Jax.Network Blog
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Jax.Network Blog

CertiK has conducted a successful audit of our DeFi platform — Jax.Money

by Maryna Trifonova, Head of Content at Jax.Network

We are glad to announce that Jax.Money successfully passed the CertiK security audit. We all have been waiting for this day to come for the past several months. Thanks for your continued support and let’s enjoy the ride!

CertiK is one of the most popular companies in the field of blockchain security. Since 2017, it has been verifying the security and correctness of smart contracts and blockchain-based protocols. The highly experienced team and innovative approach to work allow CertiK to conduct professional and transparent audits and deliver world-class results to their clients. A successful CertiK certification has become a well-known mark of quality in the blockchain industry.

Security is one of the most important things in the operation of any company nowadays, as users want to be sure that their sensitive data is securely protected, not to mention funds. Many DeFi platforms file for an independent audit in order to eliminate the risk of hacker attacks and system failures. We totally understand the need for precautionary measures and want to ensure a high level of security standards for our users, therefore we filed for a security audit with CertiK.

The main purpose of the audit was to discover issues and vulnerabilities in the source code of our DeFi platform called Jax.Money as well as any contract dependencies that were not part of an officially recognized library. A comprehensive security assessment has been performed, utilizing static analysis and manual review techniques.

The security audit has shown that the smart contracts are working well and the DeFi platform is safe to use. In regard to centralization concerns, we want to highlight the fact that we intend to start the contract in an assisted mode where our company holds the owner key and after a few months of smooth operation, we will disown all the privileged roles.

The audit gives us a way to kickstart all our ecosystem products and aggressively capture the stablecoin market share. Please stay tuned in order not to miss out on all the latest updates, especially the launch of Jax.Money!

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LinkedIn: https://www.linkedin.com/company/jax-network/

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