Frequently Asked Questions

  • VERITIC is a cutting-edge, no-code tool designed for Smart Contract Administration and Access Management, aiming to safeguard web3 projects and brands. With the alarming statistic of almost $10bn losses in 2022 due to weak administration of Smart Contracts, VERITIC emerges as a timely solution to this pressing challenge.

  • VERITIC is primarily designed for web3 enterprises with heightened security and regulatory requirements, especially those dealing in Crypto Assets and Security Tokens. It's exceptionally beneficial when teams are a mix of non-technical users and developers.

    VERITIC’s versatility means that any other firm, project, or even individual can quickly and affordably harness VERITIC's capabilities. This includes those in NFTs, DeFi, DEX, DAO, Bridges, DI/SSI, or Dapps.

  • Much like traditional computers and servers, smart contracts can possess administrators who have special rights, typically inaccessible to the general public. These rights often extend to modifying parameters, such as the quantity of tokens, vesting schedules, and associated fees.

    In some instances, administrators can even impose account freezes or asset confiscations, features observed, e.g., in notable stable coins like PayPal and Circle USDC — often endorsed by regulatory bodies.

    A growing trend sees an increasing number of contracts becoming upgradable, allowing those with administrative rights to amend the contract code as deemed fit.

  • The ramifications of ill-managed smart contracts were evident in the nearly $10bn losses incurred in 2022. It ranks as one of the top reasons behind the spike in hacks and insider jobs. Ensuring the security of smart contract administrative access becomes imperative to counter the intentions of bad actors.

  • While indispensable, third-party security audits, like those executed on the Safe smart contracts used by VERITIC, primarily focus on identifying and addressing vulnerabilities before a contract is written on the blockchain (pre-deployment). In contrast, VERITIC aims to enhance security after the constract is written on the blockchain (post-deployment) by fortifying Smart Contract Administrator Access, minimizing the risk of unauthorized changes of parameters or code.

  • At VERITIC, we recognize the increasing need to secure smart contract administration access due to evolving technical and regulatory landscapes. When we first sought to enhance the security of our own smart contracts, we encountered several tools in the market. Many of these tools are tailored for developers and can be quite technical in nature. While we believe they are valuable and have their place in the ecosystem, we noticed a gap for a user-friendly solution accessible to those without a deep technical background.

    Rather than seeing these tools as competitors, we view them as potential partners. We've designed VERITIC to be compatible and integratable with a range of these developer-focused tools, with an aim to provide added value not only for our users but also for users of these other tools. Our goal is to bridge the technical divide and ensure that everyone, irrespective of their technical know-how, can secure their smart contracts effectively and efficiently.

    With this insight, VERITIC was born, driven by:

    1. Authenticity and Experience: Our foundation lies in addressing the challenges we personally faced, allowing us to empathize with and understand our users' needs more deeply.

    2. User-Centric Design: Our commitment is to bridge the gap between complex technical processes and user-friendly experiences. Our goal is that (almost) everyone can navigate our platform with ease.

    3. Holistic Security Approach: We think security should not just stop at auditing; our focus is to enable our clients to achieve a comprehensive protection, integrating features such as multi-signature setups to protect their smart contrat administrator access.

    4. Regulatory Preparedness: In a dynamic regulatory environment, we prioritize staying informed and updated, helping our users navigate requirements like MiCA and the EU Data Act and providing a tool with the goal to make it easy and efficient for them to achieve compliance.

    5. Integration Flexibility: While we have our strengths, we believe in the power of collaboration. That's why we've built VERITIC to be compatible with various blockchains, test networks, wallets, and custodians, reflecting our adaptability and openness.

    6. Dedicated Support: Our users are our priority, evident in our extensive support systems, tutorials, and resources aimed at ensuring a seamless experience.

    7. Transparency and Trust: Building a environment such as Safe accunts trusted by 100.000s of users is essential for us. With features promoting transparency, like audit trails and third-party involvement capabilities, we aim to foster trust with our users.

