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Security Smart contract audit

Smart contracts are agreements that are digital and also completely immune to manipulation. These digital contracts are preferred by many businesses that want to make agreements securely. Blockchain App Factory conducts security smart contract audit to ensure that your smart contracts are tamper-free. <br>

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Security Smart contract audit

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  1. SMART CONTRACT • Computer code which facilitate the exchange of money,content ,property etc. • Acts as a Self-operating computer program that automatically executes when specific conditions are met. • Allow performance of credible transactions without third parties

  2. PROBLEMS WITH SMART CONTRACTS Legal Issues- Smart contracts can be executed without a physical meeting,the potential for fraud or misrepresentation is high Enforceability- Nodes in different geographies may face problems in enforcing the transactions due to varied regulations. Hack Attacks-Smart contract code is written by humans that is vulnerable to hack attacks, security breaches.

  3. TYPES OF SMART CONTRACT ATTACKS Race Conditions- occurs when system behaves in a manner that are not intended Reentrancy- Problem with the smart contract code where some functions are called repeatedly before the first function invocation is completed Cross-function Race conditions- It’s a condition where two functions in the code sharing the same state, with the same solutions Front Running- allows one user to benefit from a manipulated transaction at the expense of other user.

  4. SMART CONTRACT AUDIT • Investigating code to find security flaws and vulnerabilities before the code is publicly deployed. • Removing the need for a middleman in the transactions • Imposes set of rules on all parties involved. • Makes sure contract is performing as expected, prevents security breaches and hack attacks

  5. SMART CONTRACT AUDIT SERVICES ICO Smart Contract Audit- Eliminates the problems with hard cap and soft cap in raising tokens. STO Smart Contract Audit- Solves compliance issues, regulations for different Jurisdictions Smart contract security Audit- Make sure contract is performing as expected, prevents security breach,hack attacks.

  6. STEPS IN SMART CONTRACT AUDIT Contact & Quote Customer sends us the code and requirements. We share our quote for approval 05 Publish After verifying the secondary audit results, the code gets published 01 04 Fixes & Secondary audit We fix the required changes and do secondary audit Audit After getting approved, we audit the smart contract using specific tools 02 03 Report After auditing the smart contract, a report is sent to the client about the solutions and Improvements

  7. SMART CONTRACT AUDIT FOR INDUSTRIES • Supply chain • Artificial Intelligence • Internet of Things • FinTech • Real Estate • Voting • Betting

  8. CONTACT +1(323) 522-4739 info@blockchainappfactory.com

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