Quantstamp is a blockchain security project that provides security audits for a variety of top crypto companies including, but not limited to, Binance, Chainlink and Ethereum 2.0. The security protocol uses its ERC-20 token QSP to verify smart contracts. These QSP tokens can also be used to purchase smart contract automated scans and are given out as a reward system for Quantstamp validators.
The project was first launched in 2017 and since then has completed several successful security audits for high-profile and renowned blockchain based platforms. It works to detect any security flaws and vulnerabilities of a platform and offers an alternative solution to having to use ‘bounty diggers’ in order to uncover code areas and security breaches.
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