KIOS Smart Contract Passes Audit - PowerPoint PPT Presentation

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KIOS Smart Contract Passes Audit

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The KIOS smart contract was examined by the KnownSec blockchain security team. The KIOS smart contract passed with flying colours as at the time they produced their report, which was then publicised. In the world of smart contracts, audits are becoming more and more crucial. However, not every project is audited, thus auditing is crucial. Here are some further justifications for the necessity of a smart contract audit. – PowerPoint PPT presentation

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Provided by: cyphershield2022
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Title: KIOS Smart Contract Passes Audit


1
KIOS Smart Contract Passes Audit
www.cyphershield.tech/
2
KIOS Smart Contract Passes Audit
  • The KIOS smart contract was examined by the
    KnownSec blockchain security team. The KIOS smart
    contract passed with flying colours as at the
    time they produced their report, which was then
    publicised.
  • In the world of smart contracts, audits are
    becoming more and more crucial. However, not
    every project is audited, thus auditing is
    crucial. Here are some further justifications for
    why a smart contract audit is crucial.

3
Shows the project's dedication to beginning


  • A project designed to defraud would not spend
    money hiring a security research team to examine
    its smart contract.
  • Instead, they would concentrate their efforts on
    finding ways to recruit new members while using
    the fewest amount of resources feasible. Spending
    money on an audit by a project demonstrates their
    commitment to the ultimate product.
  • Gives participants with a chance to study the
    audit
  • Even if a security audit is frequently
    comprehensive, there is always a chance that a
    problem may go unnoticed. Potential participants
    are given the opportunity to independently verify
    the audit by KIOS by releasing an audit report.
    The KIOS team is willing to hear your
    recommendations if you encounter any issues.
  • Together with their team of professionals, they
    will carefully examine the issue and close any
    potential gaps. An audit demonstrates a project's
    openness and willingness to accept correction
    from its users.

4
Makes sure everything works as planned


  • There might not always be any security concerns
    with the smart contract. A project could,
    however, make claims about capabilities that they
    are unable to fulfil. It assists in confirming
    through an audit that all capabilities stated can
    be realised.
  • Before a smart contract is activated, it must
    undergo extensive testing as part of the auditing
    process. To guarantee that the project is
    functional, these tests confirm all features that
    are mentioned in it. If an issue is discovered,
    it may be fixed right away to prevent upsetting
    users with missing functionality.
  • Eliminates errors
  • While certain issues might not be a security
    risk, they might nonetheless cause a smart
    contract to run more slowly than it should.
    Additionally, they could make it challenging to
    interface with some systems. An audit of smart
    contracts makes sure there aren't any flaws that
    might prevent a project from working properly.

5
Summary
  • KIOS commissioned a full audit of its smart
    contract and then published the report. From the
    report, the participants will find that it passed
    the audit successfully. No issues were found and
    participants can rest assured of the security of
    their tokens.
  • The total supply of KIO is 600 million the total
    supply of KIS is 3 billion. Later we will be
    listed on JustSwap as well as other exchanges.
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