Multisig wallets improve security and accountability in digital asset management. They prevent single-party fraud, ensuring that no one individual can unilaterally access funds. In businesses and DeFi protocols, multisig enhances trust by requiring consensus for transactions. Multisig is widely used in decentralized autonomous organizations (DAOs) and crypto exchanges to secure large holdings. It also serves as a safeguard against phishing attacks and key compromises. Use multisig wallets for joint accounts, business funds, or large cryptocurrency holdings to enhance security.