SECURITY

Security smart contracts are used to build decentralized security solutions, such as multi-signature wallets and identity management systems.

• Access control: These contracts manage who has access to what resources, such as data, funds, and smart contracts. Examples include role-based access control (RBAC) contracts and identity and access management (IAM) contracts.

• Authentication and Authorization: These contracts verify the identity of users and allow them to access resources only if they are authorized to do so. Examples include two-factor authentication (2FA) contracts and know-your-customer (KYC) contracts.

• Cryptography: These contracts use cryptographic techniques to protect data and systems from unauthorized access. Examples include encryption contracts and digital signature contracts.

• Auditing and Monitoring: These contracts track and record activity on the blockchain to detect and prevent fraud and other malicious activity. Examples of auditing and monitoring contracts include transaction monitoring contracts and intrusion detection system (IDS) contracts.