    8. Narrowed Focus: Our dedication is unwaveringly towards smart contract administration. Our goal is simple yet ambitious: to craft the most straightforward and secure method for smart contract administration.

    In the evolving world of smart contracts, VERITIC's approach is grounded in collaboration, user experience, and a commitment to safety and adaptability. While we are proud of what we offer, we emphasize that this is our focus, and we always encourage potential users to assess their needs and see if we align with their objectives.

  • VERITIC offers two onboarding pathways: a self-service avenue and personalized, guided onboarding sessions. Those inclined towards a hands-on session reach out to our team, while the self-starters can embark on the self-service route here. Regardless of the chosen path, VERITIC's intuitive design and user-friendly interface ensure swift and straightforward onboarding, augmented with comprehensive guidance every step of the way.

Not yet a VERITIC user? Sign up now and enhance your contract security!

About VERITIC

  • VERITIC was created by Blockchain and Security specialists from ETH Zürich and KTH Stockholm, who hailed from prestigious institutions like McKinsey & Co, AWS, Bank Vontobel, and M.I.T.

    During the development and operation of an NFT platform, they confronted the challenge of smart contract administration when striving for the utmost security standards. Finding no existing tools up to par, they initiated VERITIC to address this gap, with a broader vision to cater to the entire web3 ecosystem. Their in-depth expertise spans Blockchain since 2010 and IT Security from 2006.

    Situated in Switzerland, a beacon of innovation, VERITIC's diverse partnerships, ranging from the Portuguese Post's Crypto Stamps to the eminent Lucerne Festival, highlight its versatility and the significant trust it has amassed in the industry.

  • VERITIC equips users with tools to reduce the risk of fraud and hacking threats in the web3 domain. It addresses challenges like NFT collection tampering, DeFi protocol value freezing, and malevolent fund redirection in DEXes. Moreover, users can invite collaborators — be it team members, external developers, legal experts, or smart contract auditors — to approve modifications in parameters or code. The platform even allows for collaborative risk assessment dialogues.

  • VERITIC serves as an intuitive tool for Smart Contract Access Administration. It layers a user-friendly interface over an on-chain solution, allowing swift integration with pre-existing smart contract systems. Both the backend and frontend are tailored to simplify numerous processes, enabling efficient on-chain management of smart contract access in a decentralized manner. This enhances both security and transparency. Additionally, VERITIC offers documentation options, aiding in the creation of audit trails essential for risk management and compliance.

  • Indeed, VERITIC's setup is as straightforward as platforms like DocuSign. Designed with non-technical users in mind, its interface ensures a quick and smooth setup. You can seamlessly integrate the on-chain solution in mere minutes without any modifications to your current smart contract framework.

  • Users have the liberty to choose between self-service onboarding or customized personal onboarding sessions. Those seeking a bespoke experience can arrange a meeting with our team. For users leaning towards the self-service method, VERITIC is rich in explanatory content, ensuring ease of navigation.

  • Should VERITIC close its doors, users will retain full control and access to their smart contracts due to the entirely on-chain methodology. Also any executed transactions remain on-chain independent of VERITIC. While transaction documentation provided within VERITIC isn't stored on-chain due to data privacy considerations, users have the freedom to download these records in VERITIC anytime for local storage.

Want a personalized tour? Request a demo today!

Pricing

  • The pricing for VERITIC varies based on the chosen plan and specific needs of the user. We offer multiple plans, starting from basic to advanced tiers that may include usage based components. This caters to both individuals and enterprises. Please visit our pricing page for detailed information.

  • We provide an array of payment options for your convenience. While PayPal is our primary method, users in most jurisdictions can also utilize major credit and debit cards, as well as bank transfers, directly through PayPal without needing a dedicated PayPal account.

    For those interested in cryptocurrencies, we accept select ones via Xmoney. If you'd like to make a payment using cryptocurrency, or have any other payment-related inquiries, don't hesitate to contact our support team.

