Abstract
The need of cloud based wallet is increasing day by day. But there are several threats to this type of wallet system. There is a chance of unauthentic access in cloud based wallet system as the transactions are made in monetary terms. There is a need to provide security in order to prevent unauthentic access. This research proposes the novel access control mechanism in order to secure the cloud based wallet. In this research implementation of access control mechanism has been made in order to design secure electronic wallet based system. The major concerns regarding wallet security have been discussed. These mechanisms are generally utilized in case of financial sectors. Money of user is usually represented in digital wallet and security of such digital wallet is mandatory. To boost security of such digital Electronic wallets this research has introduced many security techniques that are Session based security, one time password, security from cookies, Capcha, Cryptography, IP authentication. This paper resolves the challenges to security in case of digital wallet.
Published Version
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