Generally id have a 'savings' wallet somewhere far away under lock and key.
then a liquid wallet, likely a wallet website or if you trust your sysadmins, a local server.
then below that, individual wallets for different parts of your organization.. recieving, payments and so forth...
then an interface to an address tied to a individual employee who has permissions. as state, php or something, request a billing address from recieving wallet, and its provided, associated with that employee.
for payments perhaps a transfer request, then authorized by a higher up.
For non automated systems never have less than 2 people's signature on a payout.. that way you wont have a single person who can do something stupid or criminal.
Topic: Large Roadblock to Bitcoin being accepted by Large companies - page 2. (Read 3977 times)
use a php front-end to bitcoind.
This is essentially the same thing as the online wallet service idea, but could be done with less regulation. Instead of a banking services script, you would have an accounting script. You could have a super secure server hosting the accounting script, and your only point of weakness would be IT. That is always a weakness, though...
I think all of these problems could be solved with a Bitcoin bank, or maybe even just an online wallet service. Remember, Bitcoin is just like cash. No company would let its accountants alone in a room with all of the company cash, and so too no company will let its accountants have access to the primary wallets of the company.
use a php front-end to bitcoind.
Don't have all of your bitcoins in one wallet, for example.
I run a company of a little over 30 people. We recently have stated accepting bitcoin as payment and ran into our first security issue recently.
It then occurred to me how incredibly difficult it will be for companies to manage their bitcoins.
With bitcoins, it just takes one honest mistake, or one dishonest action by any single person in the accounting department who has access to the bitcoin wallet to lose all of the bitcoins. Many companies need hundreds of thousands or millions of dollars in checking accounts to take care of ongoing company expenses.
What steps can companies take to prevent one employee from transferring all of the money away?
What steps can be taken to prevent an accountant at Microsoft for example, from stealing $100M worth of bitcoins in one shot?
Please give me your thoughts on security measures that companies will need to take to prevent the theft of all of their bitcoins.
Having the owner handle every single transaction personally is not practical for organizations of any size.
In order for bitcoin to become mainstream, these problems will need to be solved.
It then occurred to me how incredibly difficult it will be for companies to manage their bitcoins.
With bitcoins, it just takes one honest mistake, or one dishonest action by any single person in the accounting department who has access to the bitcoin wallet to lose all of the bitcoins. Many companies need hundreds of thousands or millions of dollars in checking accounts to take care of ongoing company expenses.
What steps can companies take to prevent one employee from transferring all of the money away?
What steps can be taken to prevent an accountant at Microsoft for example, from stealing $100M worth of bitcoins in one shot?
Please give me your thoughts on security measures that companies will need to take to prevent the theft of all of their bitcoins.
Having the owner handle every single transaction personally is not practical for organizations of any size.
In order for bitcoin to become mainstream, these problems will need to be solved.
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