Beosin Has Completed The Security Audit Service Of Totem Chain

BEOSIN
4 min readNov 3, 2020

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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 Totem Chain; And the Totem Chain Token of this project also passed three items of multi-dimensional security audit service from Beosin:

l Coding Standards

l Security

l Business Logic

With the trend of Blockchain technology empowering typical applications of financial industry, it has brought a wave of enthusiasm to cryptocurrency market, and has also triggered a real sense of thinking about “decentralization” in the traditional financial system.

It is true that compared to traditional Internet technology, Blockchain technology undoubtedly has significant advantages such as strong security, high transparency, and privacy protection. In addition, as Blockchain economic effects continue to ferment, the various ecosystems of Blockchain are gradually growing and improving. But returning to rationality, the current Blockchain still faces many pain points. Among them, whether Blockchain projects are sufficiently standardized and secure in the underlying technical framework is the focus of our special attention as a Blockchain security company.

Therefore, in order to secure the environment of Blockchain ecosystem more secure and stable, Beosin strongly recommends that all project parties, before deploying and launching projects, remember to find a third-party security company to carry out related security audit services, to prevent any risks and take precautions.

The security audit team of Beosin received the security audit application of Totem Chain, asking Beosin to carry out a comprehensive security audit of its Totem Chain Token. And Beosin conducted the rigorous and professional security audit process on 3 major items and 21 minor items such as:

l Coding Conventions Auditing

l General Vulnerability Auditing

l Business Auditing

During the audit process, Beosin adopted these auditing methods such as:

l Formal Verification

l Static Analysis

l Dynamic Analysis

l Typical Case Testing

l Manual Review

Beosin also provided specific security recommendations for each audit item. After auditing, Totem Chain passed all inspection items, and the audit result was Pass; all problems found during the audit process have been notified to the project party and have been repaired.

The aim of the security audit service was to ensure that Totem Chain has no security risks in the design and coding implementation, and could be used for subsequent project deployment. At the same time, Beosin would issue an authoritative security audit report for Totem Chain, which was unanimously recognized by plenty of mainstream exchanges around the world.

As the world’s leading Blockchain security company, in terms of security audit service, Beosin has been widely praised by customers and partners in the industry, and has provided comprehensive and professional security audit and defense deployment services for plenty of Blockchain projects at home and abroad.

So far, based on “6 Core Security Products” and “8 Star Security 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.

About Totem Chain

Totem Chain has a multi-chain architecture supporting various assets. It is made of the Standard Chain, Business Chain, and EthBridge. Standard Chain, which is the essence of Totem. Business Chain, meets specific financial business demands of various kinds. EthBridge, which allows Totem to be sliced to connect and communicate with external networks such as Ethereum and Bitcoin.

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.

Totem Official

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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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