To those unaware of what Counterparty is, it is a peer-to-peer financial platform built on the Bitcoin blockchain. It has no formal corporate structure, but rather consists of a core team which handles the vast majority of technical and business development. It should be noted that counterparty is not under control of a formal organization or anything of that sort, therefore, achieving true decentralization.
Today, Counterparty has great news for its current and future users. They have added support for multi-signature addresses enabling smart contract capabilities for every transaction. The official press release reads:
“Counterparty, the peer-to-peer, decentralized exchange that gives users the power to create and trade their own tokens for bitcoins and XCP, as well as speculate and hedge against currencies, commodities and virtually anything else, today announced that it now supports 1-of-2, 2-of-2, 1-of-3, 2-of-3 and 3-of-3 multiple-signature addresses, creating smart contracts for every transaction.”
http://www.stumbleupon.com/su/9HPQqD/!K_qFJ+I:Y_IiGELT/cointelegraph.com/news/112346/counterparty-unveils-multi-signature-support