May 11, 2021
KiwiGo has received the audit report of the Kiwigovault contract from CertiK.
More info here:
What is Certik Audit and why is it vital for Kiwigo to operate safely?
Certik is a security blockchain auditor that conducts informational security checks on blockchain protocols, wallets, DApps, and smart contracts. Certik is a partner company of Binance and one of the biggest blockchain security auditors with more than 500 clients, 30 billion dollars, and 400 thousand lines of code secured.
KiwiGo aims to be the most advanced super app for the frontier markets, based on T.E.S principles, KGO token needs to be socially useful for its users and therefore technologically secure. Smart contracts are part of the Kiwigo ecosystem since they enable payment automation between Kiwigo users and ensure security without the need of a middle man.
Certik auditing process uses Static Analysis and Manual Review techniques to find any issues and vulnerabilities in the source code of KiwiGo’s smart contracts. The auditing process focuses on:
The cryptocurrency market is widely evolving and cybersecurity is more than ever crucial for the well-being of the crypto ecosystem. Cybercriminals are now targeting Bitcoin and other cryptocurrencies to camouflage their illicit activities, this is why Kiwigo’s continual effort to ensure security and safety for its users as well as its investors is the top priority. The initial stage of the Certik audit is vital to prove that KiwiGo ‘s smart contracts are in accordance with security standards and digital agreements are enforced by a secure set of conditional rules that allow users to exchange and swap currencies safely without knowing each other.