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Tokenization & Smart Contracts

Smart contract security: a few fundamentals

Smart contracts are hard to change once deployed, so security starts at design time.

The Arman Afzar team2 min read

A smart contract is code that runs on a blockchain and is hard to change once deployed — so mistakes can be costly.

The fundamentals

Fundamentals: least privilege, well-reviewed libraries, thorough edge-case testing, multi-signature control for sensitive operations, and events for monitoring.

After deployment

After deployment, transaction monitoring and an incident response plan are part of security, not separate from it.

Related articles

  1. 01On-chain audit trails: reconciliation without the manual huntWhen several parties record the same transaction, mismatched records are inevitable. What a shared on-chain ledger changes.
  2. 02Milestone payments with smart contracts in multi-party dealsWhen payment depends on a milestone, a smart contract can reduce disputes about “when and how much”.
  3. 03Tokenized loyalty points: from forgotten points to a usable assetA customer club only works if points get spent. What tokenizing points adds — and what it risks.

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