A Wallet is a trusted application or device that allows a person to securely store, manage, and present digital credentials and identifiers, and to authenticate themselves in electronic identity transactions.
For non-specialists, the key idea is that a wallet keeps digital copies of the proofs that show who you are, and uses cryptography to present only what is needed in a secure way.
A wallet is a trusted application or device that stores digital credentials and identifiers and uses them to authenticate a person in electronic transactions. It acts as the personβs control point for deciding which identity data to share, under what conditions, and with which services.
For non-specialists, a useful mental model is that a wallet keeps digital copies of the proofs that show who you are, and uses cryptography to present only what is needed in a secure way.
Think of a wallet as a digital passport holder plus smart keyring - it keeps your identity documents safe and uses your keys to prove that they are really yours.
A wallet is a secure digital place where you keep your IDs and use them to prove who you are online.