  • Certainly! We stand by the quality of our product. If you wish to manage just one smart contract, we offer a free plan. This gives you the opportunity to familiarize yourself with VERITIC's capabilities without any initial financial commitment.

  • Of course! We hold our enterprise clients in high regard and provide tailored packages to match their particular requirements. If you represent an enterprise with a large user base, volume, or have specialized needs, our sales team is at your disposal to discuss customized pricing and possible discounts.

  • Your satisfaction is paramount to us. If, for any reason, you find VERITIC not meeting your expectations within the first 90 days of your subscription, we urge you to contact our support team. While we do have a refund policy, certain terms and conditions are applicable. We recommend going through our refund policy in detail to be fully informed.

For enterprise custom packages, contact our sales team.

Ready to invest in smart security? Choose your plan now!

General Benefits

  • VERITIC boasts an intuitively designed interface, catering to both tech enthusiasts and those less familiar with smart contract administration. Our goal is to ensure that users who prefer a UI over command lines find VERITIC both approachable and user-friendly.

  • VERITIC promotes robust security by integrating on-chain solutions that necessitate multiple-user approval for parameter alterations or code revisions, minimizing risks posed by insiders or external threats. Its transparency allows for on-chain traceability of access control adjustments and transaction execution, guaranteeing auditable changes and boosting the trustworthiness of your operations.

  • VERITIC champions efficiency by:

    1. Automating many smart contract administrative functions.

    2. Facilitating communication directly on the platform and via email through documentation, comment sections, and team-invite features.

    3. Offering a comprehensive dashboard for your contracts and past proposals.

    4. Generating audit trails and downloadable PDF documentation automatically for record-keeping.

    5. Automating processes around on-chain access control settings related to Safe accounts.

  • Absolutely. VERITIC bridges the gap between tech-savvy and non-tech users, offering collaborative tools that enhance communication and streamline approval processes. VERITIC is compatible with many tools developers may use.

  • Indeed. VERITIC allows users to distinguish between contract development and ownership roles. This segregation ensures developers can modify contracts, while ownership remains distinct, enhancing security and, in some cases, compliance.

  • Yes. With VERITIC's focus on collaboration, you can co-manage contracts alongside or for your non-tech clients, ensuring precision and accuracy.

  • Typically, only owners can administrate contracts. However, with VERITIC, you can assist in managing contracts as long as you possess the necessary permissions, granted by the contract's owner or administrator.

  • Most contracts feature public functions accessible to any wallet. VERITIC allows users to utilize its user interface to activate these public functions, benefiting from VERITIC’s features such as enhanced documentation, audit trails, and Safe account integration. Just add the contract to your dashboard and get started.

  • VERITIC offers several distinct user roles: admin, guardian, developer, and external reviewer. These roles introduce a level of granularity previously unseen in smart contract administration. By explicitly defining who can perform specific actions, security can be enhanced. Users can even juggle multiple roles. For detailed insights into these roles, please consult our documentation [link].

Experience the ease of use firsthand! Start your free trial now.

Want to see VERITIC in action? Watch our tutorial videos.

Regulatory Benefits

  • Indeed. VERITIC empowers projects by decentralizing access controls. When users correctly employ processes, the risk of unauthorized transactions or alterations reduces. Regulations like MiCA mandate a detailed risk assessments that may include access controls and related processes.

    Consider this: revealing to a regulator that a single developer has unrestricted authority over your smart contract might not be ideal. VERITIC allows you to introduce processes that mandate approvals from multiple stakeholders.

    Furthermore, VERITIC's capabilities can support projects to boost transparency, documentation, and traceability.

  • VERITIC is built to supporting preparations for MiCA's risk assessment segment. Equipped with features such as audit trails, multi-user approvals, and extensive documentation, your operations have ahigher chance to pass MiCA risk assessment.

    The emphasis is clear: a sole developer shouldn't monopolize authority over your smart contract. With VERITIC, design processes that demand multiple party approvals.

