> For the complete documentation index, see [llms.txt](https://igent.gitbook.io/igent/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://igent.gitbook.io/igent/overview/problem.md).

# Problem

As blockchain technology evolves, the use of smart contracts has become increasingly popular across various industries, from finance to supply chains. However, despite their great potential, blockchain and smart contracts also bring significant challenges related to security and vulnerabilities. Some of the main issues often faced are:

1. <mark style="color:yellow;">Undetected Vulnerabilities</mark> &#x20;

   Smart contracts often contain coding errors or vulnerabilities that are not easily visible to developers or users. Without adequate tools, these errors can lead to harmful exploits, both in the form of asset theft and damage to the overall blockchain ecosystem.
2. <mark style="color:yellow;">Limitations of Manual Audits</mark> &#x20;

   Manual audits conducted by individuals or developer teams can be time-consuming and prone to errors. In the rapidly evolving blockchain world, manual approaches become inefficient and high-risk, especially when dealing with highly complex smart contracts.
3. <mark style="color:yellow;">Cross-Blockchain Interoperability Limitations</mark> &#x20;

   Many smart contracts and blockchain applications operate on separate blockchain networks. When these platforms cannot securely communicate with each other, the potential for vulnerabilities increases, raising the risk of misuse.
4. <mark style="color:yellow;">Lack of Transparency in Security</mark>&#x20;

   Many users and developers do not have a sufficient understanding of the security level of the smart contracts they use. Transparency in auditing and analyzing smart contracts is crucial to provide assurance to all parties that they are operating in a safe environment.