Smart Contracts

Use cases of smart contracts in DeFi

Top 7 Use Cases of Smart Contracts in DeFi

Read Time: 6 minutes From a similitude of an ICO craze, DeFi has grown to over $200 billion, according to DeFi Llama statistics. It expands to various use cases from collateralized lending and savings, including flash loans, derivatives, stable coins, etc. Smart contracts demystified why DeFi can automate and execute transactions within users in a decentralized manner. It is …

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How businesses can grow using NFTs

4 ways Businesses can use NFTs to drive engagement

Read Time: 7 minutes Of late, with the rapid speed of advancement in technology, NFTs have become a revolutionary trend in the blockchain market. Headlines about NFTs have become commonplace, and it’s clear that this cryptographic asset is here to stay.  In March 2021, the NFT of ‘Everydays: The First 5000 Days’, an artwork by the digital artist Beeple, …

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How to Audit Ethereum smart contract

How Properly Auditing an Ethereum Smart Contract can Save you Millions?

Read Time: 6 minutes A “smart contract” is a set of instructions that run on Ethereum Blockchain. To audit, an ethereum smart contract means to ensure that it is secure from potential threats and common vulnerabilities.  While in the present scenario, the hacks, and exploits related to smart contracts are at an all-time high, it’s a storm to be …

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Top 5 common signals which indicates smart contracts are at Risk

Top 5 common signals which indicates smart contracts are at Risk

Read Time: 7 minutes Imagine if someone is selling a property and a contract that automatically executes all the paperwork and communication between the parties, exchanges the right of possession of the property, and automatically transfers the payments without any delay, and reduces the burden on either party. Let’s talk about the smart contracts and what are the top 5 …

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How long does it take to get smart contracts audited | DeFi

Read Time: 6 minutes Almost half of the smart contracts in the Ethereum ecosystem are unaudited, leading to a growing number of hacks.  Smart contract audit is generally the last step in the journey of a smart contract or for the DeFi application and is often left out. Considering the prominence of smart contracts in the DeFi world or …

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Systematic Fragility

Systematic Fragility in Decentralized Finance

Read Time: 4 minutes With the start of a new decade, a new wave is affecting the global financial system, the wave is of decentralized finance protocols. The ecosystem has already packed a value of $1.2 billion in 2020. Though the platform has a huge and revolutionary potential yet it is in it’s developing phase and is immature and …

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UNBLOCKING LOYALTY PROGRAM WITH BLOCKCHAIN

Read Time: 6 minutes The organisations understand the importance of customer retention and are always working on a system directed towards building customer loyalty. Loyalty programs have been in the industry since the 1700s to today, in early marketing stage American retailers gave their customers copper tokens that could later be redeemed for products on future purchases. Since then …

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Static and Dynamic analysis of smart contracts vulnerabilities

Read Time: 10 minutes Introduction : Smart contracts hold a vital role in the blockchain era, smart contracts have the potential of holding millions of worth assets. Even though smart contract code has gone through multiple audits and testing still the security of smart contracts is questionable? As a responsible security firm, we at QuillAudits has defined some security …

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QuillAudits – Community Audit initiative

Read Time: 4 minutes QuillAudits was launched in mid-2018 with a primary aim to secure the Blockchain ecosystem. Throughout the year, we have secured more than 100 smart contracts. As a gesture to acknowledge the support of the Blockchain community in helping us grow, we are pleased to announce the “Community Audit Initiative”. Following this initiative, QuillAudits team will …

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MaesterProtocol Smart Contracts Audit Report

Read Time: 4 minutes We’ve been asked by the MaesterProtocol team to review and audit their smart contracts. We at QuillAudits are a team of blockchain developers, consultants, and security auditors, trying to build a more secure and safe community in the Blockchain space. QuillAudits, QuillHash Smart Contracts Security Audit platform ensures the reliability of your smart contract by …

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