Consensys to Tokenize Smart Contract and Blockchain Audits via TURN Token Launch
The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the 19th, Consensys disclosed a token sale will take place that will feature the company’s TURN token, which stands for “Time-Unit Representative NFTs.” The....
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Security auditing is set to be tokenized by ConsenSys Diligence as TURN tokens are unveiled — creating an open market for the in-demand service. ConsenSys is set to tokenize smart contract and security auditing services through the upcoming auction of eight “timeboxed” TURN tokens.The Ethereum-focused blockchain software company has developed the offering through its smart contract audit service ConsenSys Diligence. TURN, short for Time-Unit Representative NFTs, will create an open marketplace for security auditing services which are in high demand in the burgeoning blockchain and....
What are smart contract audits, how do they work, and how do they benefit the crypto projects who get their code scrutinized? Let's find out. Do smart contract audits improve crypto's image?Blockchain technology is becoming a bigger part of all our lives — and auditors like Hacken are ensuring that crypto projects put their best foot forward.Improving the quality of smart contracts helps reduce those unpleasant headlines about major hacks in the press, and boosts the reputation of crypto projects in the public's eyes.Once an investigation has taken place, Hacken offers labels to ensure....
The Enterprise Ethereum Alliance has published a smart contract security audit specification to ensure consistency when it comes to smart contract security. The Ethereum ecosystem continues to witness a flurry of activity that has individuals and organizations deploying token contracts, adding liquidity to pools and deploying smart contracts to support a wide range of business models. While notable, this growth has also been riddled with security exploits, leaving decentralized finance (DeFi) protocols vulnerable to hacks and scams. For instance, recent findings from crypto intelligence....
In 2021, many smart contract platforms competed for users’ attention and attempted to be the next Ethereum killer. The terms DeFi, GameFi, and NFT, have been all over the media lately, and any of these would not be possible without smart contracts. As more smart contract platforms are introduced, it becomes hard for newcomers to choose which is right for them. This article will examine some of the most popular smart contract platforms and share our hands-on experience with them. Ethereum Token: ETH TPS: 10 Ethereum is the world’s first smart contract platform. Developers create....
“We are revolutionising both finance and recruitment industry,” says Chronobank CEO Sergei Sergienko, speaking to CCN. “We designed a crypto-token that is based on something more valuable than all the world’s gold: people’s time on this planet. It’s a resource that is scarce enough to be valuable, yet abundant enough to be accessible to anyone, especially in the countries and places where nothing else of value exists.” Chronobank, which seeks to tokenize labor with the help of Ethereum blockchain’s smart contract system, believes that recruitment should change from tphone-basedsed service....