“Many think it’s the future of bitcoin, and for a good reason.  In short, multisignature transactions are unique in that they allow for more than one private key to control a wallet address. At present, most users deal with one public address, and one public.  The issue with that is that it becomes incredibly easy to lose access to funds should the private key become compromised.  BitPay’s Bitcore team recently announced that a multisignature wallet, dubbed Cosign, was in development. It’s since been re-named to Copay, and all six of the software’s developers have come together in Tucuman, Argentina to create a prototype.”

http://newsbtc.com/2014/04/18/bitpays-copay-team-broadcasts-first-bip32-p2sh-multisig-transaction-argentina/

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