# Wallet Governance (Layer2 Meetup@Tokyo/San Francisco, 2024)

**URL:** <https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536>\
**Category:** General\
**Created:** [September 9, 2024, 12:54pm UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536 "2024-09-09T12:54:46Z")\
**Posts on this page:** 9\
**Page:** 1

<div class="post-metadata">

**Author:** ![ts1433](https://avatars.discourse-cdn.com/v4/letter/t/cab0a1/32.png) [@ts1433](https://bgin.discourse.group/u/ts1433)\
**Post date:** [September 9, 2024, 12:54pm UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536/1 "2024-09-09T12:54:46Z")

</div>

15:00-16:30 Wallet Governance Agenda

1. What is the definition of “Governance” for wallet?

- A shared understanding of Governance with regard to wallets
  - How can wallets be developed securely? (supply chain management of software and hardware and key and privacy management),
  - How can wallet providers balance with regulatory requirements, especially KYC and AML/CFT measures?

1. Wallet Governance and Policy Study Report by BGIN (30 minuites) by Saki and Mitchell

- Presentation of the summary of this report and share the purpose of this paper: provide comprehensive description of crypto wallets that discuss pros and cons of each type of wallets in terms of security, privacy, and usability, as a first step
- Biometric Key Management
  - Technical biometric bound wallet technologies

- Wallet Governance and Use Case Mapping

1. How can wallets be developed securely? (30 minutes)

- Overview of the Cryptographic Module Validation Program (CMVP)

- Software supply chain

- Hardware supply chain

- Security of LN supported wallets

1. How can wallets balance with regulatory requirements? (30 minutes)

- Continue discussion about regulatory uncertainty for wallets in the last session
- Presentation of the summary of “Accountable Wallet” paper by Masato Y or Mitchell
  - Would you see a potential in building a reputation system on Bitcoin
  - Self Custodial Wallet Providers
  - Accountable Wallet Solutions

- Any other measures that are being discussed in the bitcoin community?

1. Next steps

- Create new minimum requirements for cryptographic modules used in crypto wallets
- Discuss further how we can establish a third-party validation program for crypto wallets - Could we standardize the program through ISO potentially?

---

<div class="post-metadata">

**Author:** ![ts1433](https://avatars.discourse-cdn.com/v4/letter/t/cab0a1/32.png) [@ts1433](https://bgin.discourse.group/u/ts1433)\
**Post date:** [September 10, 2024, 1:25pm UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536/2 "2024-09-10T13:25:49Z")

</div>

Related Documents

Wallet Governance, Policy and Key Management Study Report

> **[BGIN\_WD\_SR00\*\*\_ Wallet Governance and Policy Study Report](https://docs.google.com/document/d/12bn-bXRaqs0syEX2lX_k-yXWeFlgnh38iv1Onu_Kwuc/edit#heading=h.bh83bxz5363p)**
>
> BGIN SR 00\*\* (Working Draft) Wallet Governance, Policy and Key Management Study Report This study is a work product of IAM, Key Management and Privacy Working Group of BGIN. ©2022 BGIN (Blockchain Governance Initiative Network) is...

---

<div class="post-metadata">

**Author:** ![nat](https://sea1.discourse-cdn.com/flex019/user_avatar/bgin.discourse.group/nat/32/12_2.png) [@nat](https://bgin.discourse.group/u/nat)\
**Post date:** [September 12, 2024, 12:00pm UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536/3 "2024-09-12T12:00:15Z")

</div>

Thanks for sharing. Who is going to be at the meetup in person?

