Quantstamp provides security for the “ephemeral” economic system ETHDenv

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SAN FRANCISCO, February 7, 2019 / PRNewswire / – Quantstamp , specializing in blockchain security, helped MakerDAO, Austin Griffith and Brian Ethier to conduct an audit of the token buffiDai, which will be used during the conference ETHDenver 2019 . BuffiDai is an experimental cryptocurrency developed as a locale that is at the heart of the ETHDenver economy and provides seamless interaction experience for event participants. Token serves as an experienced payment tool to optimize future practical scenarios. Hackathon ETHDenver will be held February 15-17 in Denver (Colorado). The goal of the event is to motivate the Ethereum development community to share their knowledge and continue building the future decentralized ecosystem.

Quantstamp company thanks the organizers of this initiative and expresses its readiness to continue to ensure the security of smart contracts buffyDai as projects develop.

“The mission of Quantstamp is to promote the mass implementation of smart contracts and blockchain applications by providing modern security services,” said Quantstamp CEO Richard Ma. “We are pleased to provide additional security to the ETHDenver economic system by contributing to the infrastructure experiment for a pop-up economy. “

Quantstamp specializes in developing blockchain-security solutions. Her team creates decentralized security protocols based on QSP and auditing blockchain applications, and also provides professional services to projects and corporate clients. Blockchain companies rely on Quantstamp to audit important public initiatives – such as the OmiseGO project Plasma MVP or Chainlink’s Oracle network.

The uniqueness of the buffyDai project is to create an “ephemeral”, transitional, economy that exists only during the ETHDenver hackathon. By selling food, drinks, souvenirs and other goods exclusively for buffyDai, the conference organizers strive to revive the economic environment of the event and bring participants a positive experience of social interaction, motivating them to make purchases and trade transactions in the internal cryptocurrency.

Another powerful incentive to create buffiDai is the desire to simplify the use of cryptocurrency technologies. Community representatives are increasingly expressing the view that lack of convenience is an obstacle to the full implementation of such technologies by end users. The goal of buffiDai is to provide seamless integration and customization of users, allowing developers to create convenient and easy-to-use cryptocurrency solutions.

The BuffiDai Token is the result of a collaborative development involving Austin Griffith , Brian Ethier , POA Network , Solidcoin , SendWyre , Quantstamp and ETHDenver with the coordination support of the MakerDAO public grants program .

“The ETHDenver team wants to help people quickly move from being interested amateurs to actively participating in a temporary cryptocurrency economy without encountering any obstacles along the way,” comments Richard Brown, head of the local infrastructure development department at MakerDAO. “We chose Quantstamp, because we know that they always adhere to the highest security standards. We hope to continue our cooperation with this company in the implementation of future projects. “

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Sourced from TASS.ru and machine translated for your benefit

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