There has been lot of concerns that in-spite of using **sound cryptographic techniques** in the **Ethereum Smart Contracts** (and in the crypto-currency industry in general), they are **failing** to protect users, investors and other stakeholders in the echo system as they are **lagging** in applying **Holistic Approach to Information Security**. This is one of the major reasons why so many spam and fraudulent activities we do witness everyday in the crypto ICO industry. Especially when it comes to ICOs, most of them seems be joke when we think about Information Security.

**Security by Design**, **Privacy by Default**, **Secure Software Development** practices, **Source Code Auditing**, **Vulnerability Scanning and testing** before release to production are some of the well developed methodologies that are must be applied for any globally used IT Systems.

The fundamental and sound principles of Information Security needs to be applied to protect all the stakeholders in the ICO echo system considering all the aspects; including but not limited to:

* People (Awareness, Culture, Ethics)
* Processes (including Governance, Audit & Fraud Detection, Data Breach Notification process)
* Technology (including Vulnerability Scanning, OWASP, Pen Testing, Fraud Detection, Forensics)
* Environment
* Legislation (including Compliance, EU GDPR, EU-US Privacy Shield)
* Geo-Politics, Organization, etc.

# Quantstamp - Securing Smart Contracts

Quantstamp's https://quantstamp.com/ team has taken a step further in the right direction to ensure **reliability** of **Ethereum** based **Smart Contracts**. The are focusing on **Auditing** and **Compliance **aspects to ensure that any vulnerabilities in the Ethereum echo system can be detected well advance in time. This will enhance the **confidence** and **trust** on Ethereum echo system, this enabling the wide spread use of it by big global players in the industry.

<center>
<a href="https://quantstamp.com/">Quantstamp - Securing Ethereum Smart Contracts</a>
![QS_Master_1.jpg](https://steemitimages.com/DQmQBnrurB66UryJvesn7aGsFDFuVAKCzJ2fuAMqJJ6CLXr/QS_Master_1.jpg)

<a href="https://quantstamp.com/">https://quantstamp.com/</a>
</center>

I am very optimistic about the the future of Ethereum and have a confidence on Quantstamp. I am their strong **supporter** and **community member**. As I see Ethereum is evolving (and will improve a lot) to ensure future **mass market adaption** of it.

<center>
![Security3.png](https://steemitimages.com/DQmVFPM5N1wx3SeFJho3n36JU2GpeJkjbPyL8yvb2ZwDfQE/Security3.png)

<a href="https://quantstamp.com/">"Our vision for auditing is simple: **More Automation**, **Higher Security** and **Lower Cost**".

By: **Richard Ma**, Quantstamp Co-founder</a>
</center>
***
Note: Quantstamp already has around **2500+ members** in the telegram group. Here is the content and material produced by them about them project:

Websites: https://quantstamp.com/
Github: https://github.com/quantstamp
WhitePaper: https://docsend.com/view/shcsmhe

***
<center>
https://steemitimages.com/DQmSWrJHDu5vNo39LG38v3rrNY2KoKgDsjAYd7S7pWnME8i/U5drPCXazJAotEs3ryxT4tYWfuQGBrz.gif
<a href="https://steemit.com/nature/@selenagomezs/the-water-drops">Source: the-water-drops</a>
# **  Welcome  **
**Please** show your support by **comments**, **upvotes**, and **resteem**. Don't forget to **follow me!**
https://steemit.com/@crypto-guru (Information **Security**, **Privacy**, **Risks M**, & **Legal** **SME/Advisor**)
</center>
***
<center>
<div class="pull-right">
    <center>
        https://steemitimages.com/DQmYVMjjzwWcmgUPSoaNPn4PnQWcBErBFkHzi5cAgij1gEE/BTS.png
    </center>
</div>

##### Are you new to BitShares? Need an Account?
<em><a href="https://bitshares.openledger.info/?r=smspk">BitShares Referral Link: **https://bitshares.openledger.info/?r=smspk**</a></center>
***
</center>