Audit Smart Contract Smart contracts guarantee total automation, decentralization, and increased transparency of many online processes. But, there is a need to ensure the security of smart contracts too. Smart Contract is a blockchain-based protocol built to facilitate transactions and enforce agreements, removing the need for a middleman. Just like any other contract, a digital smart contract imposes a set of rules on all the parties involved. Once they agree on the clauses and all the requirements are met, the digital contract executes itself.
Why Audit your Smart Contract? Hackers can pull digital currencies too. Ether wallets from the Ethereum network got stolen too. Such hacks create significant implications for the cryptocurrency world. To iron out the kinks, smart contracts need to be audited too. Not all smart contracts are as “smart� as we think they are. Security is a critical issue in the case of smart contracts. Recent hacks of smart contracts escalated the matter. An audit from trustful third party is the most ingenuous way to identify bugs, vulnerabilities and security flaws in smart contracts which might have remained unnoticed at production level and if your smart contract is ready to deploy this will be the last chance to save your project from becoming another victim of crypto hacks because of irreversible nature of smart contracts.
How to Audit a Smart Contract: Smart contracts are already being used to facilitate a huge range of agreements that include ICOs, electoral voting, and supply chain management, to name but a few. Given that organizations like the