In this blog entry we wanted to introduce one specific way to reduce the Smart Contract-related risks significantly and at little to no cost. If you would ask us to choose just one solution for risk mitigation, we would choose to rely on the OpenZeppelin framework in the development work.‍ OpenZeppelin framework is a project that has been created as a response to the Parity hack and many other incidents that happened in the web3 world over the years. The authors of the framework recognized the necessity to compile available security best practices and produce some verified code templates for use by web3 developers.