Splitwise VS JSON Web Token

• User-Friendly Interface
  Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
• Multi-Platform Availability
  Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
• Expense Tracking
  The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
• Flexible Split Options
  Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
• Currency Conversion
  Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
• Bill Reminders
  The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
• Integration with Payment Platforms
  Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages

• Privacy Concerns
  Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
• Subscription-Based Features
  Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
• Manual Entry Requirement
  Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
• Limited Automatic Reconciliation
  While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
• Dependency on Group Honesty
  The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
• Potential for Confusion
  The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.

• Stateless
  Since JWTs are self-contained, they do not require server-side sessions, enabling stateless authentication and reducing server memory usage.
• Scalability
  JWTs can easily be used in distributed systems and microservices architectures due to their stateless nature, facilitating horizontal scaling.
• Decentralized Issuance
  Multiple issuers can create and sign their own tokens, allowing for more decentralized and flexible authentication mechanisms.
• Performance
  JWTs eliminate the need for database lookups during authenticating requests, as the token contains all the necessary information, which can lead to performance improvements.
• Cross-domain and Mobile Compatible
  JWTs are widely supported by different platforms and can easily be used in cross-domain situations and with mobile applications.
• Security
  JWTs can be signed and optionally encrypted, ensuring the authenticity and integrity of the data they carry.

Possible disadvantages

• Size
  JWTs tend to be larger than session IDs, which can increase the amount of data transmitted during requests.
• Expiration Handling
  Managing token expiration can be complex. Once a token is issued, it remains valid until it expires or is explicitly revoked.
• No Built-in Revocation
  Unlike sessions, JWTs cannot be easily revoked server-side, making it difficult to immediately invalidate tokens without additional mechanisms.
• Security Risks
  If a JWT is intercepted or compromised, it can be used until it expires. Thus, it should be properly secured and transmitted over HTTPS.
• Token Overhead
  Embedding too much information in the token payload can lead to performance overhead and potential data exposure risks.
• Complexity
  Implementing JWT correctly requires a thorough understanding of security practices and token lifecycle management, which can add complexity to the system.

Splitwise - iPhone App Review! [2020]

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JSON Web Tokens Suck - Randall Degges (DevNet Create 2018)

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  www.mobileappdaily.com · Oct 2023

  Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With...

• 6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
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Tracking Splitwise since Mar 2021.

• Sessions vs JWTs: you are choosing how often you pay for state

  A JWT is signed, not encrypted. Anyone holding the token can read every claim inside it. jwt.io will do it for you in a browser. - Source: dev.to / 3 months ago

• I built 6 free dev tools to skip the signup walls — here's what I learned

  You know that moment when you just want to decode a JWT, but jwt.io wants you to log in to "save your tokens"? Or when you need a quick curl command and Postman's 200MB Electron app feels like overkill? - Source: dev.to / 6 months ago

• How Broken Access Control Became OWASP's Top Security Risk

  JWT.io documentation emphasizes a common access control failure specific to token-based authentication: accepting role or permission claims from a JWT without verifying the token's signature. Tokens that can be modified by users without... - Source: dev.to / 7 months ago

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