xSafe pioneers digital asset management on the MultiversX platform. It's your go-to platform for securely handling and organizing your digital assets. Whether you're a seasoned investor or just starting, xSafe offers a user-friendly experience, ensuring your digital assets are managed with ease on the MultiversX blockchain. Welcome to xSafe, the first of its kind in the world of digital asset management within the MultiversX ecosystem.
xSafe is a web interface for the Multisig Smart Contract developed by the MultiversX team, that requires a minimum number of people to approve a transaction before it can occur (M-of-N). If for example you have 3 main stakeholders in your business, you are able to set up the wallet to require approval from 2 out of 3 (2/3) or all 3 people before the transaction is sent. This assures that no single person could compromise the funds.
On top of that, xSafe gives you complete self custody over your funds. There is no risk of a bank giving you a hassle for running a crypto business and the smart contract that is deployed is completely trustless and in your control.