Signal
Multi-Party Authorization
Multiple Approvals RequiredRequire multiple approvers for high-value transactions. Prevent unauthorized transfers, enforce corporate approval policies on-chain, and maintain clear audit trails.
Coinbax Controls Used
This concept leverages the following programmable controls to create a secure, compliant payment flow.
Multi-Sig Auth 1
Multi-Party AuthFirst authorized signer confirms
Multi-Sig Auth 2
Multi-Party AuthSecond authorized signer confirms
Approval Gate
Multi-Party AuthQuorum: require all signers before release
Use Case Example
Scenario
Corporate Treasury Dual-Control Disbursement
- 01
The Challenge
A manufacturing company requires CFO and Controller approval for any payment over $100,000. Manual email chains and phone calls create 2-3 day delays on urgent vendor payments.
- 02
The Solution
This template enforces dual-signature requirements on-chain. Both executives receive mobile notifications, approve with biometric authentication, and the payment releases instantly once both signatures are collected.
- 03
The Result
Approval time reduced from 3 days to 4 hours, audit trail automated
Ideal for
For payments no single person should be able to release
Corporate Payments
Enforce dual control and segregation of duties for corporate disbursements, vendor payments, and intercompany transfers.
Treasury Operations
Secure treasury workflows with multi-level approvals for large transfers, investments, and liquidity management.
High-Value Transfers
Add extra protection for high-value transactions with tiered approval thresholds based on amount.
Institutional Clients
Meet fiduciary requirements for institutional investors, funds, and asset managers with documented approval chains.