Quantstamp (QSP) is a blockchain security auditing protocol that helps secure smart contracts on the Ethereum blockchain. The Quantstamp protocol utilizes a decentralized and community-driven approach to enhance the security of the blockchain. 

Quantstamp has advanced algorithms to automatically analyze smart contracts for potential security vulnerabilities, such as code bugs, security loopholes, and other vulnerabilities that could be exploited by hackers. 

Moreover, the QSP token serves as the native cryptocurrency of the Quantstamp platform. Quantstamp promotes transparency and trust in the blockchain ecosystem by providing robust security solutions for smart contracts.