Quantstamp Could Help the Crypto Community by Working Towards Ensuring the Legitimacy of Smart Contracts ~ Timothy Erb

The goal of Quantstamp is a view towards automating the verification of smart contracts written on the network we all know and love called Ethereum. Its hope is to remove human actors in what has been referred to as the "trusted" sense while allowing them to continue participating as members of the network employing the QSP token to have an influence on events. Making the verification of smart contracts automatic by building said verification into the inner workings of Ethereum software could ensue in the elimination of lost assets and also mitigating, or completely doing away with low-quality and badly written smart contracts. Smart contract creators would be given the hurdle of the proof-of-audit and without it potential investors might be wary of such contracts.

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Image courtesy of Quantstamp