6 Common Vulnerabilities In Smart Contracts

Smart contracts are useful for peer-to-peer transactions in blockchains. They are also helpful for trade finance and insurance to improve claim processing, stock taking, and record keeping.  Although these blockchain applications are useful in various industries, they may not always be safe and prone to attacks. The effects of smart contract attacks are very devastating and can cause significant losses to a project's investors. This article will address various vulnerabilities in smart contracts, how they occur, and their effects on…