A Sand Dollar enabled wallet can only be configured once multiple credentials have been authenticated. Users are required to supply two passcodes, one randomly generated, to complete some payments transactions.
Each wallet provides a unique set of data encryption to ensure privacy and confidentiality. Therefore, while the wallet owner has full sight of their transaction trail, back-office operators are blind to transaction details.
All financial institutions providing Sand Dollar services, including the Central Bank, must undergo a rigorous and independent cybersecurity assessment. The organisation's overall cybersecurity posture and, if available, the institution's proprietary mobile app are assessed to ensure they meet international standards.