Smart Contracts and Security
Onion Network uses Ethereum-based smart contracts for managing tokenized assets, user interactions, and compliance. These contracts are designed with security best practices, enabling automated, tamper-proof execution of transactions:
Self-Executing Contracts: Smart contracts enable automatic enforcement of terms, removing intermediaries and lowering transaction costs.
Customizable Security Controls: TrustGuard allows developers to integrate advanced KYC/AML protocols, securing transactions while maintaining regulatory compliance.
Auditability: Smart contracts are immutable, allowing for clear audit trails and transparent verification of all transactions.
Last updated