    Note that several other factors come into play besides use of the right tools when you want to pass the MiCA risk assessment. Schedule a meeting with VERITIC’s CEO to discuss how VERITIC can support in other aspects or review your processes and submission.

  • While VERITIC offers tools built to help projects achieve MiCA compliance, it doesn't end there. Our team, comprising seasoned security and risk experts, can offer MiCA-related risk assessment consultations. Whether it's about reviewing existing setups or looking for insights, a conversation with our team can provide clarity. In essence, VERITIC amplifies the efficiency and precision of any MiCA risk assessment endeavor you undertake.

  • Section 30 of the EU Data Act bill mandates projects to maintain "robust access control" to their smart contracts, especially if they cater to EU clients and disseminate data. While "robustness" remains open to interpretation, VERITIC can help to boosts the integrity of administrator access by necessitating multiple approvals for key actions.

  • VERITIC presents comprehensive audit trails, capturing a large range of user-related action, from proposal changes to transactions and documentation. Users are encouraged to provide detailed commentary for their operations. Auto-generated from user data, these audit trails are available as downloadable PDFs, ensuring a transparent and traceable record available for immediate scrutiny.

  • Certainly. VERITIC’s collaborative dimension permits the addition of external professionals, such as attorneys or auditors. Their expertise can be captured directly within VERITIC, becoming a part of your downloadable documentation and ensuring a cohesive record.

  • Engaging reputable attorneys and auditors on VERITIC, and establishing a review process demanding their on-chain endorsement for key smart contract changes, can elevate your project's trust quotient with stakeholders and regulatory bodies. This transparent setup reduces the risk that insider mismanagement or opportunistic behavior occurs.

    Remember, nearly $10 billion were compromised in 2022 due to weak administrator access privileges. VERITIC facilitates the introduction and streamlining of measures with the aim to strenghten administrator access conrols.

    Proactive involvement from legal and audit professionals can avert compliance hitches, minimize risks, and certify that transactions align with prevailing regulations.

Stay ahead of regulations with VERITIC. Learn more about our compliance features.

Integrations and Support

  • VERITIC supports a variety of leading blockchains to ensure broad usability and compatibility. Our support ranges from established blockchains like Ethereum and Polyogn to newer, innovative platforms that are under development. For a full list and updates on the supported blockchains, please refer to our platform documentation or the dedicated section on our website.

  • VERITIC is committed to assisting developers in their testing phases. We support Goerli testnets for Ethereum, and are working to support others for different blockchains. This ensures that before deploying on the mainnet, developers can test and refine their contracts and VERITIC operations thoroughly.

  • Compatibility is at the forefront of VERITIC's design. We support major web3 wallets like MetaMask, Rainbow, Coinbase, and WalletConnect. Via WalletConnect you can also connect to Fireblocks or use a Ledger device. As the blockchain ecosystem evolves, we continually update our supported wallets to meet users' diverse needs.

  • Absolutely. VERITIC's approach to managing access controls entirely on-chain ensures it remains tool-agnostic. This flexibility allows both you and your developers to seamlessly work with a vast range of development, testing, and deployment tools within the blockchain ecosystem.

    Moreover, our compatibility with the Safe store provides access to over 100 dapps and tools. Within our app, you'll find a direct link to your Safe account, granting you the ability to explore and utilize these diverse applications.

    Thanks to VERITIC's inherent interoperability, integrating it into your existing workflow is both straightforward and efficient.

  • Yes, VERITIC offers seamless integration capabilities with top-tier custodian services. Utilizing WalletConnect, users can access VERITIC directly through their Fireblocks account as of now. Our primary objective is to empower projects to uphold stringent security measures when administering smart contracts and digital assets. Integration with esteemed custodians underscores our commitment to this mission.

    If you represent a custodian service interested in integration, or if you're a project collaborating with a particular custodian, please don't hesitate to get in touch.

  • VERITIC is designed with a modular architecture, making it possible for custom integrations, including with traditional banking systems. While direct out-of-the-box integrations with all banking systems might not be available at this time, our team is always ready to work with businesses to explore and implement custom integration solutions to meet their specific needs.

