Solidproof Obtains Licenses for its Transformational Auto Audit Tool Solution

[PRESS RELEASE – Handewitt, Germany, 3rd March 2022]

Solidproof is proud to announce that they’ve secured licenses for their auto device, which has the potential to take DeFi auditing to the subsequent degree. The device’s beta model is out there to devoted events who will assist with testing and ultimate growth.

Dubbed the Solidproof Automated Audit Tool (SAAT), the newly-launched product seeks to hurry up the audit course of, permitting the agency to carry certainty to a number of blockchain tasks. SAAT introduces superior code evaluation that’s way more environment friendly at discovering loopholes and inefficiencies than guide exams.

The auto device can scrutinize complicated sensible contracts and flag severe vulnerabilities equivalent to timestamp dependencies and DOS assaults that hackers can exploit. The resolution is designed to run exams that simulate precise transactions to look at how the protocol reacts to totally different real-life eventualities.

The Solidproof founders launched their DeFi safety resolution to safe billions in person funds locked in varied DeFi protocols. Per a report from main blockchain knowledge platform Chainalysis, the sector is plagued with rug pulls and different scams that stay the most important menace to belief within the crypto sphere.

To defend DeFi traders from crypto-based crime that generated revenues near file highs in 2021, Solidproof introduces distinctive audits and KYC procedures made in Germany. The agency’s options have helped safe 350+ protocols, constructing confidence in DeFi, probably the most profound monetary revolution of the previous decade.

Solidproof’s safety companies fuse autonomous and guide audit exams with wonderful KYC procedures to bolster the protection of crypto tasks and foster adoption within the promising sector. The German-based audit agency has personalized its tech to cater to ever-changing market circumstances within the crypto and DeFi sphere.

The company integrates high-quality KYC options to assist rid the DeFi sector of malicious founders and token builders. The KYC course of additionally establishes buyer id, defending rising blockchain tasks from corruption and terrorist financing dangers.

Solidproof achieves unprecedented DeFi safety by way of its dependable and inexpensive code audits that assist protocols root out bugs and inefficiencies that would result in catastrophic hacks.

About Solidproof

Solidproof is a number one blockchain auditor that seeks to safe the skyrocketing worth locked in a whole lot of DeFi tasks. The agency is dedicated to rooting out scammers who exploit DeFi tasks, eroding belief within the nascent business.

The blockchain safety supplier leverages state-of-the-art audit and KYC companies to supply customized, detailed, and clear audit outcomes that DeFi market contributors can belief. Solidproof automates the sensible contract auditing course of to ship correct audit instruments that assist safe all the DeFi panorama.