While some users may be skeptical about tying most of their lives to digital wallets, she believes that such a system will be more secure and less prone to leak sensitive information, such as recent cryptocurrencies.
Digital wallets are centers made up of multiple wallets and accounts that can interact, share information and manage each other's policies, explains Houlgrave. Houlgrave believes such a center could hold everything from college diplomas to medical records to concert tickets. She also believes that security will be more customizable, and users will be able to control which wallets can interact with other domains.
She added that users will be able to take an ultra-secure approach to some aspects of the hub, allowing them to only interact with very specific whitelisted domains.
Some #cryptocurrency players may say that's not an option, but it's really the right market position for a niche of people who need security, she added.
security remains a major concern for wallet owners, but according to Ian Rogers of CXO #Ledger , the number of incidents may not decrease year on year as much as people expect as technology to combat hackers becomes more sophisticated.
In a conversation with Cointelegraph at #Token 2049, Rogers noted that as cybercrime grows worldwide, a broader trend is emerging that claims digital attacks will become more frequent and sophisticated.
Read us at: Compass Investments