Beosin Has Completed The Security Audit Service Of Oneswap Of Defi Project

BEOSIN
4 min readSep 7, 2020

Recently, Beosin, the industrial leader company dedicated to the construction of Blockchain security ecosystem, announced that it has officially completed the security audit service of Oneswap of Defi project.

UniSwap has attracted the great attention of Blockchain industry recently. Based on different perspectives, Uniswap can be regarded as an Ethereum-based protocol, which aims to realize the automatic exchange of ETH and digital assets of ERC20 token; at the same time, it can also be regarded as a DeFi project, which seeks to use its decentralized protocol to eliminate the middlemen involved in the digital assets transaction process.

However, OneSwap is called the “Upgraded Version Of Uniswap”. On the basis of UniSwap’s automated market making (AMM), OneSwap has comprehensively upgraded the user experience, offered a trading experience equivalent to that of a centralized exchange, adopted the models of pending orders mining, liquidity mining and transaction mining, and also introduced an on-chain order book model, which does not require permission to list tokens and supports automated market making.

Based on the feature, Oneswap of Defi project integrates Uniswap-style automated market making (AMM) model and order book model on the one hand, bringing innovative upgrades to user experience; On the other hand, it redefines DEX in terms on trading experience, and will push the current hot DeFi trend to a new stage of development.

The security audit team of Beosin recently received the security audit application of Oneswap of Defi project. After a rigorous and comprehensive security audit process, OneSwap has obtained the audit result in 3 major items and 21 minor items on Coding Conventions, General Vulnerability and Business Security: Pass.

Given that Oneswap of Defi project has passed all the audit items from the security audit team of Beosin, its overall audit rating is rated as Distinction. Afterwards, Beosin will issue an authoritative security audit report for Oneswap of Defi project. The report has been unanimously recognized by several mainstream exchanges around the world.

In terms of the audit methods of Oneswap of Defi project, Beosin adopts the compound type of audit methods such as Formal Verification, Static Analysis, Typical Case Testing and Manual Review. At the same time, Beosin also specially proposes a number of enhancement suggestions to strengthen the technical framework of Oneswap of Defi project.

As the world’s leading Blockchain security company, since its establishment, Beosin has been committed to the construction of Blockchain security ecosystem, continuously create advanced core technologies of Blockchain security, and safeguard the security of global Blockchain companies. As Defi has increasingly become the popular trend in Blockchain industrial ecosystem, how to better promote and escort the construction of Defi is also the direction that Beosin specializes in.

So far, relying on various products and services of “Beosin One-Stop Blockchain Security Service Platform”, Beosin has already established in-depth cooperation with more than 100 domestic and foreign Blockchain head companies such as CAICT, WeBank, Wanxiang Blockchain, Ant Blockchain, Bubi, YUNPHANT, PwC, etc. In addition, 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 Oneswap

OneSwap is a fully decentralized transaction protocol on smart contract, with permission-free token listing and automated market making (AMM). Known as the “Upgraded Version Of Uniswap”, OneSwap has comprehensively upgraded the user experience based on Uniswap’s AMM, offering a trading experience equivalent to that of a centralized exchange.

OneSwap adopts the pending orders mining, liquidity mining and transaction mining models. It has also introduced an on-chain order book so that users can initiate either Swap orders at the market price or limit orders which enable the buy and sell order at a target price.

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. The core members of Beosin team are composed of professors, post-doctors, and doctors from well-known universities at home and abroad who have been engaged in information security for more than 20 years, and cyber security elites who have worked in well-known enterprises such as Ali, Huawei, and 360. Beosin has received multiple rounds of investment from well-known institutions such as Qianhai FOF, Lenovo VC, Fosun Hi-Tech, Chengdu VC, Surfilter, Milestone VC, Vangoo Capital 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 “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 “Making the Blockchain Ecosystem More Secure” and its vision of “Becoming the World’s First Blockchain Security Company” to continuously create advanced core technologies of Blockchain security and safeguard the security of global Blockchain companies.

OneSwap

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BEOSIN

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