Recently, Beosin, the world’s leading Blockchain security company, officially announced that it has completed the security audit service for ORBITS FINANCE, the low slippage convertor for stable coins based on HECO.
After receiving the security audit application of ORBITS FINANCE, the security audit team of Beosin carried out strict and professional security auditing on Coding Convention, Security and Business Logic of the project, and issued an authoritative security audit report for ORBITS FINANCE to prove that there is no security risk in the design and implementation of contract code.
In terms of auditing methods, the security audit team of Beosin adopts a “Composite” method, including Formal Verification, Static Analysis, Typical Case Testing and Manual Review. It is worth mentioning that, as the first company to apply Formal Verification Technology to the field of Blockchain security, Beosin-VaaS independently developed by Beosin can accurately and automatically locate code vulnerabilities, with a detection accuracy of up to 97%.
So far, relying on 4 core products and 8 star services of “Beosin One-Stop Blockchain Security Service Platform”, Beosin has provided security audit and defense deployment services for over 1,000 smart contracts, over 50 Blockchain platforms and application systems, and nearly 100 digital financial companies around the world.
About ORBITS FINANCE
When users exchange stable coins on Orbits, they can enjoy very low service charge and slippage, and reduce transaction cost through Stable Swap AMM algorithm.
When liquidity-providers provide liquidity to Orbits, Orbits will aggregate the existing loan agreement and income aggregation agreement to improve the utilization of funds, so as to obtain the highest return without risk.
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.
Taking the 4 major technologies of Network Security, Formal Verification, Artificial Intelligence and Big Data Analysis as the core, company has created “Beosin One-Stop Blockchain Security Service Platform” for the entire ecological security of Blockchain, 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 Security Emergency, to realize the full-life cycle security solution “R&D→Operation→Supervision” for Blockchain system.
Beosin takes the mission of “Securing Your Blockchain Ecosystem” and the vision of “Becoming the World’s First Blockchain Security Company” to continuously create Blockchain security supervision technologies & security guarantee systems, and safeguard the developments of Blockchain ecosystem’s security.