Michelson Smart Contract Audit

Get seamless security against hacking and exploitation with the industry’s first and only AI-powered company, thanks to Hackdra’s Michelson smart contract audit.

Benefit from the Campaign

Why Michelson Smart Contract Audit

Build trust and minimize risks with Michelson smart contract auditing

The audit of Michelson smart contracts is the expert analysis of every line of code that identifies errors in the smart contract and provides solutions. This is an important process that ensures the security of a blockchain project as much as possible. To ensure that contracts function as intended, we combine expert manual review of Michelson smart contract code with our advanced artificial intelligence technology and mathematical techniques. Our industry-leading audit methodology, experience, and proprietary tools enhance the functionality of your program with a mathematical approach to guarantee that it operates as intended. Projects that have completed the audit earn a place in the Hackdra Web3 Security Scoreboard. This is a strong indication to the entire Web3 community of a project’s commitment to security.

Michelson Smart Contract Audit with Artificial Intelligence

Avoid costly errors

Critical security vulnerabilities may put your project’s existence at risk. The biggest hacks are mostly caused attributable to code security flaws.

Optimize your code

Get advice from the best Michelson smart contract audit firm to optimize your code. Apart from security flaws, our specialists detect bugs affecting product logic.

Increase audience trust

Michelson Smart contract code auditing builds trust without being subject to the question “Is this project a safe choice?” Incident rate among projects audited by Hackdra is less than 1%.

Security Is Not Left To Chance

Michelson Smart contract audit is a necessity for security

Michelson Smart contract auditing is of vital importance for security. It detects errors, addresses security vulnerabilities, and ensures business continuity. While blockchains are inherently secure, the growth of the cryptocurrency ecosystem, the use of browsers like TOR, the complexity of ransomware groups, and the strengthening of cybercrime pose significant risks.

$6B total value lost to hacker attacks, $3.23B in 2022

Code exploits and flash loans behind more 50% of exploits

Triple damage: financial loss + token price drop + lost trust

Secure Blockchain Projects

What projects need a Michelson smart contract audit?

Michelson Smart contract audits are crucial for blockchain projects. These audits are necessary to ensure the security and robustness of the project. Michelson Smart contracts can lead to serious damages due to coding errors or security vulnerabilities. Therefore, any blockchain project, especially high-risk projects such as cryptocurrencies, decentralized finance projects, cryptocurrency exchanges, critical Michelson smart contracts used in financial systems, and blockchain-based gaming projects, should undergo Michelson smart contract audits. These audits help gain the trust of investors and users and are critical for the long-term success of your project.

Cryptocurrencies and Token Sales (ICOs)

Cryptocurrencies and token sales involve large amounts of funding from investors and the security of these projects is crucial. The accuracy and security of Michelson smart contracts are vital for the success of investors and the project.

Decentralized Finance (DeFi) Projects

DeFi projects involve the decentralized execution of financial transactions and direct control of funds by users. Therefore, the security and accuracy of Michelson smart contracts are critically important for the success of DeFi projects and the safety of users.

Cryptocurrency Exchanges and Trading Platforms

Cryptocurrency exchanges and trading platforms facilitate large-scale cryptocurrency transactions and aim to safeguard users’ assets. The audit of Michelson smart contracts is vital to protect users’ assets and ensure the platform’s security.

Critical Michelson Smart Contracts Used in Financial Systems

Unlike traditional financial systems, the security and accuracy of Michelson smart contracts used in blockchain-based financial systems are of critical importance due to the execution of multimillion-dollar transactions.

Blockchain-Based Gaming Projects

Blockchain-based gaming projects, particularly those involving in-game economies and digital asset exchange, require secure Michelson smart contracts. The accuracy and security of Michelson smart contracts are crucial for the success of players and projects.

Other Blockchain-Based Applications Using Michelson Smart Contracts

The diversity of blockchain-based applications is increasing every day. The security and accuracy of these applications are critically important for the safety of users and the success of projects.

Take Control of Risks

Secure Your Future

Audit Your Michelson Smart Contracts

Prioritize Your Security!

Smart Audit for a Secure Future

When does a project need a Michelson smart contract audit?

