{"id":280571,"date":"2024-04-10T05:10:38","date_gmt":"2024-04-09T23:40:38","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=280571"},"modified":"2024-04-10T05:10:38","modified_gmt":"2024-04-09T23:40:38","slug":"the-ai-based-smart-contract-audit-firm-bunzz-audit-has-officially-launched-crypto-news-2","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/the-ai-based-smart-contract-audit-firm-bunzz-audit-has-officially-launched-crypto-news-2\/","title":{"rendered":"The AI-Based Smart Contract Audit Firm \u2018Bunzz Audit\u2019 Has Officially Launched &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p style=\"text-align: center\"><em><span class=\" author-d-4z65zz66zl57z75zyiz66zfr2fz87zwz89znujenz75z7bz84zvdj6jnbuee2wz86z5ehz74zz85zz86zfpz70zz76z\">April 9, 2024 \u2013 Singapore, Singapore<\/span><\/em><\/p>\n<hr \/>\n<blockquote>\n<h5>Comprehensive security checks are now possible at only 10% of the traditional cost. The price and report creation is 10 times faster and cheaper than traditional firms. This firm has optimized for projects that \u2018want to audit contracts but have limited budgets\u2019 or \u2018wish to conduct an initial audit during the development stage.\u2019<\/h5>\n<\/blockquote>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bunzz.dev\/\">Bunzz<\/a>, a Singapore-based Web 3.0 x AI tech startup launches <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bunzz.dev\/audit\">Bunzz Audit<\/a>, an AI-driven smart contract auditing service offering fast, cost-effective audits with actionable insights for security improvements, scanning contracts from over 100 perspectives using AI and an extensive database.<\/p>\n<h5><strong>Overcoming the challenges of traditional smart contract audits in blockchain projects<\/strong><\/h5>\n<p>Blockchain-related projects trade users\u2019 assets on-chain, and the smart contracts governing this logic are at risk of being attacked.<\/p>\n<p>As a measure, smart contract audits are conducted <span class=\" author-d-4z65zz66zl57z75zyiz66zfr2fz87zwz89znujenz75z7bz84zvdj6jnbuee2wz86z5ehz74zz85zz86zfpz70zz76z\">\u2013 <\/span>but users of existing major audit firms face the following challenges.<\/p>\n<ul>\n<li>The cost of traditional audit firms is very high <span class=\" author-d-4z65zz66zl57z75zyiz66zfr2fz87zwz89znujenz75z7bz84zvdj6jnbuee2wz86z5ehz74zz85zz86zfpz70zz76z\">\u2013 <\/span>from $10,000 to $1,000,000.<\/li>\n<li>Emphasis is placed on the \u2018seal of approval\u2019 from major audit firms, making the original goal of improving security a mere formality.<\/li>\n<li>Engaging an audit firm can delay product launches or token listings due to the time taken for audits.<\/li>\n<li>The accuracy of reports and the cost of communication can be unstable depending on the audit firm\u2019s personnel.<\/li>\n<\/ul>\n<p>As an approach to solve these issues, Bunzz, the smart contract development infrastructure, has researched and developed an AI-based audit service, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bunzz.dev\/audit\">Bunzz Audit<\/a>.<\/p>\n<p>In the open beta version in January 2024, Bunzz received a lot of positive feedback, and it has now officially launched Bunzz Audit as a formal version.<\/p>\n<p>Visit the product page <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bunzz.dev\/audit\">here<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-283019\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2024\/04\/Audit_Report_Sample_Page_Bunzz_Audit_1__1712303442uaS35iLgh2.jpg\" alt=\"\" width=\"810\" height=\"452\" \/><\/p>\n<h5><strong>The significance of using AI for smart contract audits<\/strong><\/h5>\n<p>The tasks performed by audit firms can broadly be classified as follows.<\/p>\n<ul>\n<li>Comparing clients\u2019 contracts with previously identified vulnerability patterns to detect vulnerabilities.<\/li>\n<li>Detecting vulnerabilities derived from project-specific logic or operational inconsistencies.<\/li>\n<\/ul>\n<p>For the first task, vulnerabilities in smart contracts are normally checked by humans reviewing the source code.<\/p>\n<p>However, due to variations in auditors\u2019 knowledge of vulnerability patterns and their detection capabilities, oversights due to human error are a current issue.<\/p>\n<p>In this regard, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bunzz.dev\/audit\">Bunzz Audit<\/a> owns a database of previously discovered vulnerability patterns and adopts an auditing method that scans code from over 100 perspectives.<\/p>\n<p>This approach allows for comprehensive coverage and accurate, omission-free vulnerability identification, which is physically impossible for humans.