Quick Summary
- SolidProof is bringing innovations where they matter. SolidProof offers critical services for blockchain firms trying to detect hard-to-find flaws and give their smart contracts more assurance, and to do so, the company is using a smart tool called SAAT
Blockchain is no doubt one of the biggest inventions in decades, but there are still many problems in this sphere and it’s important to bring fairness and transparentness into this space. There’s one company that’s bringing security and trust into the projects, called SolidProof. Let’s have a look at this project.
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Problems & Solutions
Auditing is one of the most effective ways to ensure that a company’s checks and balances are in place. The future of audits, however, is dependent on a few important technology trends as the financial world shifts. Solidproof offers a thorough auditing procedure, as well as the automation of various regular processes and service delivery. The three founders of the company saw a bleak future for blockchain-based projects in 2021.
This was mostly due to a lack of appropriate audit tools and a plethora of flawed protocols. Despite this, they continued to invest in a more secure environment by implementing extensive auditing solutions. Solidproof now includes over 350 projects in various stages of development, ranging from industry-leading protocols to cutting-edge applications.
SolidProof Automated Auto Tool (SAAT)
SAAT scans any DeFi project’s smart contracts for defects, mistakes, and inefficiencies using pre-installed parameters. The experienced SolidProof team can deliver timely, accurate, and transparent audit reports free of human error by automating the entire code review process. SolidProof can evaluate highly complicated smart contracts that would be nearly difficult to review manually thanks to audit automation, enhancing the security of DeFi projects.
SolidProof auditors present the development team with an audit report after finishing the autonomous review process, which ranks the existing vulnerabilities according to their severity (Critical, Medium, and Low). The auditors then make recommendations to fix any loose ends or inefficiencies in the system. After that, they work with the project backers to correct the flaws that have been discovered before delivering a final audit report and a certificate proving that the project is safe for general usage.
The upcoming SolidProof auto tool looks to be a critical service for blockchain companies trying to detect hard-to-find flaws and give their smart contracts more assurance. The product will be critical in boosting DeFi project safety and developing confidence with their clientele.
A placeholder for the auto tool was been added by the SolidProof team. The placeholder allows launchpads like Unicrypt to embed the user-friendly SAAT on their websites, making it available to clients right now. The move makes it easier for DeFi companies conducting their presale on the platform to meet their audit requirements with only a few clicks before listing their token.
Conclusion
SolidProof aspires to be the leading provider of DeFi auditing solutions by combining world-class auto-tests with manual code inspections from a dedicated team of blockchain security specialists. Aside from smart contact audit automation, the company’s staff wants to improve security and ensure that its clients’ data is kept private. While blockchain auditing is difficult, Solidproof has made a strong start and may soon be the market leader.
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sources: solidproof, cointelegraph, globenewswire
author: Rene Remsik
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
