Frictionless Markets
2 min readJan 8, 2024

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Frictionless protocol smart contracts successfully audited by Hacken.io

We are excited to share a significant milestone in our journey toward building a secure and reliable institutional securities tokenization and settlement ecosystem. The smart contracts powering the Frictionless Protocol have undergone a meticulous audit by Hacken.io, a renowned name in blockchain security. We are pleased to announce that our smart contracts have received a flawless 10/10 rating in the audit.

Key Details:

  1. Audit Results: The comprehensive audit report conducted by Hacken.io is now available for review at Frictionless Protocol Audit Results. We encourage our community members to explore the detailed findings, recommendations, and security measures outlined in the report.
  2. Perfect Score: The Frictionless Protocol smart contracts have achieved a perfect 10/10 rating, attesting to the robustness and security of our blockchain infrastructure. This accomplishment reflects our unwavering commitment to ensuring the safety and trustworthiness of our platform.
  3. Transparency and Collaboration: Throughout the auditing process, we maintained transparent and collaborative communication with the Hacken.io team. This approach allowed us to address potential vulnerabilities promptly and work together to enhance the overall security of our smart contracts.
  4. MIT License: We are proud to announce that the Frictionless Protocol smart contracts are released under the MIT license. This open-source licensing model reflects our dedication to transparency, collaboration, and community involvement. The MIT license allows developers and stakeholders to freely use, modify, and distribute our smart contracts while providing clear guidelines on attribution and liability.

Next Steps:

With the audit completed and the results now available to the public, we are launching our initial offerings on the Avalanche C-Chain. We will launch our Institutional Deposit Tokens supporting eight global currencies along with our first series of transactions illustrating the power of the Frictionless protocol.

If you have any questions or require further clarification regarding the audit results or the Frictionless Protocol in general, please feel free to reach out to us via media@frictionless.markets.

Here’s to a secure and frictionless financial future!

Happy Holidays,

The Frictionless Markets Team

About Frictionless Markets: Frictionless Markets the pioneer in the issuance digital securities on the Avalanche blockchain and is fully compliant under the Luxembourg Law of 10 August 1915 on commercial companies (as amended), the Securitisation Law of 22 March 2004 (as recently amended) and the Blockchain II Act 2021 as approved by the Luxembourg Parliament on 21 January 2021. Learn more at www.frictionless.markets.

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