Michelson Smart contract audit is crucial for the success and reliability of a project. Especially before an ICO, token sale, or significant listing, it is essential for the smart contract to be secure and transparent due to the contributions of investors. This ensures the protection of investors’ funds and enhances their confidence. Additionally, conducting an audit when significant changes are made to the smart contract or as part of a status check supports the long-term success of the project. This ensures that the contract meets necessary security standards and increases the confidence of investors and stakeholders. For these reasons, Michelson smart contract audit is critical for the success, reliability, and long-term sustainability of a project.

Before an ICO, token sale, or significant listing

Due to the contributions of investors, it is crucial for the smart contract to be secure and transparent. This protects investors’ funds and increases their confidence.

When significant changes are made to the smart contract

To ensure that changes do not create any security vulnerabilities or issues that could affect the functionality of the contract, an audit may be necessary. This supports the long-term success of the project.

As part of a status check

Michelson Smart contract audit during the purchase or investment process is necessary to ensure that the contract meets necessary security standards, increasing the confidence of investors and stakeholders.

Regulatory compliance

Some regulatory bodies may require Michelson smart contract audits to ensure compliance with local laws and regulations. This reduces legal risks and ensures the long-term sustainability of the project.

In response to security concerns or vulnerabilities

When security flaws or vulnerabilities are discovered, identifying audit issues and enhancing the security of the contract is necessary. This preserves the project’s reputation and increases its reliability.

Safeguard Your Success

Benefits of Michelson smart contract auditing by Hackdra

Michelson Smart contract auditing, together with the service offered by Hackdra, offers significant benefits to ensure the integrity and security of your project, minimizing risks and maximizing success.

Enhanced Security

Hackdra’s Michelson smart contract audit ensures the integrity and security of your project by helping to detect and remediate weaknesses. This protects your assets and reputation by reducing the risk of breaches or contract failures.

Trust and Reputation

With transparent and comprehensive audit processes, Hackdra builds trust and enhances the reputation of your project. Demonstrating a commitment to transparency, security, and best practices will attract more participants and investors.

Regulatory Compliance

Hackdra ensures that your Michelson smart contracts comply with relevant legislation and industry standards. This helps you meet regulatory requirements and minimize the risk of non-compliance, penalties, and legal disputes.

Expertise and Experience

Hackdra brings a team of specialized auditors, ethical hackers, and cybersecurity experts with deep knowledge and experience in Michelson smart contract auditing. Their expertise uncovers potential risks and offers valuable insights into security and functionality.

Timely and Efficient Process

Hackdra follows a smart and efficient process to conduct Michelson smart contract audits without unnecessary delays. This allows you to quickly address detected issues and launch your project with confidence.

Transparent Pricing

Hackdra adopts a pricing policy that is fair and understandable to customers. This ensures that you get customized solutions without hidden costs or surprises.

Ongoing Support

Hackdra provides ongoing support and guidance even after the audit is complete. They help implement recommended security measures, stay up-to-date with emerging threats, and ensure the long-term security of your Michelson smart contracts.

Customized Solutions

Hackdra understands that every project is unique and may have specific requirements. They offer customized Michelson smart contract auditing solutions that fit the needs of your projects. This personalized approach ensures a more effective and efficient audit and allows you to thoroughly assess and protect the security of your project.

How Does It Work?

Michelson Smart Contract Audit Process

Every Michelson smart contract audit involves comprehensive manual review by our team of experienced security experts. Automated AI-powered review provides an additional layer of security. Formal verification is an optional further step that certifies smart contract behavior with respect to custom function specifications. This helps developers get a handle on the entire scope of their platform.

Requirements Gathering

Initially, we work closely with you to understand the goals, functions, and specific requirements of the smart contract. This helps us determine the scope of the audit, prepare our proposal, and fully comprehend your expectations.

Code Review

Our audit team conducts a thorough examination of the smart contract’s source code. We analyze the code’s structure, logic, and implementation details. During this stage, we pay special attention to identifying potential vulnerabilities, weaknesses, errors, and security risks. Our objective is to provide you with recommendations to enhance the security of the smart contract.

Security Assessment

As Hackdra, we perform a comprehensive security assessment of the smart contract. We identify potential attack vectors, conduct resistance analysis against security threats, and evaluate compliance with security standards. This stage enables us to provide you with a complete understanding of the smart contract’s security.

Functional Testing

We conduct tests to ensure that the smart contract functions according to the defined requirements and interacts correctly with other systems or contracts. This stage is crucial to verify that the smart contract operates as expected.

