Permission Management

To ensure security, compliance, and transparency in on-chain asset management, the BlockRock platform employs a multi-signature authorization (Multi-Signature) and hierarchical access control framework.

1. Multi-Signature Verification (Multi-Sig)

  • Applicable Scenarios: All high-sensitivity operations, including fund transfers, asset allocation changes, and smart contract upgrades.

  • Execution Process:

    • Critical transactions require multi-party independent authorization (e.g., platform security officers, third-party auditors, user representatives).

    • Operations proceed only after all authorized parties complete signature verification (e.g., 3/5 signature threshold).

  • Advantages: Eliminates single-point failure risks and prevents internal/external malicious tampering.

2. Hierarchical Permission Management

  • Role Definitions:

Role Tier

Multi-Sig Required?

Permission Scope

Example Operations

Super Administrator (Owner)

Yes

Global system configuration

• Upgrade smart contracts, adjust underlying protocols • Set/Modify administrators and operators • Transfer token ownership • Modify reward tokens

Administrator (Admin)

Yes

Fund withdrawals and token minting

• Release subscription cycles • Withdraw invested funds • Mint reward tokens

Operator (Operators)

No

Subscription cycle creation and configuration

• Create new subscription cycles • Configure cycle parameters

Web3 Users (Users)

No

Investment and trading

Subscribe, redeem, query holdings

  • Permission Isolation: Each tier operates independently; cross-tier access is prohibited.

3. Technical Implementation Flowchart

Permission Management

RWA Fund Workflow Example:

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