Define: Smart contract?
A smart contract is a computer program or a transaction protocol which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement. The objectives of smart contracts are the reduction of need in trusted intermediators, arbitrations and enforcement costs, fraud losses, as well as the reduction of malicious and accidental exceptions.
Top Smart Contract Security Companies and Solutions
This article showcases Threat.Technology’s top picks for the best Smart Contract Security solutions. We selected these companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
We are pioneers. We give confidence & digital power to growing SMEs.
We build a reliable business community. We transform non-digital, external business activities into digital, automated internal processes.
We build trust between companies with information, valid contracts and risk mitigation. We reduce paperwork.
#insurance #escrow #smart-contract #legally-binding #customer-identification #eIDAS #psd2. .
BitCAD is a unified operating system for management, design and analysis of business based on the blockchain. Powerfull security level: – Biometric authentication – SecureCall Technology http://securecall.me Smart Contract & DAO’s constructor.
Multistakeholder model. Multicurrency ready.
Dispute resolution system. Smart oracles.
Decentralized Trade Engine Tectum.. .
The SmartAxiom Fortress platform provides comprehensive IoT security from sensor edge to client cloud for a true end-to-end solution. Fortress is built upon a comprehensive and multi-chain blockchain design pattern.
Fortress has been specifically tailored to the security accuracy and performance of the global IoT: foundational hardware based cryptography, integrated device and system event distributed ledgers, autonomous smart contract performance and microtransaction capabilities fully synchronized with system real time. The Fortress platform facilitates transaction processing and coordination among different interacting parties in any IoT system.
Fortress enforces IoT system data accuracy and operational requirements while fully catering to the four major security areas, authentication, authorization, encryption, and compliance. Our Purpose Via SmartAxiom Fortress Key Benefits • Available: Decentralized and Distributed ledgers mean no single point of failure • Scalable: Distributed ledgers enable keyless, peer-based authentication, reducing cloud traffic and eliminating certificate management overhead • Secure: Distributed ledgers and Multichain Architecture protect against unauthorized devices, malicious packets, weak encryption and man-in-the-middle attacks.
• Unimpeachable Data integrity: Smart contracts enable permissioned access to permanent, time-stamped event records • Private: mechanisms to facilitate, verify and enforce agreements or permissions. .
OpenZeppelin builds developer tools and performs security audits for distributed systems that power multimillion-dollar economies. At OpenZeppelin, we have built the world’s leading Open Source library for smart contract development.
OpenZeppelin Contracts powers over 3,000 public projects, with over 7,000 stars on Github and maintained by a community of 180+ contributors. We also conduct security audits for the Ethereum Foundation, Coinbase, and other leading organizations in the space.
With the success of our product, our security audits work, and our educational efforts, we have set industry standards for building secure systems in a fast-growing industry. We are now excited to offer a development platform that will help the growing number of developers working on top of decentralized protocols build the applications that will reach mass adoption..
ERO radically changes todays centralized way of online betting. The token and its smart contract allow decentralized peer-to-peer online betting in any field.
HEROcoin (an ERC20 token) is designed so that any provider can integrate the token on their platform and any participant can create its own (closed) contests. All transactions are transparent and the smart contract automatically performs actions such as pay-outs to guarantee a trustless ecosystem..
Honeycomb is an API marketplace that connects smart contracts to external data inputs from premier data providers. Smart contracts can query APIs on Honeycomb via decentralized chainlink oracles, enabling the contract to execute in a reliable, end-to-end secure manner on networks like Ethereum, Bitcoin, and Hyperledger.
Honeycomb reduces the amount of time smart contract developers spend searching for viable data sources, and increase the amount of time they spend building smart contracts. Honeycomb is headquartered in Munich, Germany..
TabooKey has invented a non-custodial smart contract technology that keeps your digital assets secure even when your private key is compromised. Their solution allows end-to-end security of digital assets to scale with the value of secured assets, so that it is as strong as needed to protect against the relevant threats.
They attack-proof digital assets in a way that doesn’t require customers to have any security expertise. TabooKey’s team of top Israeli cyber security experts that deeply understand blockchain.
They realized that a new approach is needed after running into the limitations of existing approaches while designing the security for a digital asset custodian. They are bringing to the space guaranteed levels of security previously available only to cyber security experts outside of blockchain..
Sether is the new smart contract developer tool to use the power of social media. The main objective of SETHER is to bring the full potential of social networks to smart contract developers.
