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Cryptocurrency News Articles

AI Transforms Smart Contract Audits, Empowering Blockchain Projects with Unmatched Security and Value

Apr 09, 2024 at 05:53 am

Bunzz, a Singapore-based web3×AI tech startup, introduces "Bunzz Audit," an AI-driven smart contract auditing service. It offers fast and cost-effective audits 10 times cheaper than traditional firms, with comprehensive security checks scanning contracts from multiple perspectives. This service aims to address the limitations of traditional audit firms by providing actionable insights for security improvements, particularly for projects with limited budgets or those seeking early-stage audits.

AI Transforms Smart Contract Audits, Empowering Blockchain Projects with Unmatched Security and Value

AI Revolutionizes Smart Contract Audits, Empowering Blockchain Projects with Enhanced Security at Unprecedented Value

Singapore, April 9, 2024 - Bunzz, a pioneering Singapore-based Web3xAI tech startup, has unveiled "Bunzz Audit," an AI-driven smart contract auditing service that transforms the traditional audit paradigm. This groundbreaking service offers unparalleled cost-effectiveness, speed, and precision, empowering blockchain projects of all sizes to enhance their security posture without compromising their budget or timelines.

Overcoming the Limitations of Traditional Smart Contract Audits

Smart contracts, the cornerstone of blockchain technology, govern transactions and user interactions within the complex ecosystem. However, these contracts can be vulnerable to malicious attacks, making rigorous auditing essential to safeguard the integrity and assets of blockchain projects.

Traditional audit firms have long dominated this landscape, charging exorbitant fees (ranging from $10,000 to $1 million) for their services. This prohibitive cost has often made comprehensive audits inaccessible to many projects, especially startups and small-scale initiatives.

Moreover, the reliance on human auditors has introduced inconsistencies in report quality and accuracy, leaving projects vulnerable to potential oversights. Furthermore, the lengthy turnaround times associated with traditional audits have hindered project launches and token listings, creating unnecessary delays and frustrations.

Bunzz Audit: AI-Driven Excellence

Recognizing these challenges, Bunzz has harnessed the transformative power of AI to develop Bunzz Audit, an innovative solution that democratizes access to comprehensive security checks. This cutting-edge service leverages a comprehensive database of known vulnerability patterns and employs advanced algorithms to scan smart contracts from over 100 unique perspectives.

Unlike human auditors who may miss critical vulnerabilities due to limited knowledge or cognitive biases, Bunzz Audit's AI-driven approach ensures comprehensive coverage and accurate identification of potential security flaws. This level of precision is physically impossible for humans to achieve, providing unparalleled protection for blockchain projects.

Cost Savings and Efficiency Like Never Before

Bunzz Audit not only surpasses traditional audits in accuracy but also sets a new standard in cost-effectiveness. At a fraction of the price charged by legacy firms, Bunzz Audit offers comprehensive audits for a mere $1,791. This remarkable pricing model, combined with lightning-fast turnaround times, enables projects to allocate their scarce resources more efficiently and maximize their return on investment.

Customized Auditing Options for Every Need

Bunzz Audit's flexibility extends to tailoring audits to specific project requirements. Clients can choose between two audit options: a code-only review or a comprehensive audit that delves into project-specific logic. This allows projects to strike the optimal balance between cost and security based on their individual circumstances.

Transparency and Accessibility

Bunzz Audit is committed to transparency and accessibility, ensuring that all projects can benefit from its advanced capabilities. To this end, Bunzz is generously distributing a 10% discount promotion code, allowing clients to access audits for an even more competitive price.

Empowering a New Era of Blockchain Security

Bunzz Audit's disruptive technology has the potential to reshape the landscape of blockchain security. By providing cost-effective, precise, and rapid audits, Bunzz empowers projects of all sizes to prioritize security without straining their budgets or timelines.

This innovation will undoubtedly fuel the growth and maturity of the blockchain industry, enabling projects to confidently deploy their smart contracts with the assurance of robust protection. As a result, the entire ecosystem will benefit from enhanced trust, reliability, and the unlocking of new possibilities for blockchain-based applications.

About Bunzz

Bunzz is a leading Web3xAI tech company operating Asia's largest DApps development infrastructure. Driven by the mission to make "smart contracts a public good," Bunzz develops and provides a suite of Web3 infrastructure and services, including Bunzz Audit, Smart Contract Hub, DeCipher, and Bunzz for Enterprise.

Contact

Devrel Manager
Trust Oyafemi
Bunzzinfo@bunzz.dev

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