Most of the ICOs and newly generated crypto currencies are failing to understand that they need to protect all the stakeholders in the crypto domain. Their focus is to generate and collect wealth. They give no importance to protect all the relevant stakeholders. They completely ignore Holistic Approach to Information Security.
Quantstamp's, on the other-hand, is recognizing these major issues and focusing on Securing Ethereum Smart Contracts. They are considering all the stakeholders in the Ethereum echo system.
Quantstamp - Securing Ethereum Smart Contracts
https://quantstamp.com/
Quantstamp's is considering fundamental principles, such as, Security by Design, Privacy by Default, Secure Software Development practices, Source Code Auditing, Vulnerability Scanning and testing before release to production.
The fundamental and sound principles of Information Security in the ICO echo system should consider all the aspects; including but not limited to:
- People (Awareness, Culture, Ethics)
- Processes (including Governance, Audit & Fraud Detection, Data Breach Notification process)
- Technology (including Vulnerability Scanning, OWASP, Pen Testing, Fraud Detection, Forensics)
- Environment
- Legislation (including Compliance, EU GDPR, EU-US Privacy Shield)
- Geo-Politics, Organization, etc.
Quantstamp - Securing Smart Contracts
Quantstamp's https://quantstamp.com/ is going to ensure reliability of Ethereum based Smart Contracts. They will make Auditing and **Compliance **aspects simple and easy to implement to ensure that vulnerabilities in the Ethereum echo system can be detected and re-mediated.
I am optimistic and have full confidence on Quantstamp. I am it's strong supporter and community member and would like to see Ethereum to succeed in mass market adaption.
"Our vision for auditing is simple: More Automation, Higher Security and Lower Cost".
By: Richard Ma, Quantstamp Co-founder
Note: Quantstamp already has around 2500+ members in the telegram group. Here is the content and material produced by them about them project:
Websites: https://quantstamp.com/
Github: https://github.com/quantstamp
WhitePaper: https://docsend.com/view/shcsmhe
Source: the-water-drops
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