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Latest cryptocurrency news > ALTCOIN > Quantstamp Leads Blockchain Security, Elevates Crypto Industry Standards
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Quantstamp Leads Blockchain Security, Elevates Crypto Industry Standards

BH NEWS
Last updated: 6 February 2024 14:15
BH NEWS 2 years ago
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Quantstamp is establishing itself as a pivotal force in enhancing security for blockchain technology. With its specialized services, it has become the trusted partner for leading crypto entities and large corporations, including Ethereum 2.0, Binance, MakerDAO, Chainlink, eToro, and the World Economic Forum. These organizations rely on Quantstamp to fortify their blockchain platforms against cyber threats.

Contents
Securing Decentralized SystemsComprehensive Blockchain ServicesPurchasing Options for QSP Coin

Securing Decentralized Systems

The company’s core mission focuses on safeguarding the decentralized internet, having secured digital assets from potential cyber threats that could affect over $45 billion in value. Quantstamp collaborates with more than 170 startups, foundations, and enterprises to ensure the safety of their pioneering products.

Comprehensive Blockchain Services

Quantstamp’s service offerings are comprehensive, spanning several phases of blockchain integration. Initially, they provide strategic consultancy and scope determination, lasting close to three months. This is followed by the technical design and construction of software architecture, a process taking up to six months. Next, they implement the blockchain technology, integrating it securely within the client’s ecosystem over another three to six months. The final stage involves conducting a detailed security audit by leading experts in the field, typically requiring two to four months to complete.

The company leverages its ERC-20 token, QSP, to facilitate smart contract validation on its decentralized security protocol. Users can acquire automated smart contract scans using QSP, while validators are rewarded with QSP for participating in decentralized security scanning on the platform’s website.

As per CoinMarketCap, Quantstamp coin is the 467th ranked cryptocurrency, with a market cap of over $61 million. Currently, QSP trades at $0.00864 USD and has a 24-hour trading volume of about $1.95 million. The coin experienced its all-time low in March 2020 and its peak in January 2018. There are over 713 million QSP coins in circulation against a cap of approximately 976 million.

Purchasing Options for QSP Coin

Investors can acquire QSP Coin through Binance, one of the largest crypto trading platforms globally. To trade QSP, users must register on Binance, transfer fiat currency, and buy QSP using BTC or ETH trading pairs. Furthermore, Binance offers the option for users to place buy orders at their desired price point through the use of the Limit tab.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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