What is smart contract?


Smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.
Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or both. The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting.

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Why auditing smart contract is so important?

A smart contract is "a computerized transaction protocol that executes the terms of a contract". A blockchain-based smart contract is visible to all users of said blockchain. However, this leads to a situation where bugs, including security holes, are visible to all yet may not be quickly fixed. Such an attack, difficult to fix quickly, was successfully executed on The DAO in June 2016, draining US$50 million in Ether while developers attempted to come to a solution that would gain consensus. If your smart contract has security vulnerabilites, it is highly tends to be hacked by a anonymous hacker and lose your cryptocurrency for good. In order to protect your assets, it is really important to audit smart contract and check vulnerabilites before deployed to blockchain main net.

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Features

What we do

Audit

We provide full-audit service for your smart contract. Diagnos vulnerabilites and report weak points in detail. Furthermore we suggest best practices for your business

Build

We build secured smart contract for you. If you have business idea and do not know how to implement a secured smart contract, let us build it for you.

Consult

Not familiar about blockchain technogoy or smart contract? Do not worry. We are here for you.

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