    We encourage banks exploring the world of token offerings to consider the value-add VERITIC brings to the table in terms of both security and regulatory compliance. Reach out today to explore our integration capabilities.

  • For partnerships, integrations, or any collaborative endeavors, you can reach out directly to our Business Development team and our CEO here. They are equipped to guide you through the process and explore the best possible synergies.

Looking for a specific integration? Suggest it to our team!

Smart Contracts

  • Yes, you can. VERITIC is designed to work with both newly deployed smart contracts and those that are already live on the blockchain for some time. Our platform provides the tools to manage and administer these contracts efficiently, regardless of their deployment status as long as they follow any of the standards that VERITIC supports (please reach out if it doesn’t and we will try to find a solution).

  • Deployment capabilities are in the works. As of now, VERITIC primarily supports the import of pre-existing, deployed smart contracts. Our ongoing efforts target offering comprehensive tools and resources to simplify the contract deployment process, ensuring even those new to the realm of smart contracts find it intuitive and effortless.

    User

    adjust: VERITIC prides itself on its design efficiency, aiming to keep latency minimal. Actual latency, however, might vary depending on network congestion, the intricacy of the transaction, and other operational factors. VERITIC's overhead is usually minimal relative to standard blockchain transaction times, post the necessary guardian approvals for transaction execution.

    A more significant latency component often stems from guardian response times. Our system boosts these times with features like automatic email invites for proposal approvals and a user-friendly interface. For advanced users, the option exists to connect cloud signers as guardians via API, allowing automatic approvals for specific transactions.

    ChatGPT

    What is the latency caused by VERITIC?

    VERITIC is engineered for efficiency, striving to maintain minimal latency. Nevertheless, the actual latency can be influenced by factors like network congestion, the complexity of the transaction, and various operational conditions. Once the necessary guardian approvals are obtained, the overhead added by VERITIC typically remains inconspicuous compared to the standard blockchain transaction durations.

    One of the primary contributors to latency is the response time of guardians. To expedite this, our system is equipped with features such as automatic email notifications for proposal approvals and a user-centric interface. For those seeking a more advanced setup, there's an option to link cloud signers as guardians through our API, enabling automated approvals for select transactions.

    User

    adjust: One of the primary contributors to latency is the response time of human guardians, which is due to the multi-signature process. To expedite this, our system is equipped with features such as automatic email notifications for proposal approvals and a user-centric interface. For those seeking a more advanced setup, there's an option to link cloud signers as guardians through our API, enabling automated approvals for select transactions.

    In summary, there is always a tradeoff between security, risk reduction and speed and we tried to optimize all factors while focusing on helping our users enhance their security.

    ChatGPT

    What is the latency caused by VERITIC?

    A notable contributor to latency in the VERITIC system is the response time of human guardians, a characteristic intrinsic to the multi-signature process. To enhance this response time, our platform incorporates features such as automatic email notifications for proposal approvals and a user-centric interface. For users who desire a more technologically advanced configuration, there's the flexibility to integrate cloud signers as guardians via our API. This enables automated approvals for certain transactions.

    To encapsulate, while using VERITIC, one navigates the delicate balance between security, risk mitigation, and transaction speed. Our primary endeavor has been to harmonize these elements, with a predominant emphasis on fortifying our users' security.

    User

    simplify the language

    ChatGPT

    What is the latency caused by VERITIC?

    A big part of the wait time in VERITIC comes from the time it takes for human guardians to respond, because of the multi-signature process. To speed this up, we send automatic email alerts for approvals and use an easy-to-navigate design. For those wanting quicker responses, you can connect cloud signers as guardians using our API. This lets certain transactions get approved automatically.

    In short, using VERITIC means balancing speed, security, and risk. Our main goal? Making sure our users are secure.

