Smart Contract Auditing, the new level of Blockchain security

  • The use of smart contracts has been on the rise given the growth of security tokens and digital assets. Their applicability in almost every conceivable aspect of a business explains why the need for auditing is also on the rise.

    Smart contracts are the crucial piece of any outstanding blockchain business and the computer-based protocol is self-executing, therefore it is vital to find any imperfections before the code launch.

    To mitigate the risks of any hack attack, carrying out a meticulous investigating process in the code to find security flaws and vulnerabilities is the key.

    This unique concern about the vulnerability that comes with Smart Contracts is also a consequence of the DAO attack. The Decentralized Autonomous Organization (DAO) became very famous in 2016 when they created a platform for the development of Smart Contracts.

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