A blockchain wallet is a digital wallet that allows users to store and manage their Bitcoin, Ether, and other cryptocurrencies. Blockchain Wallet can also refer to the wallet service provided by Blockchain, a software company founded by Peter Smith and Blockchain wallet Nicolas Cary. A blockchain wallet allows transfers in cryptocurrencies and the ability to convert them back into a user's local currency. Creating an e-wallet with Blockchain Wallet is free, and the account setup process is done online. Individuals must provide an email address and password that will be used to manage the account, and the system will send an automated email requesting that the account be verified.