Risk Analysis

We analyze and prioritize the identified vulnerabilities and risks. We evaluate the impact and likelihood of potential risks and provide you with recommendations to mitigate these risks. Our aim is to strategically approach the enhancement of the smart contract’s security.

Reporting

At the conclusion of the audit process, we provide you with a detailed audit report. The report includes the identified vulnerabilities, risks, and recommended solutions. Supported by graphs, tables, and explanatory texts, the report offers a clear understanding of the smart contract’s security status. It assists you in taking concrete steps to improve the security of the smart contract.

Remediation and Follow-up

After receiving our audit report, we address the identified issues and implement the recommended security measures. As Hackdra, we work with you to manage this remediation process. Additionally, as a provider of audit services, we offer guidance and support during this stage. Furthermore, we serve as a reference point for potential investors or users, enhancing your project’s credibility.

Certification and Publication on OZNET

As Hackdra, we provide a certification that verifies the security of the smart contract. This certification demonstrates that the smart contract has been audited by Hackdra and complies with security standards. Moreover, we can publish your audit results on trusted platforms like OZNET. This enhances the credibility of your project and serves as a reference point for potential investors or users.

UlgenAI Empowered Methodology

Technicial Specifications

Hackdra Michelson Smart contract audits are accepted by renowned exchanges, explorers, and launchpads. It follows a Michelson smart contract code review and analysis methodology empowered with UlgenAI, the industry-recognized dynamic artificial intelligence. This methodology adopts an eight-step approach for the most critical part – code review and analysis.

The contract undergoes a thorough evaluation to ensure its readiness for audit, while identifying areas for improvement.

The structure and purpose of the code are understood, requirements are reviewed, and a high-level description is obtained.

Code is statically analyzed and vulnerabilities are checked with the best tools.

The flow of funds and data is visualized, data manipulations and access breaches are investigated.

A comprehensive parallel examination of the entire source code and logic is conducted using the advanced UlgenAI.

Each line of code is manually examined in depth, issues are recorded, and the code's compliance is checked.

All performance and functionality tests are conducted using scenarios specifically created for platforms.

Findings are reviewed, a report is prepared, and quality control is performed.

Hackdra’s Michelson smart contract audit is highly effective as it combines the expertise of our auditors with artificial intelligence to detect hidden weaknesses. We encourage our clients to review our methodology and discuss any concerns and suggestions before the audit. This allows us to deliver a high-quality audit that ensures security and reliability, taking into account the specific needs and requirements of our clients. At Hackdra, we strive to provide our clients with complete assurance in the security and reliability of their Michelson smart contracts.

Dedicated teams for languages

We Audit Smart Contracts On The Following Blockchains

Reduce Risks Increase Trust

What does a Michelson smart contract audit report include?

Michelson Smart Contract Code Review and Security Analysis Report

Detailed classification of identified security vulnerabilities according to their importance levels,

Step-by-step recommendations on how to resolve security vulnerabilities,

Suggestions for performance improvement for future development potential,

Scoring of documentation quality, code quality, architectural quality, and security elements.

Audit Examples Methodology Empowered With UlgenAI

FAQ

Ask Us a Question

If you have any questions about Michelson Smart Contract Audit, please first check the FAQ section. If you still can’t find an answer, feel free to contact us or ask your question quickly. We are happy to assist you.

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Michelson Smart contracts are contracts that are created and executed using blockchain technology, and they operate automatically based on predefined conditions. These contracts are written using a specialized programming language that runs on blockchain networks and are deployed through smart contract platforms on the blockchain.

Unlike traditional contracts, Michelson smart contracts are automatically executed and their outcomes are recorded on the blockchain when the conditions are met. This ensures reliability, transparency, and security. Michelson Smart contracts are commonly used in financial transactions, real estate transactions, insurance policies, supply chain management, and many other fields.

Key features of Michelson smart contracts include automatic execution, security, transparency, and decentralized structure. These features enable the widespread use of Michelson smart contracts in various industries and business processes.

“Michelson Smart contract audit” refers to a process that examines the code, functionality, and security of a smart contract. This process aims to identify software bugs, security vulnerabilities, and compliance issues within the smart contract. The audit is important to ensure that the smart contract operates correctly, enhance its security, and ensure compliance with legal requirements. It typically involves code review, security testing, compliance assessment, and performance testing. This process is crucial for understanding the security and effectiveness of a smart contract, taking necessary steps, and ensuring the security of clients.