    User

    One of the primary contributors to latency is the response time of human guardians, which is due to the multi-signature process. To expedite this, our system is equipped with features such as automatic email notifications for proposal approvals and a user-centric interface. For those seeking a more advanced setup, there's an option to link cloud signers as guardians through our API, enabling automated approvals for select transactions.

    ChatGPT

    The main delay in VERITIC comes from waiting for human guardians to respond because of the multi-signature process. To speed things up, we send automatic email alerts for approvals and have an easy-to-use interface. For quicker approvals, users can connect cloud signers via our API to approve certain transactions automatically.

  • Typically, no modifications are required as long as your smart contracts adhere to the standards that VERITIC supports. Although VERITIC is crafted to integrate seamlessly with a diverse array of smart contracts, certain specific features or customizations might necessitate slight adjustments or the addition of interfaces. Nevertheless, in the majority of scenarios, VERITIC can manage your smart contracts without necessitating any alterations.

    At present, VERITIC supports the OpenZeppelin Ownable implementation standard for EVM-based smart contracts. While we can also accommodate other standards, such as Ownable2Step, the user experience might not be as streamlined at this moment. Rest assured, we're continuously working to integrate and optimize for a broader range of standards.

  • VERITIC is built to scale and can handle a vast number of smart contracts. Whether you're managing a handful or thousands of contracts, our platform is optimized to ensure smooth and efficient administration. However, for extraordinarily large numbers, it's always a good idea to touch base with our team to ensure optimal performance.

  • Absolutely. VERITIC's user-friendly interface allows you to organize and assign smart contracts to specific projects and grant access to designated users. This provides added flexibility and ensures that each contract is managed by the right team or individual, enhancing both security and efficiency.

  • No, VERITIC does not own or control your smart contracts. Instead, it functions as a facilitative platform, enhancing the management and oversight of your smart contracts. The actual ownership and control remain with you or the designated entities set within the smart contract and as indicated by access controls on-chain.

    Think of VERITIC as your advanced toolset. While it provides features for more efficient management and heightened security, it doesn't interfere with your ownership rights. It's also important to note that VERITIC will never reach out to you asking for your private keys or seed phrase.

    Always ensure the security of your wallets and private keys, as this guarantees you maintain control over your smart contracts, regardless of your use of VERITIC.

Manage contracts seamlessly. Upload your first contract to VERITIC now!

Need guidance on setting up projects and users? Visit our knowledge base.

Security

  • Absolutely. Crafting secure smart contracts is a complex task, particularly given blockchain's immutable character and the intricacies of decentralized apps. Errors can be quite costly. Ensuring security requires top-notch tools like VERITIC, expertise, and consistent processes throughout the entire lifecycle of a smart contract that often contains coding, auditing, deployment, operations, and eventual contract termination. Especially noteworthy are the latter stages that demand secure administration and VERITIC can help you handle this with ease while enhancing security.

  • VERITIC is distinct from an audit tool. Conventional audits offer a snapshot analysis, typically pre-deployment, to identify potential flaws in your smart contract's security. In contrast, VERITIC provides continual oversight and tools for post-deployment smart contract management. Rather than bug identification, we focus on facilitating administrative tasks, including implementing auditor-suggested code modifications after deployment.

    Most auditors underscore the significance of robust access control for administrative tasks, recommending multi-signature setups like VERITIC or DAOs. This is where VERITIC comes in, enhancing and complementing the insights from audits.

  • Certainly, many auditors, like Sub7, frequently recommend VERITIC to their clients, recognizing its transparency and support to secure access controls.

    While organizations such as CERTIK and the Ethereum Enterprise Alliance advocate for the use of multi-signature setups or DAOS to administrate smart contracts, they often refrain from endorsing specific tools publicly. In the past, establishing these multi-signature setups for smart contract administration was intricate, typically requiring deep technical expertise. Missteps in this area have historically led to substantial breaches. VERITIC has revolutionized this arena by demystifying and simplifying the process, rendering it user-friendly and efficient even for non-technical users.

