Social recovery, that's NEAR Multi-Party Computation #nearprotocol #near
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About this video
Discover how NEAR's multi-party computation network empowers easy control and secure transactions. Explore the possibilities of NEAR smart contracts and social recovery for enhanced user experience. #BlockchainInnovation #NEARNetwork #SecureTransactions #SmartContracts #MultiPartyComputation #UserEmpowerment #TechAdvancements #NextGenBlockchain #DigitalSecurity #cuttingedgetechnology #Chainabstractedpodcast
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Transcript
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In many ways yeah it's like it allows to have a very easy kind of control over this model But then on top we're adding this like kind of we're turning NEAR network into multi-party computation network as well that can sign transactions I mean ideally for any network right including NEAR So you will be able to also like have NEAR smart contracts that can send transactions on behalf of other near accounts and smart contracts For example this is useful for social recovery You can have a smart contract that you as a user say hey I want this smart contract to authorize my recovery And I'll say you know I'll have like this five friends and all of them together authorize it