Beosin Has Completed The Comprehensive Security Audit Of Neutrino Smart Contract Project

BEOSIN
4 min readApr 14, 2020

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Beosin, the Blockchain industrial leader who is dedicated to the construction of the Blockchain security ecosystem, announced that Neutrino, an algorithmic price-stable cryptocurrency protocol backed by a platform’s native token, has passed the comprehensive security audit of its project’s smart contract.

The security audit team of Beosin received the audit application from Neutrino on Mar. 27th, 2020, and the audit cycle began on Mar. 27th and ended on Apr. 7th, and Beosin conducted the comprehensive audit for Neutrino adopting static analysis, dynamic analysis, typical case testing and manual review.

After the rigorous and comprehensive security audit process of Beosin, the smart contract code of Neutrino has been audited with PASS on various levels including code standard audit, contract function security audit, assets flow security audit, system interface implementation, and business system security. At the same time, Beosin issued an authoritative security audit report for Neutrino in time after the audit completed. The security audit report is approved by many mainstream exchanges around the world, such as OKEx, Huobi, BitMart, MXC.

In the audit process, Beosin noticed that Neutrino is written in the Ride language invented by Waves, and its contract code follows the characteristics and related standards of the Ride language. At the same time, the contract function design of Neutrino conforms to the design document; the operation of the assets and data involved in the function conforms to the logic, and there is no security risk; the interaction between contracts also meets the business needs, and Neutrino has a perfect exception handling and security control mechanism.

The purpose of the security audit is to conduct the multi-dimensional security audit on the code standardization, security and business logic of Neutrino, to discover potential vulnerabilities and risks that may damage the development of Neutrino. The audit results have shown that there are no security risks on smart contract code implementation specifications, secure and reasonable function, and contract business.

As the world’s leading Blockchain security company, the security audit capabilities of Beosin are highly recognized and praised by industry customers and partners. So far, Beosin has provided comprehensive and professional security audit and defense deployment services for more than 1,000 smart contracts at home and abroad.

About Neutrino

Neutrino Protocol is an algorithmic price-stable cryptocurrency protocol that allows for the creation of stable-coins tied to a specific real world asset, such as national currency or commodity, and collateralized by a native token. The first synthetic asset created with Neutrino Protocol is USD Neutrino (USDN). Neutrino is currently in public beta.

About Beosin

Beosin, also known as Chengdu LianAn Technology Co., Ltd., the world’s leading Blockchain security company, established in March 2018, is committed to the ecological construction of Blockchain security, and the headquarter of Beosin is in Chengdu. Beosin has received multiple rounds of investment from well-known institutions such as Qianhai FOF, Lenovo VC, Fosun Hi-Tech, Chengdu VC, and Fenbushi Capital.

Taking the 4 major technologies of Network Security, Formal Verification, Artificial Intelligence and Big Data Analysis as the core, company has created the “Beosin One-Stop Blockchain Security Service Platform” for the entire ecological security of Blockchain field. “Beosin One-Stop Blockchain Security Service Platform” contains 4 core security products and 8 star security services, providing Blockchain enterprises with comprehensive security services and supports such as Security Audit, Virtual Assets Traceability, AML(Anti-Money Laundering System), Security Protection, Threat Intelligence, Security Consulting and Emergency, to realize the full-life cycle security solution “R&D→Operation→Supervision” of Blockchain system. Beosin has applied for 15 software invention patents and copyrights.

Beosin takes the mission of “Making the Blockchain Ecosystem More Secure” and its vision of “Becoming the World’s First Blockchain Security Company” to continuously create advanced and core technologies of Blockchain security and safeguard the security of global Blockchain companies.

Neutrino Protocol x Beosin (Chengdu LianAn Tech)

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BEOSIN
BEOSIN

Written by BEOSIN

Blockchian Security · IDE · Beosin-VaaS · Formal Verification · SAS | China leading enterprise in blockchain security field

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