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Smart Card Authentication is a means of verifying users into enterprise resources such as workstations and applications using a physical card in tandem with a smart card reader and software on the workstation.
A digital or virtual smartcard is a form of the physical smartcard which can be stored on a smartphone, in the cloud or on another physical device such as a secure USB key.
These cards can be read-only and used to store data such as a PIN, password or public key. They can also be read-write and used to write or update user data.
Federal employees and contractors use PIV cards to access facilities and systems. PIV cards may also be known as a credential, common access card, LincPass, smart card, badge, or something else depending on your agency.
Smart cards provide ways to securely identify and authenticate the holder and third parties who want access to the card. For example, a cardholder can use a PIN code or biometric data for authentication. They also provide a way to securely store data on the card and protect communications with encryption.
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People also ask

A smart card is a physical device; a digital wallet is both software and information. D. A digital wallet contains a smart card; a smart card is part of the digital wallet along with other personal consumer information.
30 to 50B smart cards in circulation today It is estimated that between 30 to 50B smart cards are in circulation today. The smart card has a microprocessor or memory chip with the processing power to serve many different applications when coupled with a smart card reader.
Digital or virtual smartcards work in basically the same way as physical smartcards but the secure enclave can reside in other (non-physical smartcard) settings, such as the secure enclave of a mobile phone, a cloud based hardware security module (HSM), or a modern Trusted Platform Module (TPM).

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