    Our adherence to leading industry practices, especially those promoted by the Ethereum Enterprise Alliance, elevates VERITIC as a favored choice among many industry experts. If your auditor isn't familiar with us, we'd appreciate an introduction!

  • Our primary focus lies in furnishing powerful smart contract management tools. However, we do offer specialized auditing for access controls and provide best practice advice. If there's uncertainty regarding your access controls, your auditor's coverage, or compatibility with VERITIC-supported standards, please reach out. Our chief aim remains to complement external and established audit services.

  • Post-deployment, VERITIC aims to enhance smart contract security through a user-friendly tool facilitating multi-signature approvals, audit trails, and administration. Our platform fosters transparent, controlled modifications, aiming to mitigate human errors and bolster overall contract safety.

  • VERITIC is engineered to reduce the risk of specific unauthorized contract alterations, rug pulls, and internal threats, typically related to smart contract administrative rights. Our multi-signature approval requirement for crucial actions aims to remove the risks associated with single-point vulnerabilities or solo malicious acts.

  • For a comprehensive understanding, kindly refer to our detailed article on smart contract breaches pertaining to access controls. Most incidents could've been thwarted by utilizing VERITIC's suite of tools, ensuring changes necessitate multi-party approvals, selecting trustworthy entities for approval akin to a "Board of Directors", and establishing sound processes to safeguard these entities from potential threats.

  • Security sits at the core of VERITIC, curated by experts proficient in blockchain technology and security protocols. Boasting cutting-edge security mechanisms, regular penetration assessments by industry leaders like Breachlock, and continuous updates to tackle potential threats, we prioritize your safety.

  • Your data security and confidentiality are our utmost priorities. Leveraging end-to-end encryption, VERITIC guarantees that sensitive information remains shielded. We strictly abide by data protection guidelines and commit to never share your data without express consent.

  • If any inconsistencies or security concerns arise, reach out to our support team immediately. Despite VERITIC's robust design to minimize threats, prompt action is vital in addressing potential issues. Always bear in mind: VERITIC will never solicit your private keys or seed phrases. Remain alert and notify us of any suspect activities.

Prioritize security today. Learn about VERITIC's security measures.

Have concerns about your data? Read our privacy policy.

Access Control

  • Only those you've explicitly granted access to can interact with your VERITIC project, based on the roles you assign. At VERITIC, we prioritize your privacy and control, ensuring only your chosen circle can access your project's details.

  • Your smart contracts are accessible only by the designated administrators or owners. VERITIC facilitates better oversight and management but will never seek access rights, ask for private keys, or request transfer of control to VERITIC or any of its associates.

  • Modifications are restricted to individuals with the appropriate permissions, as dictated by the smart contract and on-chain access controls. VERITIC streamlines this process and must adhere to on-chain stored permissions and controls.

  • "Multi-signature" denotes a system where multiple users' approvals, through their wallets, are required for a specific action. This mechanism aims to bolster security and can help to prevent unilateral significant changes and can reduce potential risks.

  • VERITIC uses Safe accounts based on their track record of being considered one of the most trusted decentalized multi-signature accounts that are fully on-chain. Used by hundreds of thousands for treasury management, holding around 35bn USD in assets, Safe contracts undergo rigorous, regular audits. Read more on safe.global.

  • During onboarding, VERITIC simplifies setting up a Safe account for you, executing several operations for you to ensure a smooth experience.

  • At the moment, importing existing Safe accounts used for securing administrative controls isn't supported. However, we're actively developing this feature. We do support Safe accounts acting as guardians via wallet connect, albeit with added intricacy.

Manage user permissions with precision. Find out how.

Customer Support

  • VERITIC provides multiple support channels to ensure users receive the help they need. Connect with us via our in-app chat, send your queries to our email at support@veritic.com, or on Telegram to @VERITIC, or delve into our extensive knowledge base for instant answers.

    Based on your subscription, you might also have access to our hotline and video calls with screen sharing. Just check the help section in the VERITIC app for available options.

