Orbit is a newly launched open-source platform designed to tackle the limitations of traditional Web3 governance systems. Built by the DFINITY Foundation on the Internet Computer, it empowers teams to manage digital assets and smart contracts across multiple blockchains with customizable access policies and multi-user governance. The system addresses pain points such as rigid workflows, single-point control risks, and limited cross-chain support, offering a more secure, adaptable framework for collaborative treasury and contract management.
Flexible Policy Engine: Orbit allows teams to define granular access rules and approval workflows, enabling secure execution of asset transactions and smart contract updates through programmable and dynamic governance logic.
Robust Smart Contract Controls: The Orbit Station smart contract acts as the nucleus for managing keys, enforcing governance rules, and safeguarding asset operations with built-in redundancy and disaster recovery protocols.
Strategists must assess the strategic potential of Orbit’s decentralized governance model in modernizing treasury and contract operations. Adoption of Orbit-like frameworks can reduce centralized risk, boost transparency and align products with evolving compliance standards in digital finance.
Read more at: medium.com
2025-03-05