PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner purchase order from Bitmain Technologies Limited. The executed purchase agreement is for 13,500 mining rigs from the leading ASIC mining manufacturer and aligns with Merkle Standard’s goal of becoming the industry’s most efficient and sustainable miner. […]
Critical comparison among the most prominent computer-aided design tools for PCB design with particular attention to applications related to power devices.
Financial markets, built on the premise of speculation, are natural breeding grounds for volatile price action. Crypto markets, in particular, are notorious for their excessive volatility which is the result of a myriad of factors such as the relative lack of liquidity, regulatory concerns, adoption-related developments, media hype, etc. Now, as a participant in this […]
The Federal Reserve has released its anticipated report on the feasibility of issuing a central bank digital currency (CBDC) in the United States. The Fed says the report serves as the first step to discussing the pros and cons of creating a CBDC with the general public and key stakeholders but notes that it does […]
In a galaxy far far away, there exists a decentralized exchange that doesn’t cost an arm and a leg to use… Osmosis is the most active decentralized exchange in the…
Your first job is always going to be frightening. You will feel anxious and nervous to speak your own opinion. I will go through a few points that I believe everybody should incorporate into their work and personal life.
NEW FILINGS Company: Dynasty Financial Partners Inc. Symbol: DSTY (Nasdaq) Description: They believe they are a leading provider of technology-enabled wealth management solutions and business services for financial advisory firms primarily focused on serving high net worth (“HNW”) and ultra-high net worth (“UHNW”) clients. Shares: TBD Price Range: TBD Trade Date: TBD Underwriters: Goldman Sachs,[…]
Auditing is among the most effective ways of keeping checks and balances in any organization. However, with the entire financial landscape shifting, the future of audits depends on a few key technological trends.
Solidproof provides a comprehensive auditing process, automation of many recurring tasks, and service execution. In 2021, the company's three founders saw an uncertain future for blockchain-based projects. This was primarily due to the scarcity of proper audit tools and numerous faulty protocols.
Nevertheless, they continued to invest their efforts into creating a more secure environment through extensive auditing solutions. Today, Solidproof has over 350 projects that range in size from industry-leading protocols to up-and-coming applications.
Additionally, the team behind Solidproof.io has worked hard to improve its services. To this end, they fine-tuned their business and continuously adapted to the market's changing needs. Just recently, they also announced the integration of marketing services to help the project further with their goals. Now, Solidproof plans to introduce its first smart contact automation, which should change the industry for the better.
The Solidproof Audit Process
Solidproof generates audit transparent and thorough reports that identify any problems or vulnerabilities within a protocol's code. Next, they classify and list these errors depending on their severity level - critical, medium, and low.
Additionally, Solidproof uses built-in KYC (Know Your Customer) standards. The company uses them to establish the users' identities and determine whether they pose money laundering risks. Furthermore, it helps protocols understand if potential investors get their funds from legitimate sources.
Lastly, Solidproof addresses privacy concerns by storing clients' data on high-encriptyon servers. This way, it ensures maximum security for potentially sensitive information. As a result, up-and-coming projects can rely on its safe approach to optimizing data storage.
The future looks bright for Solidproof. The company already becoming an industry leader in auditing solutions and expanding its services worldwide. Also, it is working tirelessly to achieve higher efficiency in audit and KYC to change the blockchain landscape forever.
Besides smart contact audit automation, the company team aims to increase security and ensure optimal privacy for its customers. While blockchain auditing may be challenging, Solidproof is off to an impressive start and will soon dominate the industry.