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ReitBZ Security Audit

ChainSecurity has completed a security audit of the ReitBZ project – powered by BTG Pactual. To find out more about the scope of the audit and considered properties, see our audit report.

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ChainSecurity has completed a security audit of the ReitBZ project – powered by BTG Pactual. To find out more about the scope of the audit and considered properties, see our audit report.

Summary

BTG Pactual deploys a security token called ReitBZ (RBZ) which is backed by Brazilian real estate assets. RBZ is a fully compliant security token regulated in Cayman Islands. RBZ is a mintable and burnable ERC20 token. The security token crowdsale will be managed by BTG Pactual. The exchange rate for the crowdsale will be set by ReitBZ off-chain. Only whitelisted potential investors can purchase ReitBZ tokens off-chain from ReitBZ and later ReitBZ will mint RBZ tokens for these investors.

The ReitBZ smart contracts have been analyzed with state-of-the-art tools for verification of generic vulnerabilities and custom functional requirements. During this process, ChainSecurity found:

– 1 high and 3 low security issues;

– 3 medium trust issues;

– 1 high, 3 medium, and 11 low design issues.

All reported issues have been addressed by ReitBZ and the provided test cases have been improved. In particular, all security and design issues have been eliminated with appropriate code fixes.

About ReitBZ

ReitBZ is the first security token backed by Brazilian real estate and managed by a large and established investment bank – BTG Pactual. Token holders will be able to participate in Brazil’s promising and growing real estate market with the knowledge and expertise of the largest real estate manager in the country.

Read more at reitbz.io.

BTG Pactual is the leading investment bank and real estate manager in Latin America. With a history of more than thirty-five years, BTG Pactual combines local expertise and global reach to offer the best investment opportunities for its clients.

See www.btgpactual.com for more information.

We are really pleased to have our smart contracts audited by a highly skilled team. ChainSecurity was very professional since the very beginning of our conversations and provided an excellent job auditing our codes. I highly recommend their service.
André Portilho, CEO of ReitBZ