Smart contracts auditing is becoming even more important with the advent of decentralized finance. This is where companies like HashEx enter the picture. HashEx has provided smart contracts auditing for over 500 projects to date and the company helps secure DeFi protocols. The vulnerabilities the company has found in smart contracts have saved projects more than $2 billion.
Bitcoinist sat down with HashEx CEO Dmitry Mishunin to talk about the company’s work in the space. Founded in 2017, HashEx boasts an impressive track record in the DeFi space. Mishunin told Bitcoinist about his work in the cybersecurity space, working with smart contracts, and HashEx’s most recent audit, the KODA smart contract.
Bitcoinist: How did you get into cybersecurity?
Dmitry Mishunin: I did software development for ten years for different companies. Mostly, I worked with a small team of engineers putting together complex solutions. We never did websites or mobile applications. We always created something complicated. Our clients were big Russian IT companies and when they had a lack of internal development teams and they had interesting projects to run like Big Data and analytics tools, they came to us and asked to do it. Before HashEx, we had at least five years of outsourcing our services.
Something interesting to mention here is that I worked as a CIO in three e-commerce companies in Russia and there is always a war between the CIO and the CSO because the CIO wants to optimize all the processes, implement new solutions, introduce new software to run faster, and all of this is a potential security risk for a security officer. So you always have some conflict there. At that time, I was on a different line of battle. When I started working on cybersecurity in blockchain, I think the main point was not the security itself but investors and investors’ funds.
Bitcoinist: With your background, you could have gone into any part of the cybersecurity sector. Why did you choose smart contracts auditing?
Dmitry Mishunin: In mid-2013 or 2014, I got into Bitcoin mining. I tried to mine Bitcoin. Then I turned my focus to Litecoin. I built some farms. Then I shifted focus to mining software and mining monitoring systems. When Ethereum was introduced, I already had some experience with blockchains and the technology itself.
In 2017, with the first ICO boom, we decided to stop outsourcing our development activities for different directions and focused only on Ethereum smart contracts. We worked on it for a year, from 2017 to 2018. We did about 100 different projects, smart contracts, and decentralized applications, gaining good skill and knowledge on how Ethereum, Solidity, and smart contracts worked. Our clients’ requests changed from code requests to consulting to make sure their codes are safe. We started as a real auditor. We changed our main job from code writing to code inspecting, and then to code auditing.
I had broad…
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