Michelson Smart contract audit is important for several reasons:

Ensuring Security: Michelson Smart contract audit enhances the security of the contract by identifying software bugs, security vulnerabilities, and weaknesses, providing protection against malicious attacks and ensuring the security of funds.
Improving Performance: The audit process determines necessary improvements to enhance the performance of the smart contract by testing its transaction speed, efficiency, and scalability.
Ensuring Compliance: Michelson Smart contract audit evaluates the contract’s compliance with relevant regulations, standards, or specific requirements, ensuring adherence to legal requirements and helping prevent legal issues.
Building Customer Trust: Michelson Smart contract audit instills confidence in customers regarding the security and effectiveness of Michelson smart contracts, increasing customer satisfaction and providing a trustworthy environment.

For these reasons, Michelson smart contract audit is important for ensuring the security, improving the performance, ensuring compliance, and gaining customer trust in Michelson smart contracts.

Michelson Smart contracts’ security risks may include:

Coding Errors: Software errors in Michelson smart contracts can lead to unexpected outcomes, potentially resulting in fund loss or undesired contract behavior.
Security Vulnerabilities: Security vulnerabilities in Michelson smart contracts can expose them to malicious attacks, leading to fund theft or unauthorized contract alterations.
DDoS Attacks: Distributed Denial of Service (DDoS) attacks can render Michelson smart contracts nonfunctional by overwhelming their network traffic.
Compliance Risks: Non-compliance of Michelson smart contracts with relevant regulations or standards can lead to legal issues.

It is essential to be aware of these risks and to implement a careful security strategy and regular audits to ensure the security of Michelson smart contracts.

The duration of the Michelson smart contract audit and its steps can vary depending on the size and complexity of the project, but it generally consists of the following steps:

Requirements Determination: First, we work closely with you to understand the project’s objectives, functions, and specific requirements. This helps us determine the scope of the audit, prepare our proposal, and fully understand your expectations.
Code Review: Our audit team thoroughly examines the source code of the smart contract. We analyze the structure, logic, and implementation details of the code, placing special emphasis on identifying potential weaknesses, errors, and security risks.
Security Assessment: We conduct a comprehensive security assessment of the smart contract. This involves identifying potential attack vectors, conducting resistance analysis against security threats, and evaluating compliance with security standards.
Functional Testing: We perform tests to verify that the smart contract operates according to the defined requirements and interacts correctly with other systems or contracts.
Risk Analysis: We analyze and prioritize identified weaknesses and risks. We evaluate the impact and likelihood of potential risks and provide recommendations to mitigate these risks.
Reporting: At the end of the audit process, we provide you with a detailed audit report. The report includes identified weaknesses, risks, and recommended solutions. Supported by graphs, tables, and explanatory texts, the report provides a clear understanding of the security status of the smart contract.
Correction and Follow-Up: Upon receiving our audit report, we address the identified issues and implement the recommended security measures. Throughout this process, we work with you, providing guidance and support.
Certification and Publication on OZNET: We provide a certificate verifying the security of the smart contract. Additionally, we can publish your audit results on reliable platforms such as OZNET.

The completion time of the audit process generally depends on the complexity of the project. However, the audit duration is usually determined before the process begins, so that the customer knows the expected delivery date. Completing these steps is an important part of enhancing the security of the smart contract and increasing the reliability of your project.

The average cost of a Michelson smart contract audit typically ranges from $5,000 to $20,000 USD. The cost and duration of a Michelson smart contract audit can vary based on a number of factors, including the complexity and size of the smart contract, the scope of the audit process, the client’s timeline, expertise requirements, and consulting services. After reviewing your code, Hackdra will share approximate figures with you to protect you from unexpected and additional charges.

Audit fees are often determined by a variety of factors. These factors include the complexity, size and scope of the audit process, the level of expertise required, and the urgency of the project. Additionally, the customer’s specific needs and requests may also affect pricing.

We aim to work closely with our customers to provide solutions specific to their needs. By providing clear pricing information in the preliminary meeting, we ensure that our customers do not encounter additional or surprise fees.