  • If you're facing technical challenges, please direct your concerns by creating a ticket in our support portal or reaching out directly to our adept technical support team at support@veritic.com. They're poised to provide prompt solutions.

  • Apologies for the inconvenience. As a primary measure, refresh the page or try logging out and back in. If necessary, consider rebooting your system or attempting access through a different browser. Should the problem continue, document it with screenshots and get in touch with our technical team for resolution.

  • To assist in your journey with VERITIC, our "Help Center" on the website is stocked with step-by-step tutorials and guides. It's consistently updated, and we're open to suggestions for new content!

  • Your insights are essential to us. Send us an email at support@veritic.com using the subject line "Feedback" to share your thoughts. Alternatively, arrange a feedback call with our dedicated customer success team.

  • We're honored by your interest! To share your testimonial, simply send an email to support@veritic.com with the subject "Testimonial". Interested in a more direct conversation? Schedule a call with our customer success team and receive a special token of our appreciation!

  • Your referrals mean a lot to us. While we're yet to launch a formal referral program, we'd love for you to introduce your contacts to our customer success team via support@veritic.com. As a gesture of our gratitude, we'll ensure you receive a rewarding thank-you!

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Technical Questions

  • VERITIC is engineered for efficiency, striving to maintain minimal latency. Nevertheless, the actual latency can be influenced by factors like network congestion, the complexity of the transaction, and various operational conditions. Once the necessary guardian approvals are obtained, the overhead added by VERITIC typically remains small compared to the standard blockchain transaction durations.

    The main latency compared to VERITIC’s latency comes from waiting for human guardians to respond within the multi-signature process. To speed things up, we send automatic email alerts for approvals and have an easy-to-use interface. For quicker approvals, advanced users can connect cloud signers via an API to approve certain transactions automatically.

    In short, using VERITIC means balancing speed, security, and risk. Our main goal? Making sure smart contract administrator access is secured and risks are reduced while optimizing speed.

  • We utilize Safe’s API to streamline Safe account deployment directly via Safe on your behalf.

  • For multi-signature transactions using Safe accounts, the individual approvals become evident on the blockchain once the transaction is executed, highlighting which guardians gave their consent. Prior to execution, individual approvals remain concealed off-chain. This practice, prevalent in Safe accounts, is trusted by over 100,000 users, safeguarding 35bn USD in assets. While feasible, recording each approval on-chain as it happens would necessitate Safe's adaptation, given our choice to use their smart contracts to bolster security.

  • Approvals can only be revoked before a proposal is executed on the blockchain. To do this, a sufficient number of guardians must reject the proposal and then execute this rejection. This is the standard procedure established by Safe accounts, which VERITIC utilizes. Safe accounts are trusted by hundreds of thousands of users to manage treasuries valued at 35 billion USD. Once a proposal has been rejected on-chain, it can't be accepted even if it had enough prior approvals. However, if necessary, a similar proposal can be created from scratch.

  • Indeed, the blockchain's past transactions are considered immutable and can't be altered. However, smart contracts may be designed to possess functions that enable adjustments to their behavior or state. Such functions are typically safeguarded, granting access only to administrators or contract owners. They can invoke these functions to modify a contract's parameters or employ proxy contracts to "upgrade" and adjust the smart contract code.

    As regulatory bodies lean towards favoring ability to modify smart contracts in combination with clear risk assessments for related actions, they also call for stringent access controls. VERITIC steps in here, offering projects a quick and straightforward solution to enhance their access controls robustness with the goald to align with regulatory demands and to reduce risks.

  • Currently, these tools are on our roadmap. We value your input, and prioritizing production based on user demands is an approach we endorse. Feel free to share your requirements with us.

  • VERITIC ensures transparency and integration flexibility. Proposals generated within our system are accessible via the Safe API and can be approved externally through the same. While our own API mainly caters to audit trail downloads from within the app, we're open to addressing specific API needs you might have. Our support team is ever-ready to assist with integration inquiries and provide tailored API solutions.