Amusat Sodiq
2 min readFeb 17, 2022

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PURPOSE OF HASHEX IN THE CRYPTO SPACE

The power of HashEx cannot be over emphasis in the Crypto Space.it’s among the most impactful tech advisories in the Decentralized Finance(DEFI) world.

What’s HashEx?

HashEx is a blockchain security firms offering services such as smart contract audits, blockchain security analysis, penetration testing, formal verification, and security audits.

It’s a Blockchain consulting and development company. ICO consulting. Whitepaper audit. Token smart contract, ICO smart contract, ethereum, blockchain, bitcoin.

HashEx is an R&D company focused on blockchain integration in business processes and cyber security.

Why does Blockchain project need security?

A security audit consists of a systematic analysis of an application, system, or database to evaluate how solid and safe it is

Even though blockchain as a technology is known to be most secure, there have been instances where loopholes and vulnerabilities were discovered — targeting its insecure integrations and interactions with different applications and servers. This makes blockchain security assessment crucial to eliminate such security loopholes and evade vulnerability exposures in the applications.

we’re seeing the rise of Decentralized Finance (DeFi) — a new application of decentralized Blockchain technology that is poised to replace the trillion dollars Global Finance industry.

Why do you need HashEx-security audit?

There are several reasons why you should do a security audit with HashEx.They include these Nine goals:

  1. User Confidence
  2. A security audit brings credibility to the project
  3. Builds customer and investor loyalty,because it Guarantee the investments Safety.
  4. Builds up a positive reputation
  5. Influencers tend to trust more in safe projects
  6. Shows possible attack vectors. Security audit Gives a guide on how to correct the existing mistakes or fix vulnerabilities.
  7. The project would be safe from hacker attacks.
  8. The project would be fully secured from any accidental mistakes.Decreasing the risks of financial losses.
  9. Brand Awareness

Conclusion

Security audits will help protect critical data, identify security loopholes, create new security policies and track the effectiveness of security strategies. Regular audits can help ensure employees stick to security practices and can catch new vulnerabilities.

Security is crucial to any crypto project, especially to a new one. It’s not just a question of prestige, it’s all about providing the best experience to your investors.

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Amusat Sodiq

Serial Investor/Certified Biochemist/Blockchain Enthusiast/Content Creator/Crypto Evangelist/ Ambassador @conservation @cryptExlocker