🎛️SMART CONTRACT SOLUTIONS

At Thesirion, we have a dedicated smart contract developer, and all contracts under go rigorous audits to ensure security.

Introduction to Smart Contracts

Smart contracts are like digital contracts that execute themselves on the blockchain when certain conditions are met. They're not only used to create tokens, but also to automate lending, track shipments in supply chains, manage secure voting, or even create digital identities. For example, they can automatically release funds if a shipment arrives on time, as Investopedia explains .

At Thesirion, we have a dedicated smart contract developer, and all contracts under go rigorous audits to ensure security. This is crucial because, once deployed, they cannot be changed, and mistakes can cost millions. We use these contracts to build solutions like NFT marketplaces, DeFi platforms, and identity systems on Base Chain, optimizing costs and scalability. For example, their TSO token, visible on BaseScan , demonstrates their focus on secure contracts, with a CyberScope audit report confirming a 95% security score.

An unexpected detail is how a series of contracts can form complex systems, such as an NFT marketplace where one manages creation, another sales, and another royalties, all at low costs thanks to Base Chain.

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Detailed Note

This section delves into smart contracts and how Thesirion leverages them to deliver innovative solutions, particularly in the context of Base Chain. We then explore each aspect in detail, drawing on relevant research and examples, based on analysis of the provided text and external verifications.

Context and Definition

Smart contracts are programs stored on a blockchain that execute automatically when predefined conditions are met, eliminating the need for intermediaries. Prominently introduced by Ethereum in 2015, they have evolved to be fundamental to applications like decentralized finance (DeFi), non-fungible tokens (NFTs), and more, according to Cointelegraph .

Research suggests their usefulness goes beyond creating tokens. For example, in finance, they can automate lending or insurance, releasing funds when specific events occur, such as floods, as Computerworld notes . In supply chains, they track goods and verify conditions, ensuring transparency, according to Spiceworks . Other uses include secure voting systems, digital identity management, and the tokenization of assets, such as property or art, detailed on Chainlink .

Creating Solutions with Smart Contracts

Smart contracts create solutions by providing a platform for the automatic and reliable execution of agreements. They operate through "if/then" statements, executing actions when conditions are met, such as transferring funds or registering a vehicle, according to IBM .

A single smart contract can handle specific tasks, such as a rental agreement that automatically releases monthly payments. However, a series of contracts can create complex systems, such as an NFT marketplace on Base Chain where one manages creation, another manages sales, and another manages royalties, all with low costs thanks to Base Chain. This reduces intermediaries, costs, and time, fostering trust, as Ethereum explains .

For example, in DeFi, multiple contracts can form a lending protocol where funds are locked, interest is calculated, and payments are automatically executed. In voting, contracts ensure that only authorized users vote and transparently count votes, minimizing manipulation, according to Simplilearn .

Importance of Auditing

Given the immutability of smart contracts, errors can be catastrophic. Once deployed, they cannot be changed, making them a target for hackers if they have vulnerabilities. Auditing is essential to review code, identify bugs, and ensure compliance with standards, as detailed in Investopedia .

The process includes security scans to detect exploits, stress testing, and functionality verification. For example, the CyberScope report for Thesirion's TSO token shows 84% ​​progress in the audit, with a 95% security score and no critical findings, indicating a rigorous approach. This is vital to protecting users and preventing losses, especially on Base Chain, where scalability amplifies the impact of any failure.

Aspect	Description
Code review	Check that it works as expected, without bugs.
Security analysis	Identify potential vulnerabilities.
Compliance	Ensures adherence to industry standards.

Thesirion's Focus on Smart Contracts

Thesirion has a dedicated smart contract developer, enabling them to offer customized solutions for clients on Base Chain. Their focus includes:

• Custom Development: They create custom smart contracts, such as contracts for NFT marketplaces, DeFi platforms, or digital identity systems, optimized for scalability and low Base Chain costs. For example, their TSO token, visible on BaseScan , displays details like initial supply and tax settings, indicating a well-designed contract.

• Base Chain Integration: Leveraging Base Chain's advantages, such as low fees and high capacity, to implement affordable and efficient contracts. This allows clients to launch projects like NFT marketplaces with minimal costs, as reflected in their blockchain focus.

• Security and Auditing: Each smart contract undergoes rigorous testing and, when necessary, third-party audits like CyberScope, ensuring security and reliability. TSO's audit report, with a score of 95%, reflects this commitment, as seen on CyberScope .

• Education and Support: They provide customers with information and support to understand and use their smart contracts, ensuring effective adoption. This includes guides on how to interact with contracts on Base Chain, facilitating their integration into projects.

Thesirion translates these contracts into cool utilities, such as NFT marketplaces where artists can mint works at low cost, DeFi platforms that automate lending, or voting systems for Base Chain communities, creating value and efficiency.

Smart contracts are a transformative tool that Thesirion uses to deliver innovative, secure, and efficient solutions. Its focus on development, auditing, and support ensures that each contract not only meets functional requirements but also drives client success on the Base Chain, redefining creativity and technology in the Web3 space.