Many applications like PayPal or ArCa store your credit cards from different banks in
the same place. This way, you do not need to use your card pin every time you want
to make a transaction.
Imagine the same thing, but for crypto accounts.
In traditional applications, a central database or bank is responsible for managing and
recovering your accounts. But in Oracle Wallet, all the control belongs to the owner
of the master key. Whoever holds the key has power over the funds.
Your recovery phrase is the “Master Key”, in some wallets, it is a series of 12 words.
This information has to be kept very securely. In case anybody has access to your
master key, they obtain all the control over your oracle wallet.
Nobody could help you access your wallet if you had lost your secret recovery code!
Oracle’s purpose is to create wallets and generate certificates.
So a wallet is a password-protected container that you can use for storing
authentication and signing credentials, including private keys, certificates, and
trusted certificates needed by SSL.
This can be taken to another level if you use Oracle TNS (Transparent Network
Substrate). TNS is an administrative file that hides the details of the database
connection string, meaning port numbers, hostnames and service names. Instead, it
uses an alias.
There are several options for installing an Oracle Wallet; you can choose the most
suitable for you from a variety.
After accomplishing this step, you can start managing your wallet with specific
commands that are easily accessible online.
It is recommended to create and manage your wallet in a database environment that
provides all the necessary commands and libraries.
You can use various commands to run and control your wallets. This comes in very
handy when you want to accomplish something rapidly.
To create a wallet, you can use this command: mkstore -wrl <wallet_location>
-create
Wallet_location is the path to the directory where you want to create and store
the wallet.
And the mkstore command prompts for a password that is used for subsequent
orders.
For instance:
mkstore -wrl /tmp/wallet –create
Enter password: mysecret
PKI-01002: Invalid password.
Enter password: mysecret1 (not echoed)
Enter password again: mysecret1 (not echoed)
Oracle wallet manager can help you perform these tasks:
● Creating wallets
● Generating certificate requests
● Opening wallets to access PKI-based services
● Saving credentials to hardware security modules by using APIs that comply
with the Public-Key Cryptography Standards #11 (PKCS #11) specification
● Uploading wallets to (and downloading them from) an LDAP directory
● Importing third-party PKCS #12-format wallets
● Exporting Oracle wallets to a third-party environment.
Oracle wallet manager also provides features such as wallet password management,
strong wallet encryption, PKCS (Pubic Key Cryptography Standards) support,
Microsoft Windows Registry Wallet Storage, Backward Compatibility, Multiple
Certificate Supports, LDAP Directory Support.
In brief, the best way to understand Oracle Wallets is to go and try it yourself. There is
no doubt that experiencing such technologies in practice would be more productive
and effective than reading countless articles about them.
© Douglàs Galoyan