<\/p>\n<p>From the results obtained through research and development, Bunzz believes that for detecting vulnerability patterns as in the first task, a database plus AI approach is more suitable than a human approach.<\/p>\n<p>Regarding the second task of detecting vulnerabilities specific to a project\u2019s logic, this is not addressed by the above approach but rather by professional auditors from the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bunzz.dev\/audit\">Bunzz Audit<\/a> team (as an option).<\/p>\n<p>Clients can choose between two types of audits <span class=\" author-d-4z65zz66zl57z75zyiz66zfr2fz87zwz89znujenz75z7bz84zvdj6jnbuee2wz86z5ehz74zz85zz86zfpz70zz76z\">\u2013 <\/span>one that only reviews the code and another comprehensive audit that includes both the code and the project-specific logic.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-283020\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2024\/04\/BA_Price_1712303037hazI691vSd.jpg\" alt=\"\" width=\"810\" height=\"455\" \/><\/p>\n<h5><strong>Bunzz is currently distributing a promotion code for Bunzz Audit<\/strong><\/h5>\n<p>Currently, Bunzz is distributing a 10% discount promotion code for free. Using this code, audits are available for $1,791.<\/p>\n<p>The fee remains constant regardless of the amount of source code or the level of vulnerabilities found, allowing for the highest level of ROI in the industry. Please give it a try.<\/p>\n<p>Users can get their promotional code <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bunzz.dev\/audit\">here<\/a>.<\/p>\n<h5><strong>About Bunzz<\/strong><\/h5>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bunzz.dev\/\">Bunzz<\/a> is a leading company in Web 3.0 x LLM, operating Asia\u2019s largest DApps development infrastructure.<\/p>\n<p>We develop and provide various Web 3.0 infrastructures and services aimed at realizing \u2018smart contracts as a public good.\u2019<\/p>\n<p>Shareholders include Arriba Studio, Coincheck Labs, DG Daiwa Ventures, Gmjp, East Ventures, GMO AI &amp;Web3, GREE Ventures, Hyperithm, Kotaro Tamura, Kazutaka Mori, Mint, SPIRAL VENTURES, 01Booster Capital and Ceres.<\/p>\n<p>For more information, visit the links below.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.bunzz.dev\/\">Blog<\/a> | <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BunzzDev\">X<\/a> | <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/6hHgssJdvW\">Discord<\/a> | <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/@bunzzdev\">YouTube<\/a> | <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/bunzz\/mycompany\/\">LinkedIn<\/a> | <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lu.ma\/u\/usr-43XY6M0OXaGmrXo\">Luma<\/a><\/p>\n<h5><strong>Bunzz projects<\/strong><\/h5>\n<h5><strong>Contact<\/strong><\/h5>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2024\/04\/09\/the-ai-based-smart-contract-audit-firm-bunzz-audit-has-officially-launched\/mailto:info@bunzz.dev\">Trust Oyafemi<\/a>, developer relations manager at Bunzz<\/p>\n<div class=\"hideinamp\">\n<h6>This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.<\/h6>\n<p style=\"text-align: center\"><span style=\"font-family: verdana, geneva, sans-serif;font-size: 10pt\">Follow Us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif;font-size: 10pt\">Check out the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/industry-announcements\/\">Latest Industry Announcements<\/a> <\/span>\u00a0\n<\/div>\n<p>\u00a0<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>April 9, 2024 \u2013 Singapore, Singapore Comprehensive security checks are now possible at only 10% of the traditional cost. The price and report creation is 10 times faster and cheaper than traditional firms. This firm has optimized for projects that \u2018want to audit contracts but have limited budgets\u2019 or \u2018wish to conduct an initial audit [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":280572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-280571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/280571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=280571"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/280571\/revisions"}],"predecessor-version":[{"id":280574,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/280571\/revisions\/280574"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/280572"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=280571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=280571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=280571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}