Definition ∞ Digital wallet management involves the processes and tools utilized for securely storing, sending, and receiving digital assets, including cryptocurrencies and non-fungible tokens. This encompasses safeguarding private keys, authorizing transactions, and interacting with various blockchain networks. Effective management is essential for protecting digital holdings and participating in the digital economy.
Context ∞ Security and user experience remain central to ongoing discussions regarding digital wallet management. Debates often concern the distinctions between self-custody and third-party custodial solutions. Future advancements will likely include enhanced biometric authentication, multi-party computation wallets, and greater interoperability across diverse digital asset platforms.