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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Hacken is proud to introduce our new partner – PAID Network, the ecosystem DAPP that is redefining the legal system with the application of decentralized finance. Thereby PAID Network allows projects to eliminate expensive legal burdens. By working with PAID Network projects can identify faster, more transparent, and cheaper alternatives to execute agreements. PAID Network is empowering users to create their own policy.
PAID Network also acts as a launchpad for innovative projects. The company has developed a strong network of partners and investors consisting of such famous brands as Binance, DuckDao, ChainLink, and others.
Under this partnership, PAID Network will recommend Hacken as a reputable cybersecurity auditor for its projects. PAID Network enjoys a strong reputation in the industry and this partnership will allow Hacken to reach a large number of promising projects. At the same time, by applying for security testing services provided by Hacken, the startups that are going to be launched on the PAID launchpad will be able to demonstrate to their users and potential investors that security is their top priority.
Quote from Hacken CEO Dyma Budorin:
“PAID Network delivers highly demanded solutions to the industry. This project is working with a large number of promising initiatives that are interested in estimating the level of their security. By partnering with PAID Network we can add many high-quality projects to our list of customers and promote their successful and secure launches. It’s an example of a mutually beneficial partnership”.
Quote from PAID Network CEO Kyle Chasse:
“At PAID Network, we strongly believe that security should be the top priority for any kind of business, whether they are in the blockchain space or not. This is why this new partnership with Hacken is so important because it will give us and all the projects we work with access to Hacken’s vital security services including blockchain audits, penetration testing, and security assessments. It will also allow PAID and Hacken to work closely together and explore further mutual opportunities.“
Generally, security is becoming a core determinant of projects’ success in the DeFi space.
PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they GetPAID wherever they are in the world.
PAID technology leverages Astar to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.