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Mike Daly

| less than a minute read

Flaws in smart contracts- could be costly

You would think that after years of evolving this would not happen. Vulnerabilities? That's just what blockchain is meant to guard against

The serious flaws could jeopardise the blockchain's growing role in industry, as it's now clear that many supposedly secure systems are anything but. However, the issues are difficult to reproduce and haven't been publicly disclosed, so the possible impact is mitigated for now.

Tags

blockchain, fintech, insurtech