Cloud Wallet

[OR13]

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.