Mnemonic Phrase Management and SIM Based Two-Factor Authentication (2FA) for Mobile Wallets in Blockchain
Published in 2023 IEEE International Conference on Blockchain and Distributed Systems Security (ICBDS), 2023
The paper proposes a secure architecture for mobile blockchain wallets to address security challenges on mobile devices. It integrates a SIM card as a hardware component with a mnemonic phrase for Two-Factor Authentication (2FA). Additionally, it employs Shamir’s secret sharing scheme to improve the wallet’s security and robustness. The proposed design is analyzed for its resilience against various types of attacks, aiming to enhance the overall security of mobile blockchain wallets and promote wider adoption of blockchain technology.
Recommended citation: A. V. Khade, H. R. Patel and C. Modi, "Mnemonic Phrase Management and SIM Based Two-Factor Authentication (2FA) for Mobile Wallets in Blockchain," 2023 IEEE International Conference on Blockchain and Distributed Systems Security (ICBDS), New Raipur, India, 2023, pp. 1-6, doi: 10.1109/ICBDS58040.2023.10346266.
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