4 ARMswap Security Features: Protecting Your Crypto Assets

While the blockchain industry is flourishing by leaps and bounds, security-related issues still prevent people from investing in crypto. ARMswap is an emerging cross-chain bridge platform that offers users innovative security solutions that are not only practical but also allow them to bridge and swap their crypto assets across multiple blockchain networks.  

In this blog, we highlight four important ARMswap security features that make it a reliable and efficient platform for users to perform safe transactions.  

1. HSM (Hardware Security Module)

Hardware Security Modules (HSMs) are physical devices that operate independently and protect important/ cryptographic keys. Moreover, HSM devices ensure secure transaction signing. Using these devices, ARMswap offers users a protected environment for performing transactions that cannot be tempered easily by unauthorised activities or hackers. Here are a few main benefits of HSMs

Benefits of Hardware Security Module

Below you will find some of the benefits of HSMs:

• These devices are designed to resist physical tampering. It ensures the safety of cryptography keys.  
• No external system can access cryptographic keys as they are safely stored within the HSMs.  
• HSMs directly sign transactions that reduce the risk of the theft of these keys or passwords.  

Using this approach, ARMswap provides the overall crypto asset security of the platform and users can bridge and swap their crypto assets with no fear of breach.  

2. Smart Contract Security

Smart contracts play an important role in the successful execution of ARMswap’s operations. Smart contracts are responsible for automating transactions and ensuring all transactions are transparent and safe. ARMswap relies on smart contracts to avoid vulnerabilities that hackers or breachers could exploit. AMRswap uses some security measures for smart contracts, let’s have a quick look:

Security Measures for Smart Contracts

• By performing audit, ARMswap identifies and fixes vulnerabilities in its smart contracts.  
• It only executes transactions when specific conditions are met as this approach helps reduce the risk of unauthorised activities.  
• To ensure transparency and trust, the community can review the code.  

All these crypto security measures help users protect their funds from smart contract-related issues.

3. Third-Party Audits

Besides internal audits, ARMswap also conducts audits in collaboration with other security firms. Third-party audits help indicate the potential issues within the platform and ensure the ARMswap security adheres to the industry's best practices. Several benefits come with third-party audits. A few of them have been listed here.  

Benefits of Third-Party Audits  

• Independent audits provide an unbiased assessment of ARMswap security measures and help the platform improvise.  
• Third part audits also help ensure the problems or weaknesses get addressed immediately.  
• Moreover, these audits help enhance the confidence of users on blockchain network security that results in its increased adoption.  

These external assessments help ARMswap fulfil its commitment towards providing its users with a secure and reliable platform.

4. Bug Bounty and Proof of Contribution (POC) Program

ARMswap offers users a Grants program where they can earn rewards for identifying vulnerabilities and gaps in the security of the platform. This approach helps enhance the security of the platform in the long run. Here’s what Grants program offers to its users.

• Bug Bounty Hunters can earn rewards by identifying and reporting vulnerabilities.  
• Moreover, the Proof of Contribution keeps the record of all contributions including security improvements.

Road Ahead

ARMswap believes in continuous development and plans to implement Secure Multi-Party Computation in its next version, V2. SMPC operates by distributing the signing process to multiple parties instead of relying on a single party.  

In 2025, ARMswap not only bringing another security version but also expand its blockchain network list from 31 to 51 networks giving their users a more compatible platform where they can not only feel safe and secure but also get a long list of blockchain networks to bridge and swap their crypto assets.

Wondering how exactly does SMPC work? Here are the details.  

How SMPC Works?

• SMPC removes the control of a single authority and divides it to multiple parties for signing transactions.
• SMPC ensures the transaction remains safe even if one party is missed or compromised.
• Moreover, this distributed approach minimises the risk of theft and malign activities.  

Benefits of SMPC

• As SMPC distributes the transaction signing to various parties, no single party can control the complete signing process.
• SMPC secures the users’ passwords throughout the transaction.
• SMCP reduces the chances of password or keys breach and unauthorised transactions.  

The integration of SMPC along with other security measures will play a crucial role in improving ARMswap security. It will help the platform become one of the most secure and reliable cross-chain bridge networks in the market.  

Ready to Secure Your Crypto Assets?

If you want to experience the ultimate peace of mind while performing cross-chain transactions, visit ARMswap now.