A security standard is a documented set of rules, guidelines, or specifications designed to ensure the protection of information, systems, and assets from threats. These standards prescribe best practices for secure design, implementation, and operation. In the digital asset space, they apply to smart contract development, custodial services, and blockchain protocol design. Adherence helps mitigate risks like hacking, fraud, and data breaches.
Context
Security standards are continuously evolving in the digital asset industry, with news often reporting on new certifications, audits, and best practice recommendations. The adoption of robust security standards is crucial for building trust in cryptocurrency platforms and protecting user funds. Industry bodies and regulatory authorities are working to develop comprehensive standards that address the unique security challenges of blockchain technology.
A new formal verification framework proposes three universal properties—Validity, Liquidity, and Fidelity—to establish a generalized security standard, preempting common exploits and foundational flaws across all smart contract architectures.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
