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Top 6 Smart Contract Audit Firms in the World in 2022

What is a smart contract? Why is it necessary to audit smart contracts?

By cypher shieldPublished 2 years ago 4 min read
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A smart contract is a computer program that uses blockchain technology to digitally facilitate, validate, or enforce the negotiation or performance of a contract. Smart contracts enable reliable transaction validation and execution without a third party. These transactions are verifiable and irreversible. The code for a smart contract is stored in the public ledger, and once activated, the contract cannot be changed or stopped.

Smart contract audit service sare programmed and implemented on the blockchain. Once deployed, there is no turning back. A small mistake can break the entire protocol and drain the entire pool. In the last two years alone, billions of dollars have been lost due to vulnerabilities in smart contracts. And with auditing, most contract vulnerabilities can be avoided.

How to choose the most tech-savvy smart contract auditing company?

When looking for a smart contract auditor, there are a few things to keep in mind. Some companies have more experience auditing smart contracts than others and have the best technical expertise. Here is a list of the most technically proficient smart contract auditing companies in the world to help you.

1. BEOSIN

Beosina is a Web3 security company in Singapore, with more than 100 team members and 85% of them are technical staff. The business covers a full range of blockchain security products and services, including smart contract auditing, transaction risk monitoring, and stolen asset recovery. Currently, Beosin has provided security auditing and defense implementation for more than 2,000 smart contracts as well as more than 100 blockchain platforms around the world. Beosina Tracing has successfully helped clients recover hundreds of millions of stolen assets, including funds that went to Tornado Cash.

More recently, Beosina released VaaS , a smart contract audit code verification tool that helps web3 developers quickly and efficiently verify their smart contract code. Its project security monitoring platform, Eagle Eye , provides 24by7 blockchain security monitoring and notification services. It sends customers real-time security alerts and warnings when it detects risks such as hacker attacks, fraud, flash loans, on-chain and off-chain data analytics, and multi-dimensional security assessments.

2. CertiK

Founded in 2018 by professors at Columbia University and Yale University, CertiK’s business includes security audits, penetration tests, smart contract scanning and more, using best-in-class formal verification and artificial intelligence technologies to protect and monitor blockchains, smart contracts and web3 Applications to provide security solutions for companies and users in the world of cryptocurrencies.

3. S Low Fog

Slowmist Technologies is a blockchain security company founded in January 2018. The company was founded by a team with over a decade of cybersecurity experience with a vision to become a global team. Its goal is to make the blockchain ecosystem as safe as possible for everyone. Slowmist offers a variety of services, including security audits, threat intelligence, bug bounties, defense implementations, security consultants, and other security-related services without limitation.

4. Cut

Hacken is a cybersecurity ecosystem founded by cybersecurity experts, Four specialists, and white hat hackers. Since its inception in 2017, Hacken has been educating and growing the ethical hacking community and building Web 3.0 cyber security startups. They offer a suite of end-to-end solution services including smart contract security audits, KYC background checks, penetration testing, and vulnerability bounty programs.

5. Solid proof

Solidproof is another German security company that specializes in project audits, KYC procedures, and highly secure data storage. Their team is made up of professional auditors and industry professionals with years of experience in the industry.

Solidproof’s services include smart contract audits, among others, and the company allows customers to request custom packages that include some or all of its services. In addition, Solidproof guarantees a high level of security for its customers’ data in accordance with the German DSGVO law. To do this, it stores all customer data on a private server that only the company can access.

6. la open zeppel

OpenZeppelin has now become a competent security company that specializes in smart contract security and auditing services. The company understands the challenges of building decentralized applications. To do this, it offers a comprehensive set of tools to help projects overcome the lack of proper development. Furthermore, their private and secure transaction infrastructure should help them automate Ether operations and deliver high-quality products faster.

Developers can integrate OpenZeppelin contracts into their projects using the native OpenZeppelin SDK. Additionally, bsc smart contract audit they can use the company’s gamification elements, such as Etherenaut, to identify smart contract bugs. The game allows users to participate in the Web3 — Solidity war game to crack smart contracts and find vulnerabilities and bugs.

Disclaimer : Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not and will not endorse any information about any company or individual on this page. Readers are encouraged to conduct their own investigation and take any action based on their own findings and not on any content written in this press release or sponsored post. Thecoinrepublic.com is not and will not be liable for any damage or loss caused directly or indirectly from the use of any content, product or service mentioned in this press release or sponsored post.

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About the Creator

cypher shield

Get your smart contracts audited and certified by leading smart contract security experts. Our smart contract audit services cover functionality, vulnerabilities, and gas efficiency. Talk to a consultant now to get started.

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