The report presented at the end of the audit includes a comprehensive assessment with the following details typically included:

General Evaluation: A summary of the overall performance and security of the smart contract is provided.
Review Findings: The examined aspects, functionality, security, and performance of the smart contract are discussed in detail.
Identified Risks: Potential security vulnerabilities, faulty coding, or other risky areas are identified.
Improvement Recommendations: Steps and suggestions for enhancing the security and effectiveness of the smart contract are presented.
Compliance Assessment: The compliance of the smart contract with relevant regulations, standards, or specific requirements is evaluated.
Additional Information: In cases where deemed necessary, additional information, graphs, tables, or other supporting materials are included in the report.

We take care to ensure that our reports are comprehensive and understandable to ensure the satisfaction and understanding of our clients regarding the security and effectiveness of their Michelson smart contracts.

During the Michelson smart contract audit process, we typically utilize the following security protocols and standards:

OWASP Standards: We assess the security of Michelson smart contracts using security standards and best practices defined by OWASP (Open Web Application Security Project).
ERC Standards: The ERC (Ethereum Request for Comments) standards of Ethereum are important references during the development and audit of Michelson smart contracts.
Smart Contract Security Alliance (SCSA): We adhere to the smart contract security standards and best practices set by SCSA.
ISO/IEC Standards: International standards such as ISO/IEC 27001 and ISO/IEC 27002 are some of the standards we reference when evaluating the security of Michelson smart contracts.

These standards and protocols form the fundamental reference points we use to assess the security and compliance of Michelson smart contracts. Additionally, we continuously consider the latest security protocols and standards by keeping up with the current developments in the industry.

We provide the following support to address any issues that may arise as a result of the audit:

Consultancy Services: Based on the audit results, we offer consultancy services to enhance the security and improve the performance of Michelson smart contracts. These services aim to provide tailored solutions to address the specific challenges faced by our clients.
Technical Support: We offer technical support for resolving technical issues related to Michelson smart contracts and managing the improvement processes. This support aims to ensure the smooth operation of our clients’ Michelson smart contracts.
Training and Information: We provide training and information to our clients on the security and performance of Michelson smart contracts based on the audit results. This helps empower our clients’ internal teams.
Ongoing Support: Based on the audit results, we offer continuous support and consultancy services to help our clients continuously monitor the security and effectiveness of their Michelson smart contracts.

Through these forms of support, we assist our clients in resolving any issues that may arise based on the audit results and in enhancing the security of their Michelson smart contracts. We aim to prioritize customer satisfaction and success, and we strive to provide long-term collaboration and support.

We provide expertise in identifying and mitigating the following types of risks during the Michelson smart contract auditing process:

Security Risks: We specialize in ensuring the security of Michelson smart contracts by identifying potential attack vectors and providing recommendations to address security vulnerabilities.
Functionality Risks: We identify functionality risks to ensure that Michelson smart contracts operate as intended and offer solutions to mitigate these risks.
Compliance Risks: We provide expertise in compliance with relevant regulations, standards, and specific requirements, identifying compliance risks associated with Michelson smart contracts and offering recommendations to ensure compliance.
Performance Risks: We identify risks that could impact the performance of Michelson smart contracts and provide recommendations to enhance performance.
Coding Errors: We identify coding errors in Michelson smart contracts and provide expertise in rectifying these errors.

Our expertise in identifying and mitigating these risks helps our clients enhance the security and effectiveness of their Michelson smart contracts. We aim to minimize risks by offering customized solutions tailored to our clients’ specific needs.

During the audit process, we provide the following types of consulting services:

Security Consulting: By offering security consulting services for Michelson smart contracts, we support clients in identifying potential risks and enhancing security measures.
Performance Consulting: We provide consulting services to improve the performance of Michelson smart contracts, guiding clients on enhancing efficiency and scalability.
Compliance Consulting: We offer consulting services to ensure compliance with relevant regulations and standards, assisting clients in determining and improving the compliance level of Michelson smart contracts.
Strategic Consulting: Through strategic consulting services for the overall management of Michelson smart contracts, we guide clients in reaching the long-term goals of their Michelson smart contracts.

These consulting services are tailored to meet our clients’ needs for the security, performance, compliance, and overall strategic management of Michelson smart contracts. Each consulting service is customized and implemented according to our clients’ specific requirements and objectives, aiming to assist our clients in effectively managing and enhancing their Michelson smart contracts.

