Money and crime have always gone hand in hand. The digital world is no different. Since the advent of blockchain technology, money in the digital world has been at risk at all times. In such a scenario, keeping your Smart Contract, the first line of security in ICO, at risk puts at stake an asset of yours that’s bigger than the money - Your Reputation. Save yourself the embarrassment, and get your Ethereum Smart Contract audited with Certbar.
A Smart Contract is originally a computer code that is built on top of blockchain. The smart contract is made up of a set of rules with the If-This-Then-That structure. Here when the involved parties meet the rules set, the smart contract is implicitly enforced without any manual intervention.
According to Wikipedia, Ethereum is an open source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. The smart contracts, when once deployed onto the Ethereum platform, are immutable. The security of these contracts thus holds utmost importance.
The audit process for a smart contract is similar to the process by which we audit an application source code - A comprehensive investigation of the code to look for security flaws and vulnerabilities, and the best ways to mitigate them.