In the world of blockchain technology, there is usually a saying that “Don’t trust, but verify.” If you critically examine this maxim, looking t it from the two sides of the coin, trust is an indispensable asset when it comes to blockchain.
Blockchain is the bedrock on which the entire decentralized system is built.
Although maintaining trust in blockchain-based systems is a difficult undertaking. Smart contract auditors can help in this situation.
This article will expose the top 10 smart contract auditors in 2023 that have earned a good reputation, upholding a high standard of trust and security.
A smart contract audit is a critical review and evaluation of processes carried out by experts to access the security, functionality and reliability of smart contracts.
The purpose of this audit is to identify vulnerabilities, coding errors or security flaws within the smart contract code.
The top 10 smart contract auditors in 2023 are:
This smart contract auditor is one of the leading companies providing cutting-edge security solutions for blockchain users on prominent DeFi platforms such as Aave, EOS, Tron and so on.
This Chinese-based audit security firm was founded in 2018.
The security firm gained traction through a discovery of issues with the Ethereum smart contract BatchOverflow loophole.
PeckShield provides services such as penetration testing, threat monitoring, DAppTotal, and CoinHolmes. The company however seeks to be a leading company in providing end-to-end protection for blockchain users.
One of the leading smart contract auditors in 2023 is ChainSecurty. This security audit is led by renowned university ETH Zurich, led experts.
ChainSecurity has worked with big named companies such as yearn.finance, Maker, Compound, Rarible, Curve and so on. The company has also achieved a great feat by helping PwC Switzerland improve its smart contract audit capabilities.
What makes the company stand out, is its automated audit platform that analyses smart contracts and protects user assets. ChainSecurity audit platform has secured more than $17B worth of assets.
Founded two years ago, Kudelski Security is a Swiss-based cybersecurity firm that provides consulting services as well as solution-based audit functions to top companies in the blockchain industry.
Some of its clients are Binance, Solana, Crypto.com, Input-output, Monero and Zcash.
The organization has completed over 200 security assessments, amassed a market capitalization of over $230 billion, and examined over 500,000 lines of code to date. The company offers consultancy services, technology efficiency, managed security, controlled detection and response, and incident management in addition to its blockchain security services.
Next is the Solidified. This is a prominent smart contract auditing firm with a strong reputation in the blockchain industry. Solidified uses a meticulous approach to auditing smart contracts. The approach includes code reviews, thorough contract logic and analysis for potential vulnerabilities and codebase.
One of the key strengths of this firm is its dedication to actionable insights and transparent reporting.
Consensys Diligence is a division of ConsenSys, a pioneer in the field of blockchain technology, and it brings a wealth of knowledge and experience to the table.
Contrary to the other companies on this list, Consensys focuses on creating cutting-edge blockchain software and apps for the Ethereum ecosystem. ConsenSys Diligence ensures that Ethereum applications are ready and secure. An experienced team of smart contract auditors along with blockchain security analysis tools accomplish this.
Over 100 blockchain enterprises have been effectively secured by the company, and over 200 issues have been found. The company has examined a number of projects, including 0x exchange, Aave, Balancer, and Uniswap.
OpenZeppelin corporate slogan is “the standard for secure blockchain applications.” the cybersecurity firm is prominent for its solidity libraries.
Like previous firms, teh company has also helped protect assets worth over $10 billion in organizations such as Ethereum Foundation, Coinbase, Compound, Aave and The Graph.
Besides this, OpenZeppelin was the first company to introduce gamification to identify security issues in smart contracts.
The blockchain security company called SlowMist, which was established in 2018, focuses on offering defence for the blockchain ecosystem.
SlowMist offers a range of other security-related products and services in addition to performing security audits and other related services. AML software, Vulpush (vulnerability monitoring), MistTrack, and SlowMist Hacked (crypto hack archives) are a few of them.
To add value to its services, the company has teamed with a number of national and international security companies, including Akamai, Cloudflare, FireEye, BitDefender, and IPIP.
One of the most well-known smart contract auditing businesses in the blockchain industry is Quantstamp. Their team is made up of security experts with PhDs who have worked for the biggest internet firms, including Google, Facebook, Apple, and Ethereum Foundation.
Numerous blockchain systems, including Ethereum 2.0, Solana, BNB Chain, Cardano, and protocols like Maker, Curve, and OpenSea have all been audited by the business. Its offerings include financial basic development for Layer 1 blockchain ecosystems, smart contract-powered NFT and DeFi applications, and auditing Layer 1 blockchain.
Certik employs the use of AI technology to protect and minimize errors in blockchain protocol and smart contracts.
The company which was founded in 2018 by professors at Yale University and Columbia University, has worked with over 3,700 company clients and secured over $364 billion worth of assets. some of the projects Certik has worked on include Aave, polygon, BNB SMart Cahin, Terra, and Chiliz.
The smart contract auditor is respected for its innovation through end-to-end security procedures.
Top on this list is Hacken. The leading blockchain security firm since 2017, has been making an effort to nurture and build an efficient blockchain security ecosystem. Toward this end, teh company has invested close to $1,5 million in Cer.live and also launched many projects such as Hacken.ai, hVPN, hPass, etc.
Currently, Hacken has worked with over 80 projects, including, Avalanche, VeChain, Huobi, Kyber, and a lot more.
Aside from being a blockchain security company, Hacken also provides a wide range of security services such as web/mobile penetration testing, vulnerability assessment and so on.
Smart contract audits are important to filter out any potential risk and project confidence in a project. Although they should not be viewed as a magical solution. This is because many of these smart contract auditors also still growing because of the technological advancement nature of blockchain, there is still room for mistakes.
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