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Microsoft introduces smart contracts security working group

Friday 2 September 2016 00:50 CET | News

Microsoft has revealed it is organizing a working group dedicated to improving smart contracts security.

Named Kinakuta, the group aims to make it easier for the industry to share information and tips about smart contracts, the term that somewhat loosely has come to refer to self-executing blockchain-based code.

Yet even while incumbents increasingly express interest in the idea blockchains could come to automate complex transactions, concerns about this use case have grown after a vulnerability led to the collapse of the technologys first large-scale implementation, The DAO.


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Keywords: Bitcoin, mining, cryptocurrency, digital currency, online payments, online security, online transactions
Categories: DeFi & Crypto & Web3
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DeFi & Crypto & Web3