Post
Topic
Board Bitcoin Technical Support
Re: Avoiding One Person in Control of Company [btc] Wallet's Password?
by
CruzCoins
on 08/03/2014, 21:38:41 UTC
Suppose I am working with a company that wants to accept Bitcoin for international trades.

The company, for security reasons, would not want a single one of its employees to have access to the company BTC wallet's password. Any transaction would have to meet the approval of more than one employee.

Is this possible already? If not, how could it be implemented with public-key cryptography?

thanks
Maybe you would be looking for a threshold scheme. http://en.wikipedia.org/wiki/Secret_sharing