Our privacy policies are meticulously crafted to ensure the confidentiality and security of customer information. We adopt a transparent and robust approach to privacy and security, based on the following principles:

Information Security: We utilize industry-standard security protocols and technologies to ensure the security of customer information, protecting it from unauthorized access, alteration, or disclosure risks.
Privacy Commitment: We uphold the highest level of commitment to keeping customer information confidential. We only share this information with individuals necessary for the auditing process and do not disclose it to third parties.
Data Protection: We take necessary measures to lawfully protect and process customer information in compliance with data protection standards and regulations.
Transparency: By sharing our privacy policies and practices with our customers, we embrace a transparent approach. We provide the necessary information to ensure that our customers are well-informed and feel secure about their privacy.

Through these privacy policies, we aim to uphold the highest level of confidentiality and security for customer information, ultimately fostering customer satisfaction and trust.

We offer various options for reporting formats and data analysis methods. When presenting audit results to our clients, we use the following formats and methods:

Reporting Formats: We typically provide detailed and comprehensive audit reports using PDF, Word, or other document formats. These reports include identified weaknesses, risks, and recommended solutions. Additionally, they may be supported with graphics, tables, and visuals to clearly illustrate the security status of the smart contract.
Data Analysis Methods: We evaluate the performance, security, and compliance of Michelson smart contracts using various data analysis methods. These methods include manual review, automated analysis tools, and security testing. Through these methods, the security status and performance of the smart contract can be thoroughly analyzed.

By offering customized reporting formats and data analysis methods tailored to our clients’ needs, we aim to present audit results in a clear and effective manner. Furthermore, we focus on continuously improving our reporting formats and data analysis methods by taking our clients’ feedback into account. This allows us to provide our clients with the best audit reports and to thoroughly evaluate the security of their Michelson smart contracts.

We specialize in identifying various errors encountered by Michelson smart contracts. Some common smart contract errors may include:

Security Vulnerabilities: Errors that jeopardize the security of Michelson smart contracts, such as unauthorized access, lack of identity verification, or weak security measures.
Logical Errors: Errors in the logical functions of Michelson smart contracts, such as identifying conditions unsuitable for unexpected situations or logical errors that may lead to unexpected outcomes.
Performance Errors: Errors that affect the performance of Michelson smart contracts, such as disruptions in transaction processes or efficiency deficiencies.
Compliance Errors: Errors arising from Michelson smart contracts not being compliant with relevant regulations or standards.
Coding Errors: Errors in the coding processes of Michelson smart contracts, such as syntax errors, incorrect variable assignments, or data type mismatches.

We aim to enhance the security, performance, and compliance of Michelson smart contracts by using various audit and testing methods to identify and rectify these types of errors.

Hackdra Smart Contract Security Testing covers the following types:

Weakness Analysis: These are analyses conducted to identify the weak points of Michelson smart contracts. These tests are used to detect and address potential security vulnerabilities.
Attack Testing: These are attack tests conducted to assess the resilience of Michelson smart contracts. They are used to determine how resistant Michelson smart contracts are to attacks.
Code Review: This involves a detailed examination and analysis of the code of Michelson smart contracts. These tests are used to identify potential security vulnerabilities and errors.
Compliance Testing: These tests are conducted to assess the compliance of Michelson smart contracts with relevant regulations, standards, and specific requirements. They are used to determine the level of compliance of Michelson smart contracts.
Performance Testing: These tests are conducted to assess the performance of Michelson smart contracts. They are used to determine the transaction speed, efficiency, and scalability of Michelson smart contracts.

These types of tests are used to evaluate the security, compliance, and performance of Michelson smart contracts. Each test type is important in ensuring and improving the security of Michelson smart contracts from different aspects.

Yes, the documents we provide as a result of the audit are prepared in accordance with international standards. Compliance with international standards is an important factor considered in the preparation of audit reports, documents, and data. Therefore, our documents containing audit results are prepared and presented in accordance with international standards and best practices.

For example, the preparation of our audit reports takes into account compliance with international information security standards such as ISO/IEC 27001. Additionally, our documents are generally presented in internationally accepted formats and are prepared in accordance with these standards to ensure our clients have access to internationally recognized documents.

As a result, our clients have internationally valid and recognized documents, which they can share with international stakeholders. Compliance with international standards is an integral part of our audit process and is rigorously applied to provide our clients with reliability and validity at an international level.

