SolidProof Blockchain Auditor Instrumental in Promoting Safety for DeFi Projects – Press release Bitcoin News – Bitcoin News

SolidProof Blockchain Auditor Instrumental in Promoting Safety for DeFi Projects – Press release Bitcoin News – Bitcoin News


PRESS RELEASE. SolidProof, an audit firm in Germany, has established a strategic partnership with Unicrypt, which plays a crucial role in the incubation and marketing of Defi projects.

Decentralized Finance is one of the most outstanding financial revolutions this century, with new projects coming up every other month.

As DeFi snowballs, potential investors have been attracted as well as hackers. Audit reports have become necessary for developers to ensure vulnerabilities are not present in the project’s source code.

Why Audit Checks?

A smart contract audit revamps the security in any blockchain project’s code. SolidProof’s team of auditors is good at sniffing out bugs that hackers can exploit.

Developers always want the assurance that their projects are making good progress and that they are not prone to DeFi hack. The blockchain auditor analyses critical vulnerabilities prone to manipulation for entire Defi projects.

Is Knowing your Customer(KYC) Important?

Knowing your customer and project auditing were introduced in the Defi to protect the average investor and the projects. Know-your customers, ascertain that the Defi service providers acquire adequate
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