# Risk and Mitigation Despite the fact that Smart Contracts are always rated as highly secure, hackers are very good at finding holes to exploit. As a result, Defi has worked hard to perfect the security features for Smart Contracts. Apart from that, blockchain has long been despised by governments in a number of countries. It's time to mention that Defi will be taking significant action on their main document. Defi has no effect on individuals' interests, but it has an impact on a country's stability. As a result, obtaining a cooperation agreement in the host country will be difficult for Defi, to operate in a country that, like China, has the authority to prohibit all Blockchain-related activities. Blockchain Risk: We are concerned about smart contracts and value transfer risks. Our mitigation strategy is to consult subject matter experts on a regular basis, pay for audits, and avoid experimental chains and contract systems. Furthermore, before main-net deployment, we will always send our contract codes for audits (typically with ). Off-Chain Web Development Risk: We are vulnerable to the risks associated with traditional web solutions. We mitigate these risks by conducting cybersecurity assessments, implementing access controls, testing program code, and maintaining server backups. Regulatory Risk: Regulatory risks may be associated with the application use case, network participants, and cross-border implications between regulatory bodies. Because DVM Pte Ltd is a registered company in Singapore, we must follow the Monetary Authority of Singapore's regulations (MAS). We will stop selling any products that violate MAS regulations and will consider applying for the necessary exemptions and licenses to continue selling the offending product. Existing customers will be able to self-host some of the web-facing infrastructures to continue using these products without interruptions because our blockchain products are mostly decentralized on the blockchain. We will consult with legal professionals on a regular basis to ensure that we remain compliant. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://whitepaper.xbank247.com/extras/risk-and-mitigation.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.