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SolidProof Will Soon Make Its Auto Audit Tool Available for Everyone

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Handewitt, Germany–(Newsfile Corp. – April 6, 2022) – After introducing the SolidProof Automated Auto Tool (SAAT), the German audit company is ready to make the product available on a large scale. We are all aware of the massive success that Decentralized Finance (DeFi) is having, but we cannot ignore its security and stability threats.

Solid Proof

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The developing team plans to release this significant update by the end of April, and users will finally be able to get their hands on this innovative tool.

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A New Exciting Feature Available for Everyone

In order to detect faults, mistakes, and inefficiencies in any DeFi project’s smart contract, SAAT uses pre-installed parameters. SolidProof’s skilled staff can accurately provide audit reports on time and transparently.

As a result, SolidProof can examine extremely complicated smart contracts thanks to its automated audits. Anyone familiar with smart contracts will quickly understand how challenging it can be to audit every one of them manually, which is why this feature attracts the market’s interest.

After the automatic review, SolidProof auditors deliver an audit report to the development team. The severity of current vulnerabilities is evaluated in this deliverable using three levels: critical, medium, and low.

The auditors then provide suggestions for resolving any remaining issues or inefficiencies in the system. They work with the project’s backers to resolve any flaws that have been discovered. In the end, the team produces the final audit report and a certificate proving that the project is safe for widespread usage.

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We expect to see SolidProof’s new tool at the end of the current month, promising to have an essential service for blockchain projects to detect hard-to-find. The system will play a key role in boosting DeFi projects’ safety and building trust with their customers.

Other Exciting News for SolidProof

To understand the success of SolidProof, one can find it helpful to look at the project “live tracker” feature that the audit company introduced in November 2021. This counter shows over 500 projects in SolidProof’s ecosystem, indicating that the group has a lifetime experience that goes beyond 1,000 crypto projects.

Among the teams that decided to trust SolidProof, we can find big names in the blockchain industry. If we wanted to mention just a few of them, we could include Cult DAO, UniCrypt, Kryxivia, and Arker.

But that’s not all: the marketing business is expanding every week and adding new services to the SolidProof media kit, which is available on the company’s website. Furthermore, the team began to award a “Gold Status” accreditation to the projects that follow the industry’s best-practice on its website and Twitter page.

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Finally, SolidProof has decided to expand its business in the Asian market. The team wishes to introduce several tools to overcome language obstacles and raise the level of verification for Asian professionals and documents providing KYC services.

About SolidProof

In order to protect DeFi investors, the German-based security company gives rising businesses the tools they need to find and fix any security gaps that may be exploited. Additionally, SolidProof provides KYC scanning services as part of its bespoke solution. Their job is to check clients’ transactional data to uncover fraud, money laundering, or terrorist funding issues.

For developers, the audit firm’s security solutions may be used to improve investor trust in SolidProof.io. Check out the social media accounts below to interact with the SolidProof community and learn more about how the business enhances the security of DeFi smart contracts.

Twitter | Telegram | Facebook | Twitter Insider

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Media Contact:
MAKE Solutions UG
Mails Nielsen
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119562

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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