Overview

The Fireblocks Governance and Policy Engine is a workflow authorization solution designed to automate governance policies for user roles, transaction rules, and approval workflows within digital asset operations. By replacing manual, in-person approvals with automated processes, it enhances security, streamlines operations, and allows for customization to align with specific business processes. This ensures that any transfer or operation is executed only after the required approvals are obtained, thereby protecting digital assets against insider threats and external attacks.

Features and Capabilities

• User Role Configuration: Define and manage user roles to ensure appropriate access and control within the digital asset management system.
• Transaction Policies: Set specific transaction policies for every wallet, user, and transaction type to ensure that transfers and operations are executed only with the necessary approvals.
• Approval Workflows: Automate authorization workflows to eliminate manual and in-person approvals, allowing transaction approvals directly from the Fireblocks mobile app or via API for high-volume operations.
• Scalable Governance: Easily create, approve, and edit policy rules to support expanding teams, with the ability to define the quorum of admins required to authorize any changes to policy rules.
• Integrated Compliance: Automate transaction screening workflows by integrating compliance partners directly into the Policy Engine, enabling automated screening policies based on risk profiles that can flag or freeze transactions involving addresses associated with risky or criminal activity.
• 24/7 Policy Management: Enforce and manage governance for remote and global teams at any time, ensuring continuous oversight and control.
• API Integration: Accelerate workflows by integrating with the Fireblocks API, facilitating easy automation of workflow authorization at scale.
• Transaction Authorization History: Gain visibility into transaction authorization history with detailed auditing of every policy approval and rejection.
• Comprehensive Operation Policies: Configure policies for various digital asset operations, including connected exchange accounts, fiat accounts, DeFi protocols, Web3 dApps, token minting, and more.
• Smart Contract Access Control: Protect smart contracts deployed from Fireblocks wallets with policy rules that control user access and contract operations.
• Secure Policy Rules: Store and run the Policy Engine in a secure enclave to prevent external attackers and malicious insiders from modifying policy rules.