Ledger Reveals Clear Signing Initiative, Combats Blind Signing Risks

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What is Clear Signing and how does it work?

Ledger’s Clear Signing initiative aims to make transaction details transparent and understandable. The initiative is based on two main principles:

  • Clear Transaction Intent: Wallets will show the type of approval being requested and the dApp making the request.
  • Human-Readable Transaction Fields: Transactions will be displayed in a format that outlines the assets involved, making them easily understandable.

This converts complex smart contract data into a human-readable format using a simple JSON schema, ensuring integration with digital asset wallets and dApps, reducing the risks associated with blind signing.

Ledger plans to release Clear Signing tools, libraries, and APIs this summer, with standards accessible via their GitHub repository to encourage adoption with the goal of making Clear Signing a standard for secure and transparent digital transactions.

Ledger encourages the digital asset community to contribute to refining the standard.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

Ledger Reveals Clear Signing Initiative, Combats Blind Signing Risks is written by Jenz for nftplazas.com

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