Quantstamp and Modular Inc. Kick Off Smart Contract Security Alliance to Bring Security Standards to the Blockchain Industry

The goals of the Smart Contract Security Alliance are to:

We invite other members of the industry to join us on this journey to improve the security of the blockchain industry.

“Developing a set of common standards for smart contract security audits will increase the level of professionalism in the auditing industry while allowing customers to have a better understanding of what they are buying,” said Richard Ma, CEO of Quantstamp. “We believe the standardization of security evaluations will facilitate compatibility, accountability, interoperability, research, and credibility for all industry participants.”

“By working with Quantstamp to form this alliance, we aim to push the level of smart contract security forward, increasing consumer confidence in blockchain technology,” said Christopher Brown, CEO of Modular. “Companies who join our alliance will not only have a voice in developing standards that will shape the face of blockchain technology and applications for years to come, but will also benefit from joining a group at the forefront of smart contract security auditing research and best practices.”

Security challenges are a major roadblock on the path to mainstream adoption of blockchain technology. By forming the Smart Contract Security Alliance with Modular, and in collaboration with the ETHSecurity Community, Quantstamp aims to encourage the growth of a healthy blockchain ecosystem and the proliferation of secure blockchain applications.

“Standards will benefit companies, developers, and auditors across the board, giving everyone a common platform, language, and language around security,” noted Robbie Bent, co-organizer of ETHSecurity.

We invite security companies interested in pushing forward the standard of blockchain technology to join the Smart Contract Security Alliance and meet regularly with us to discuss the future of blockchain security. If you’re a smart contract developer or company using blockchain technology, we also welcome your input.

hello@smartcontractsecurityalliance.com

Related posts:

This article will contain links, resources and ideas for homeschooling families to save money, go on adventures and learning resources. If you have some that you love and want to share, send me the…

A diet of high fibre foods is essential in maintaining our overall health. It combats disease and illness in our bodies and can help weight loss and weight management by keeping us feeling full…

A friend of mine once told me a story of the time he first had his lungs x-rayed. The doctor came back to him with a grim face and launched into a lecture about how he really ought to stop smoking…