🫂Family / Group Wallet

Overview

The Family/Group Wallet enables multiple users—such as families, teams, or communities—to manage shared digital assets with customizable access roles and enhanced transparency. It supports collaborative fund management while ensuring that sensitive actions require proper approval.

Core Capabilities

• Role-Based Access: Assign roles like Viewer, Approver, or Manager to each wallet participant.

• Joint Control: Configure rule-based transaction approvals to reduce unauthorized access.

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🔧 Technical Design

The Family/Group Wallet integrates:

• Multi-signature coordination, requiring user-defined quorum approvals for executing critical transactions.

• Role-based access control at the application layer, mapping user permissions to operations like transfers, approvals, and configuration.

Transaction validation is enforced through backend logic, ensuring only authorized and approved actions proceed.

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✅ Key Features

• 📜 Transaction History Logs – View complete logs of wallet activity.

• 🔔 Activity Notifications – Real-time alerts for transaction requests and changes.

• ⏳ Access Time Limits – Configure temporal access for rotating participants (e.g., limited-time wallet managers).

This design ensures secure, decentralized multi-user coordination without compromising on flexibility or usability—ideal for collaborative asset management in the Tychi ecosystem.