Role-Based Access Control (RBAC) is a method for managing permissions within cryptocurrency platforms. It assigns access rights based on user roles rather than individual identities.In this system, users are grouped into roles that come with specific permissions. For example, a developer may have different access rights than a regular user. These roles dictate what actions individuals can perform, such as viewing balances, making transactions, or deploying smart contracts.RBAC enhances security and efficiency. By defining clear roles, it reduces the risk of unauthorized access. Organizations can manage user permissions more easily, making sure that only the right individuals can execute sensitive actions.This structured approach helps in compliance with regulations, as it provides a clear audit trail of who can do what. Overall, RBAC simplifies access management while promoting security and operational effectiveness.