Smart Contract Audit Services | Smart Contracts Audit Development Company | Ethereum Smart Contract Audit Companies - Blockchain App Factory

Smart Contract Audit

Smart Contract is a blockchain-based protocol built to facilitate transactions and enforce agreements, removing the need for a middleman. Just like any other contract, a digital smart contract imposes a set of rules on all the parties involved. Once they agree on the clauses and all the requirements are met, the digital contract executes itself.

The digital contract has become pivotal to secure every blockchain business and application. Consequently, a Smart Contract Audit is also essential to make sure the contract is performing as expected, to prevent security breaches and hack attacks.

Smart Contract Audit Services


At Blockchain App Factory, we provide smart contract validation services for a variety of industries including Fintech, Security and Real Estate. Our end to end solutions makes sure that smart contracts on Blockchain and may AI in the future, are not susceptible to attacks and hacks.

ICO Smart Contract Audit

Smart Contract Audit for ICOs ensures that the functionality such as the soft cap, hard cap and so on remain unaffected after token-sale.

STO Smart Contract Audit

Security Tokens require a smart contract audit due to the compliance requirements that are embedded such as regulations for different jurisdictions.

Smart Contract Security Audit

It is important for smart contracts to be secure and our end to end smart contract security audit solution mitigates security threats on Decentralized Applications.

Ethereum Blockchain Smart Contract Audit


Ethereum is responsible for the golden age of blockchain applications and the popularity of computer-based protocols. The network allows us to program any type of digital contract, with highly customizable features. Our team of expert developers carry out Ethereum Smart Contract Audits. We perform a deep review of the contract architecture and codebase, highlighting the changes needed for it to be 100% secure. Code vulnerabilities can cost billions of lost capital to blockchain ventures, so it is time to take distributed ledger protection seriously. A Blockchain Security Audit can secure your system through verification, identifying failure spots and weak cryptography. With our Penetration Test, we simulate real hack attacks to find the ecosystem’s vulnerabilities and fix them accordingly.

Security Audit Platform

Blockchain App Factory offers complete solutions to analyze and identify any flaws on the Smart Contract code.

Our platform allows us to automate part of the audit process and detect the following points:

  • Security of the code
  • Whether the code and documentation correspond
  • If the code is optimized

Why Audit Blockchain and Smart Contracts?

Boosting Confidence of Investors/Traders

Investors and Traders prefer to invest in tokens and coins which have zero vulnerabilities, thereby, increasing the trust within the crypto-community ensuring the safety of the coins.

Reduced Time for Exchange Review

Exchanges take time to review the cryptocurrency for listing as they audit each and every token before listing. Pre-audited crypto reduces the time for the listing into the exchanges.

Investors and Trader Attraction

The community prefers tokens or coins which are pre-audited to resolve every vulnerability in the ecosystem especially in the smart contracts which become the target of hacks.

Regulatory Requirements in STOs

With STOs going to dominate the market in 2019, auditing smart contracts become critical, as it could be the difference between being compliant or breaking regulatory frameworks.

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Smart Contract Methodology


Manual Review

We will read the code line by line and identify high, medium and low-risk areas on the code and potential security vulnerabilities. We find faults in the business logic, discrepancies with the specification provided, and other flaws that could affect the functioning of the smart contract.

Manual Security Checks

A team of security specialists deploy smart contracts on to the testnet to assess them to find edge cases in your code. These include problems causing the locking the funds in the contract or percentile of referrals, bonuses, and so on being calculated wrongly.

Static Analytical Tools

Using static analysis, we identify vulnerabilities and categorize into high, medium and low. These vulnerabilities are related to the transaction-ordering dependence and front running, under or overflow bugs, reentrancy, and other bugs in the token or coin.

Dynamic Analytical Tools

Using dynamic analysis we automate assessments with regards to certain business logic to the critical areas of the blockchain and smart contract. Also, the identification of bugs in the test suite on smart contracts is critical to the application.

Steps of Smart Contract Auditing


Contact

Let’s talk about your Smart Contract! You send us the code to audit and tell us what is intended to do.

Quote

We share a quote. Quote approved, we move to the next step.

Audit

Using specific tools we audit the Smart Contract

Report

Auditing is done. The client receives a report with solutions and improvements to any issues found.

Fixes

We fix everything that needs to be fixed and the client reviews the changes.

Second Audit

To make sure all the details are set, we do a second auditing in Smart Contract.

Publish

Ready, set, go! The Smart Contract is ready to be published.

Smart Contract Audit for Industries


The use of the smart contract for industries has been on the rise and so is the need for auditing. At Blockchain App Factory we provide smart contract audit reports and also, help you fix the vulnerabilities in the system. The industries we serve are numerous and have helped clients develop & audit customized smart contract as per their requirements.

Supply Chain
Artificial Intelligence
Internet of Things
FinTech
RegTech
Voting
Betting
Real Estate
Entertainment
Insurance
Healthcare
Construction

Security Audit

(3-7 Days)

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Expert Audit

(2-3 Weeks)

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Comprehensive Audit

(3-5 Weeks)

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Customized Blockchain Audits

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Frequently Asked Questions


We rely on the latest technologies and the best of human talent. We will deliver the smart contract audits within a few days while customized blockchain audits take a couple of weeks.
Our services are cost-effective for Etherum Smart Contract Audits. Custom smart contracts and blockchain are priced on a per-project basis. Click here to Get Quote.
Our smart contract and security team can work on making the unit tests in comprehensive packaged audit services.
The report will outline potential vulnerabilities of the code along with recommendations to enhance security and analysis of the contract with respect to the latest security patterns. We will split the vulnerabilities into three: Low, Medium & High
We work in developing Security Tokens and Smart Contract for our clients. These include the development of smart contracts for USA’s SEC and Malta’s MFSA regulatory. Our team can confirm if the smart contract abides by the regulatory requirements such as the vesting period compliance, secondary trading within accredited investor and other requirements.
We will be sending you the report privately and can work on a Non-disclosure Agreement until the vulnerabilities are fixed. However, we recommend publishing the vulnerabilities after solving the issues and problems highlighted by Blockchain App Factory.
Our team has worked with a variety of technologies including but not limited to Solidity, Vyper, Bitcoin Scripting code, and many other languages. Our team is quick to learn any new technologies in the market and help you solve your problems.
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