# What is a wallet address?
A wallet address is a unique alphanumeric identifier used to send and receive digital assets on a blockchain. It functions similarly to a bank account number in traditional finance, allowing users to transact securely within the decentralized ecosystem. Wallet addresses vary depending on the blockchain network (e.g., Bitcoin, Ethereum) and may be publicly visible on the blockchain ledger.
**What a wallet address represents in Ospree**
Just like in traditional banking, where a customer can have one or multiple bank accounts, one or multiple wallet addresses can be linked to a customer profile, associating key compliance data points that help automate regulatory processes. This is essential for Travel Rule operations, ensuring the proper identification of transaction participants and facilitating compliance with regulatory requirements.
* **Address screening** – Each wallet address can be screened using Ospree’s Blockchain Analytics Module to detect potential risk factors.
* **Self-hosted wallet labeling** – Wallets can be labeled as self-hosted to distinguish them from VASP-managed wallets.
* **Travel Rule integration** – Wallet addresses are linked to originator and beneficiary details to facilitate Travel Rule data exchange.
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