Blockmarket Security Audit Results and Next Steps

BlockchainFoundry
2 min readAug 21, 2017

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The security audit for our new Blockmarket Desktop Wallet is complete. There were no issues in the core wallet and only four low/moderate risk issues were discovered in Blockmarket Desktop, none of which resulted in loss of user funds.

Securing Blockmarket Desktop

Although these findings are low risk, we are dedicated to providing users with the utmost security and confidence in the products Blockchain Foundry produces. As such as will be remediating all discovered issues. We do not anticipate that the remediation steps will take long. Following the remediation phase Digital Boundary Group will perform and provide a remediation report to confirm the vulnerabilities they discovered are fixed.

This level of security diligence and transparency is something all investors should expect of companies operating in the Fintech/Cryptocurrency space. Insecure product implementations can directly lead to loss of funds. Having this implementation audited and throughly verified by a third party expert in IT security confirms that Blockchain Foundry’s products are safe and secure.

The findings in the report being “low risk” is great news as it means that the Blockmarket Desktop html-core, which also serves as the core for the Blockmarket Web is secure and will need minimal additional security work to prepare Blockmarket Web for production release soon after Blockmarket Desktop.

Read the entire report here:

Digital Boundary Group — Blockmarket Security audit results

The changes to Blockmarket are already underway and will be completed within the week. After a final round of internal testing in conjunction with marketing planning for the final release we will be able to share a hard and final release date for Blockmarket Desktop 1.0 next week!

Blockmarket has been the primary public focus in regards to Syscoin for the past few months but we’ve been working on additional Syscoin projects in parallel with Blockmarket. We’ll be sharing a bit more info on those initiatives next week via an updated roadmap.

Join us on our Slack Channel or our Telegram Channel for more information. Get an automatic invitation to our Slack Channel here: join.syscoin.org

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