Individual Wallet

Overview

An individual wallet may be self-custodial or provider-hosted. It can serve personal saving, payments, trading, identity, or application access. The defining feature is the intended account holder, not the underlying key architecture or degree of provider control.

Personal designation does not prevent delegation, recovery assistance, device synchronization, or shared credentials. Informal sharing can create unclear ownership and unsafe recovery. Employment, estate planning, incapacity, divorce, taxation, and local law may also affect who has rights to the assets.

Users should understand custody, backup, recovery, supported networks, fees, privacy, and inheritance options. Strong authentication and protected recovery material are essential. If the wallet is used for business funds, separating it from personal activity improves accounting, governance, and continuity when roles or devices change.

Individual Wallet should be distinguished from the asset balance and from the application that displays it. For example, a customer-facing success message does not prove that the intended transaction executed on the correct network; operations should verify execution and reconcile the result before irreversible fulfillment.

Records for Individual Wallet should preserve account and address identifiers, asset and network identity, policy version, requester, approvers, signed payload or transaction reference, fees, timestamps, status history, confirmations, exceptions, and final balance and accounting effects. For Individual Wallet, corrections must remain linked rather than overwrite the original event.

Production ownership for Individual Wallet should identify the user or legal entity, supported assets and networks, address model, custody boundary, signing authority, recovery method, and systems permitted to request or observe transactions. For Individual Wallet, these fields determine who can act and which evidence is authoritative.