Case Study: Hacken’s Audit of EBSI Smart Contracts
Hacken performed smart contract audits for the EBSI, contributing to the safety and reliability of digital public services across Europe
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In the modern world of crypto, users are interested in transferring their virtual assets between different blockchains. This allows them to save on gas fees and, thereby, increase profits. The technology enabling secure and fast transfer of tokens between different blockchains is called a bridge.
Allbridge is one of the industry leaders in bridging solutions. As of now, they enable the transfer of virtual assets between different networks such as Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Huobi Eco Chain, and Celo.
In addition to the high speed and low cost of bridge transfer, users are interested in the security of this transaction. Allbridge realizes that any vulnerability in its technologies may lead to a huge loss of assets by its users. According to their latest report, Allbridge transferred over $2.3 bln. Thus, a strong focus is to be made on security.
Hacken team is proud that Allbridge has chosen our company as a security auditor for their bridge. The key reason for the Allbridge management behind the decision to enter into partnership with Hacken has been our strong industry expertise. Partnership with Hacken will elevate Allbridge’s reputation in the eyes of their clients.
Hacken team has extensive experience in fighting against bad actors; ensuring the security of Allbridge will be a great challenge and responsibility for us. Together we will make Allbridge one of the safest and most competitive bridges in the industry.
Bridge solutions are the industry’s future and Hacken makes this future bright and secure.
Allbridge is a simple, modern, and reliable way to transfer assets between different networks. It is a bridge between both EVM and non-EVM compatible blockchains, that aims to cover L2 solutions and NFT transfers in the future.
Allbridge’s mission is to make the blockchain world borderless and provide a tool to freely move assets between various blockchains.