A secure and hybrid approach for key escrow problem and to enhance authentic mobile wallets

Abstract

Mobile wallet is one of the commonly used approaches to make disbursement services under financial and business group through mobile applications in the devices such as smart phones, iPads. On the other hand, due to inadequate resource availability of the handheld devices, large-scale computing cannot be performed. When the payment is made through wireless telecommunication network, there are possibilities of threats and attacks the mobile device and the information transacted through the mobile device. In this paper, a hybrid technique is proposed to provide authentication and to solve the key escrow problem. This approach would pay a way to authorize the data and can provide a fair cryptography environment in the transaction.