What If the Smart Contract or Digital Assets Are Compromised?
This article is for both founders and investors using Fairmint.
The smart contracts used with Fairmint are deployed on the Canton Network.
What Happens in a Security Incident
In the unlikely event that a smart contract, the network, or corresponding digital assets are negatively impacted:
Organizations can deploy a new contract — a fresh smart contract can be created to replace the affected one
New tokens can be issued — tokens corresponding to the rights and holdings of stakeholders prior to any incident can be reissued
Similar to a fork — this process works like a blockchain fork, preserving all existing ownership records
Key Points
Digital assets exist and function independently of Fairmint — they continue to operate even if you stop using Fairmint software
Transfer restrictions and holder limits are programmatically enforced in the smart contract itself
Related Articles
Need help? Reply in the chat — our team is happy to assist.
This article explains how to use the Fairmint platform. It is not legal, tax, or investment advice. Consult a qualified professional for questions about your specific situation.