Controllers

Controller is an entity that manages access rights to assets, allowing you to restrict who can buy, sell, or trade them. Controllers can only be created by the asset issuer and have different statuses:

• Active — the controller is recorded on the blockchain and ready to use.

• Updating — the controller is in the process of being written to the blockchain.

• Draft — the controller is created in the system but not yet recorded on the blockchain (the transaction needs to be signed).

Controllers provide flexible access management and let you safely delegate rights to other users.