Smart Contract Auditors' Role in Blockchain Cyber Security Highlighted by Hashlock's Latest Service Enhancements

PRESS RELEASE
Published November 8, 2023

Hashlock, a pioneering smart contract auditing firm, today announced its enhanced suite of blockchain security services, underscoring its commitment to advancing the security and integrity of the rapidly evolving web3 landscape. The firm's comprehensive approach to blockchain security research and auditing has earned the trust of prominent platforms, with the CEO of Verida Network, Chris Were, attesting to the world-class service provided by the Hashlock team.

As blockchain technology becomes increasingly integral to financial and business operations globally, Hashlock's role in fortifying the underlying code against vulnerabilities is more crucial than ever. The company's rigorous audit process begins with an initial consultation, where Hashlock's experts engage clients to understand their specific blockchain application and security needs. This is followed by a meticulous project scoping phase, where the team reviews the code and technology to outline the audit or security service, complete with a detailed quote and timeline.

The preliminary report phase is pivotal, as Hashlock privately communicates its findings, including identified vulnerabilities and recommended fixes, to ensure clients have the opportunity to fortify their protocols before public release. Hashlock's adept team, drawing from their bug-bounty competition-like recruitment strategy, has proven exceptionally skilled at identifying a wide range of vulnerabilities, from critical to low severity, as well as gas optimization issues.

Hashlock’s diligence extends beyond the initial report, with a revision stage that re-audits the codebase to confirm that all issues have been addressed and no new vulnerabilities have been introduced. The final audit report is a testament to their meticulousness, providing clients with the option to make the results public, reinforcing the security and reliability of their project.

Moreover, Hashlock offers promotion and verification services to affirm the project's secure status on various digital platforms, alongside ongoing support including on-chain monitoring, bug bounty management, upgradeable security, and more. This holistic approach to blockchain security is part of Hashlock's mission to ensure that web3 innovations are both secure and successful.

In a rapidly fluctuating digital currency market, as reflected by the dynamic prices of major cryptocurrencies, the significance of reliable blockchain security cannot be overstated. Hashlock recognizes this imperative and offers a suite of services tailored to real-world applications. These range from smart contract security auditing, corporate blockchain security, to industry research, penetration testing, incident response, and on-chain monitoring, among others.

With the upcoming launch of blockchain cyber insurance, in collaboration with registered partners, Hashlock is poised to offer an additional layer of protection for projects and their communities, showcasing its proactive stance in adapting to the needs of the blockchain ecosystem.

Hashlock's founders and leadership team, with their origins rooted in academia and blockchain research, continue to shape the company's trajectory towards becoming a beacon of trust and innovation in the web3 space. The team's involvement in community events and functions, as well as their collaborative approach with clients and partners, further reinforces Hashlock's commitment to a secure and educated blockchain community.

About Hashlock

Hashlock is a trusted, fully independent smart contract auditing firm dedicated to ensuring the secure utilization of web3 innovations. Founded by Fletcher Roberts and Jock Haslam, Hashlock stands out in the industry through its accessible and responsive team, capable of uncovering and rectifying complex vulnerabilities and enhancing stakeholders' education and awareness.

Media Contact:

Name: Fletcher Roberts

Email Address: fletcher@hashlock.com.au

Website: hashlock.com.au

Location: Sydney, Australia

Disclaimer : There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. This is not investment advice. Please do your own research.

Release ID: 798634

Prodigy Press Wire

Your brand has a story. Prodigy Press Wire will help bring it to life.