Unlocking powerful secure governance use cases via the Elrond Multisig Contract
All digital systems will rapidly grow to depend on blockchain as a core technology. Immutable records that are instantly auditable, transactions that double as an invoice, a trustworthy and inexpensive pay-per-use system that runs unattended 24/7, are all very compelling.
Elrond Network’s carefully designed features make it a suitable candidate to support a broad range of digital use cases. One important feature is the capability that allows multiple stakeholders to securely agree on decisions via a multi-signature contract.
Multisig accounts are a critical safety feature for all users of the Elrond ecosystem. The new multisig contract sets a high security standard for decentralized applications, stablecoin issuers, and others who will benefit significantly by using it.