BlueWallet: The Secure Bitcoin Wallet

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Provided by: ETH Zurich
Topic: Security
Format: PDF
With the increasing popularity of Bitcoin, a digital decentralized currency and payment system, the number of malicious third parties attempting to steal bitcoins has grown substantially. Attackers have stolen bitcoins worth millions of dollars from victims by using mal-ware to gain access to the private keys stored on the victims' computers or Smartphones. In order to protect the Bitcoin private keys, the authors propose the use of a hardware token for the authorization of transactions. They created a proof-of-concept Bitcoin hardware token: BlueWallet.
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