Smart contracts, self-executing agreements
based on blockchain technology, have gained
prominence in various industries due to their automation
and transparency. However, their widespread adoption
hinges on robust security measures. This research paper
presents an in-depth analysis of smart contract security,
exploring existing best practices, auditing tools, and
emerging technologies to mitigate vulnerabilities.
Leveraging a qualitative research design through a
literature review and secondary data analysis, the study
identifies common smart contract vulnerabilities and
proposes state-of-the-art security measures.
Additionally, the paper discusses regulatory challenges,
legal implications, and industry standards, providing key
recommendations to ensure secure smart contract
deployments. By understanding the evolving landscape
of smart contract security, stakeholders can build more
trustworthy and resilient blockchain-based applications,
fostering the broader adoption of blockchain technology.