords

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