---

<div class="post-metadata">

**Author:** ![ts1433](https://avatars.discourse-cdn.com/v4/letter/t/cab0a1/32.png) [@ts1433](https://bgin.discourse.group/u/ts1433)\
**Post date:** [September 12, 2024, 12:16pm UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536/4 "2024-09-12T12:16:38Z")

</div>

@nat [BGIN Layer2 Meetup @Tokyo · Luma](https://lu.ma/ek33ayxg) You can see the list of participants here

---

<div class="post-metadata">

**Author:** ![nat](https://sea1.discourse-cdn.com/flex019/user_avatar/bgin.discourse.group/nat/32/12_2.png) [@nat](https://bgin.discourse.group/u/nat)\
**Post date:** [September 12, 2024, 1:50pm UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536/5 "2024-09-12T13:50:53Z")

</div>

Thanks. Maybe I needed to register …

---

<div class="post-metadata">

**Author:** ![masato](https://sea1.discourse-cdn.com/flex019/user_avatar/bgin.discourse.group/masato/32/136_2.png) [@masato](https://bgin.discourse.group/u/masato)\
**Post date:** [September 17, 2024, 8:17pm UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536/7 "2024-09-17T20:17:01Z")

</div>

> **[Accountable Wallet - BGIN Layer 2 Meetup.pdf](https://drive.google.com/file/d/1eve-2HOsXo5cGmZSpt548RHTsi0yZyix/view?usp=sharing)**
>
> Google Drive file.

This is the material I plan to use in explaining “Accountable Wallet Solutions” in the fourth section.  
Since our time is quite limited, I would greatly appreciate it if everyone could read this in advance to ensure we have a meaningful discussion.

---

<div class="post-metadata">

**Author:** ![masato](https://sea1.discourse-cdn.com/flex019/user_avatar/bgin.discourse.group/masato/32/136_2.png) [@masato](https://bgin.discourse.group/u/masato)\
**Post date:** [September 17, 2024, 8:18pm UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536/8 "2024-09-17T20:18:10Z")

</div>

> **[(Appendix) Accountable Wallet Paper Overview - BGIN Layer 2 Meetup.pdf](https://drive.google.com/file/d/1RfZpCZojUNdKrbm-PmMhGvmFQLIGp_jO/view?usp=sharing)**
>
> Google Drive file.

The research paper is currently in progress. While we can’t share the full paper yet, I’ve prepared a brief document outlining its structure for your reference.

---

<div class="post-metadata">

**Author:** ![saki-otsuki](https://avatars.discourse-cdn.com/v4/letter/s/b9e5f3/32.png) [@saki-otsuki](https://bgin.discourse.group/u/saki-otsuki)\
**Post date:** [September 19, 2024, 10:04am UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536/9 "2024-09-19T10:04:22Z")

</div>

Here is the material we will be using in tomorrow’s session on wallet governance. Sorry for the late share.

> **[20240920\_BGIN\_Wallet Governance.pptx](https://docs.google.com/presentation/d/1Upjr8wfxSpXu60DyIzS59J75KOhkSUNB/edit?usp=sharing&ouid=115989301791174521785&rtpof=true&sd=true)**
>
> Key Management types of Blockchain Wallets NEC Corporation Saki Otsuki This is Saki Otsuki from NEC Corporation. Today we will be talking about key management types of blockchain wallets. 1

---

<div class="post-metadata">

**Author:** ![Mitchell](https://sea1.discourse-cdn.com/flex019/user_avatar/bgin.discourse.group/mitchell/32/78_2.png) [@Mitchell](https://bgin.discourse.group/u/Mitchell)\
**Post date:** [September 19, 2024, 1:04pm UTC](https://bgin.discourse.group/t/wallet-governance-layer2-meetup-tokyo-san-francisco-2024/536/10 "2024-09-19T13:04:24Z")

</div>

Hi all!

I’ve made a brief slide of my part of the presentation /

I plan to mostly present the mental model around the topic and questions around ‘wallet convergence’ its positive and negative, and highlight the way that the paper we are building tries to contextualise this fundamental question.

Throughout I’d like to have the meetup be able to answer / ask a question / provide a use case example which is unique and insightful.

> **[BGIN\_L2Tokyo\_WalletGovernance.pptx](https://docs.google.com/presentation/d/1rZ7slos2D5KguiRzTZeeGcev7Bmik66g/edit#slide=id.g3027535abca_0_28)**
>
> Partnering for Impact Wallet Governance Identity Key Management and Privacy Working Group Study
