Franklin Integration with GnosisSafe

Apr 12, 2023

When we first started coding Franklin, we knew multi-sig support would be a critical feature of our application. In fact, many of our crypto-native competitors base their entire payments products around UI wrappers of Gnosis Safes. Doing everything through a multi-sig wallet is standard operating procedure for web3, but it also comes with the limitation where everything has to be a multi-sig transaction. To make our product flexible and frictionless for larger companies, where roles are more siloed, we wanted to separate the multi-sig flow for treasury management, a highly sensitive operation, from day-to-day payroll and workforce management.

Technically integrating Gnosis Safe’s products into our app was greatly simplified with the help of the safe-eth-py package, and we’re grateful for the work the Gnosis Safe team has done to build out such great tooling.

In practice, this means that we support multi-sigs, but not every flow in our app requires a multi-sig transaction. Multi-sigs are responsible for depositing and withdrawing funds from an organization’s smart contract treasury, while payroll administrators can still run payroll and manage their workforce with a single signer flow. This is a standard that exists in TradFi but has been missing from crypto and enables us to be able to support a different target market than exclusively web3 startups.

If you’re an organization with a Gnosis Safe treasury it's now easier than ever to use Franklin to manage your payroll needs in a tax-compliant way. Hit us up at hellofranklin.co.

  • "We've been using Franklin for over a year and it is the easiest way to manage global crypto payments."

    Zeng Jiajun

    Co-Founder

  • "I wholeheartedly recommend Franklin—a startup that's doing an excellent job tackling global payment challenges in crypto and fiat. Their outstanding support, quick responses, and genuine commitment to problem-solving, make them an invaluable partner in making our payroll processes smoother."

    Sarah Luehrs

    Head of Operations

  • "Franklin provides an excellent solution to a crypto payroll service. It's versatility, coupled with excellent support and intuitive platform design makes it a great choice for businesses looking to incorporate cryptocurrencies into their payroll processes - would highly recommend!"

    Lindsey McConaghy

    Founder

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Incubated by Serotonin, a product studio and marketing firm for transformative technologies.

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© Franklin Systems Inc. 2024

Incubated by Serotonin, a product studio and marketing firm for transformative technologies.

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Powered by Alchemy

© Franklin Systems Inc. 2024