Multi-Factor Authentication (MFA) Protocol enhances security by requiring multiple forms of verification before granting access to an account. Instead of relying solely on a password, MFA combines something you know (like your password) with other factors.These factors can include something you have, such as a smartphone or hardware token that generates a time-sensitive code. They may also incorporate biometrics, which verify your identity through unique physical traits like fingerprints or facial recognition.Using MFA significantly reduces the risk of unauthorized access. If a password is compromised, the additional layers of security make it much harder for an attacker to gain control of an account. This is particularly important in environments handling valuable assets, where the stakes are high.Overall, employing an MFA Protocol adds essential protection, making accounts more resilient against hacking attempts and fraud. By requiring multiple verifications, users can feel more secure about their holdings and transactions.