Smart contracts will be able to use Sether APIs to query, analyze, monitor and interact with social networks.. .
Safebit is a multi-chain wallet applications platform and collaboration network for organizations and users to manage all of crypto assets develop and use a set of crypto apps and services and start a smart-contract based collaborations with anyone, anywhere in the world. The company’s multi-chain and user-friendly wallet will allow users to safely own, use, and store any popular cryptocurrency by delivering a new standard for a secure wallet application that also supports any popular hardware or software wallets around today.
It will allow developers to take advantage of blockchain technologies without developing wallets and identity tools. Applications like exchanges, wallets, games, accounting and tax tools, DAO management, and others will allow the crypto economy to grow.
Safebit was founded on 2018 and is headquartered in Tel Aviv, Israel.. .
MythX is a security analysis SaaS platform for Ethereum smart contracts; developed at ConsenSys. MythX scans for security vulnerabilities in Ethereum and other EVM-based blockchain smart contracts.
It provides a comprehensive range of analysis techniques accessible through tools developers already use and directly through a powerful API. The MythX suite of industry-leading analysis techniques—including static analysis, dynamic analysis, and symbolic execution—accurately detects security vulnerabilities and provides an in-depth analysis report.
With a vibrant ecosystem of world-class integration partners that amplify developer productivity, MythX can be utilized in all phases of the smart contract development lifecycle.. .
Bit Technology Co., Ltd. Beijing people enjoy (PeerSafe) was established in July 2014, is a professional distributed network protocol based research and development, product sales, technical services high-tech Internet companies.
Zhongguancun high-tech enterprises, the Chinese Society password, China OSS Promotion Union membership. The company has offices in Singapore, Hong Kong, Shanghai, Shenzhen and other domestic and foreign regions.
With the block chain technology and network computing platform sand, from the access security, communications security, storage security, transaction security build four dimensions to the center of the network security system, a unique content-addressable and P2P communications technology to provide efficient centralized network services, and public trust through transparent data storage block chain technology and smart contract applications, providing secure and efficient authentication, information sharing, asset management products, to maximize the protection of individual and business users’ data secure.. .
Our company offers both low-level and high-level code analysis services. The company offers a wide spectrum of services for analysis of programs at any presentation level from executable files to source code in high-level languages.
Most of the companies use software developed by other companies. If they have no source code they have to use the software as a “black box”.
Looking inside “black box” is a very complicated problem. However, constantly growing requirements for solving these kinds of problems is involved by uncertainty, which is inadmissible at some cases.
For example, critical company’s software may contain potential threat due to malware, errors, or undocumented features. Besides, the core algorithms for decision support systems may work incorrectly in particular situations and may be in need of further adaptation and fixing.
Moreover, modules that are available as “black box” only cannot be plugged into consolidating systems such as monitoring or decision support systems. We will help you to look inside the “black box” and to adapt it, if it is necessary by using our code analyzing methods.
Not only do we check a program code for software security requirements, but we perform all the works on code analysis using decompilation techniques and our tools.. .
Armors Labs is a blockchain security laboratory that extends from smart contract eco-platform to the overall blockchain security. The company is focused on using the Haskell language to create a set of smart contract development frameworks that delivers a complete visual authoring environment and a comprehensive writing specification for the underlying blockchain to call directly.
It provides a smart contract monitoring service, real-time analysis of contract events, problem detection, and alerts. The company also offers systematic technical support tools like contract upgrades and cross-chain migrations when project parties need to upgrade contracts..
Cyberclew is a cybersecurity channel company with most of the revenue, which comes from local Partners, and a goal to help Partners become better Security Advisors. We deliver a full cycle presale support starting form understanding the Customer challenges and assembling the commercial proposal to the penetration test execution and final report preparation.
With a wide range of security assessment types (including but not limited to: Web and Mobile Penetration Testing, Wireless and Network Penetration Testing, Infrastructure and Databases Security assessments, Smart Contract reviews, Red Teaming and Babysitting, Social Engineering and Source Code Security Analysis, etc.) we are able to fulfil even the most complicated inquiries, which we receive from Partners and Customers.. .
This article was written by Benjamin Skute from Threat.Technology. The editor for this article was Tess Page. If your company is featured in this article and you want to have amendments made please contact us on: [email protected].
Alternatively you may write to us at: Threat.Technology/Fupping Ltd, First Floor, 61-63 Rochester Pl, London NW1 9JU.