LCX has developed the utility token smart contract and acted as a Token Generator for Tiamonds. For token investor protection, the Tiamonds (TIA Token) smart contract has been audited by CertiK, the top-rated blockchain security platform and smart contract auditing firm. LCX chose to get Tiamonds and TIA Token audited by CertiK due to their focus on security, transparency, and innovation within cybersecurity.
The so-called Trusted Technology Token Generator is one the registered and regulated roles in accordance with the Liechtenstein Blockchain Laws – and a role which LCX is approved and registered for. The Token Generator is an important element for any compliant token sale.
Tiamonds is an asset backed token based on the Ethereum blockchain which represents a real-world individual diamond. The token is a 1-1 digital representative of the individual diamond. The owner of Tiamonds will receive a reward of TIA Tokens over a fixed period of time. You can know more about Tiamonds and TIA Token here :
TIA Token: https://www.lcx.com/what-is-tia-token/
CertiK used rigorous formal verification, static analysis, and manual review to guard against some of the audit’s most frequent and critical vulnerabilities. Certik offers hacker-resistant smart contracts and blockchain audits.
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Tiamonds – Audit by CertiK https://www.certik.com/projects/tiamonds
The Tiamonds and TIA Token are developed by LCX. Certik performed an audit utilizing three essential analysis techniques: Dynamic, Static Analysis, and Manual Review techniques.
The smart contract was sorely tested against a variety of attack vectors, both common and uncommon. CertiK audited the codebase for compliance with current best practices and industry standards. Certik will also check to ensure contract logic meets the specifications and intentions of the client. The audit also involves cross-referencing contract structure and implementation against similar smart contracts produced by industry leaders and thorough manual review by industry experts.
AUDIT RESULTS – A total of 26 issues were identified during the auditing process, 10 of which had informational issues, only 1 critical, 5 major, 2 medium, 8 minor. All the Issues have been acknowledged and 22 issues have been resolved as well as other issues have been mitigated.
LCX AG is a company found in 2018 and registered in Liechtenstein No. FL-0002.580.678-2. LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider.
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