11.1 Technical Risks and Response Policies

There are always technical risks to smart contracts, wallets, and DApps components in Web3.

Potential Risks:

  • Bugs and vulnerabilities in smart contracts

  • Wallet hacks and unauthorized access

  • Data integrity risks from off-chain integrations

Mitigation Strategies:

  • Conduct external audits (Audit) of smart contracts

  • Implement system updates in stages and make testing in a verification environment mandatory

  • Emergency response operation system in case of major problems Develop emergency response operation system in case of major problems

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