Web3 projects are projects that aim to develop decentralized applications and work on blockchain technology. These projects have several reasons for preferring Michelson smart contracts:

Decentralized Structure: Michelson Smart contracts have a decentralized structure and operate on blockchain networks, allowing Web3 projects to develop decentralized applications.
Security: Michelson Smart contracts operate in a secure environment, leveraging the security and transparency of the blockchain, providing a reliable infrastructure for Web3 projects.
Automatic Execution: Michelson Smart contracts operate automatically when specific conditions are met, enabling Web3 projects to automate certain processes.
Transparency: Michelson Smart contracts transparently record transactions on the blockchain, providing a transparent transaction environment for Web3 projects.

For these reasons, Web3 projects often prefer Michelson smart contracts. Michelson Smart contracts work in a way that aligns with the needs of Web3 projects, offering features such as decentralized structure, security, automatic execution, and transparency.

Yes, as Hackdra, we have extensive experience in numerous projects. As a team specialized in Michelson smart contract auditing, with expertise in languages, platforms, and security vulnerabilities, we have worked on various projects for companies from different industries and of different scales. This experience enables us to provide customized solutions tailored to our clients’ needs. We understand that each project has unique requirements and, thanks to our wide-ranging experience, we are constantly prepared to provide the best service to our clients.

Active participation by the client is crucial during the Michelson smart contract audit process. The client’s active involvement helps us in the following ways:

Understanding and Needs Identification: Active participation by the client is important for us to understand their expectations and requirements. This helps us determine the scope and focus of the audit process.
Providing Data: The client providing necessary data related to the smart contract enables the effective execution of the audit process.
Improvement Processes: Client involvement in proposed improvements and corrective actions based on audit results is essential for enhancing the security of the smart contract.

The client’s active participation ensures the successful completion of the audit process and enhances client satisfaction. Therefore, we encourage close collaboration with our clients to promote their active participation in the audit process.

After passing a Michelson smart contract audit, a company can obtain various benefits, including:

Security: Michelson Smart contract audit helps protect assets and reputation by ensuring the integrity and security of the project, identifying and addressing weaknesses, and reducing the risk of data breaches or contract failures, thereby enhancing the company’s security.
Trust and Reputation: Transparent and comprehensive audit processes increase the company’s trust and strengthen its reputation. Demonstrating transparency, security, and commitment to best practices can attract more participants and investors.
Regulatory Compliance: Ensuring that Michelson smart contracts comply with relevant legal regulations and industry standards helps meet regulatory requirements and minimizes the risk of non-compliance, penalties, and legal disputes.
Expertise and Experience: A service like Hackdra brings together a team of expert auditors, ethical hackers, and security professionals specialized in Michelson smart contract audit. This expertise uncovers potential risks and provides valuable insights into security and functionality.
Timely and Efficient Process: Hackdra follows a smart and efficient process to conduct Michelson smart contract audits without unnecessary delays. This allows you to address identified issues quickly and launch your project with confidence.
Transparent Pricing: Hackdra adopts a fair and transparent pricing policy for its customers. This enables you to obtain customized solutions without hidden costs or surprises.
Ongoing Support: Hackdra provides continuous support and guidance even after the audit is completed. It assists you in implementing recommended security measures, staying updated on emerging threats, and ensuring the long-term security of your Michelson smart contracts.
Customized Solutions: Hackdra understands that each project is unique and may have specific requirements. Therefore, it offers customized Michelson smart contract audit solutions tailored to the needs of your projects. This personalized approach provides a more effective and efficient audit, allowing for a comprehensive evaluation of your project’s security.

Michelson Smart contract audit is a critical component for any blockchain project, ensuring that the smart contract is secure, reliable, and compliant with industry standards. Hackdra is a company comprised of highly skilled and experienced ethical hackers and expert auditors with a deep understanding of programming languages, blockchain technology, cryptography, and security principles for over 9 years. This experience and expertise enable us to identify potential security vulnerabilities in Michelson smart contracts and provide actionable recommendations to address these vulnerabilities. Additionally, Hackdra has conducted Michelson smart contract audits for various clients, including startups, businesses, and government institutions. This broad spectrum of experience allows us to understand the unique needs and challenges of different industries and tailor our services to meet these needs. By prioritizing the security and success of our clients, we strive to minimize potential risks in Michelson smart contracts.