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Home»AI»Official launch of AI-powered smart contract audit service “Bunzz Audit”
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Official launch of AI-powered smart contract audit service “Bunzz Audit”

5gantennas.orgBy 5gantennas.orgApril 2, 2024No Comments4 Mins Read
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Bunzz Audit is an AI-based auditing company for blockchain applications in the Web3 space (Image: Business Wire)

Bunzz Audit is an AI-based auditing company for blockchain applications in the Web3 space (Image: Business Wire)

Sample audit report issued by Bunzz Audit (Image: Business Wire)Sample audit report issued by Bunzz Audit (Image: Business Wire)

Sample audit report issued by Bunzz Audit (Image: Business Wire)

Sample audit report issued by Bunzz Audit (Image: Business Wire)Sample audit report issued by Bunzz Audit (Image: Business Wire)

Sample audit report issued by Bunzz Audit (Image: Business Wire)

Comprehensive security checks now available at just 10% of the traditional cost

Pricing and reporting is 10x faster and cheaper than traditional companies

AI audit service ideal for projects such as “I want to audit contracts but have a limited budget” or “I want to perform an initial audit at the development stage”

Singapore, April 2, 2024–(BUSINESS WIRE)–Bunzz uses AI and an extensive database to scan contracts from over 100 perspectives for fast, cost-effective audits with actionable insights for security improvements. We will launch “Bunzz Audit,” an AI-driven smart contract audit service.

Overcoming the challenges of traditional smart contract audits in blockchain projects

Blockchain-related projects trade user assets on-chain, and the smart contracts that manage this logic are at risk of attack. As a countermeasure, “Smart Contract Audit” is being implemented, but users of existing major auditing firms are facing the following issues.

  • The cost of traditional auditing firms is very high (from USD 10,000 to USD 1 million).

  • The emphasis is on getting “certification” from major auditing firms, and the original purpose of “improving security” has become a mere facade.

  • If you hire an auditing company, the audit will take time, which may delay the product launch or token listing.

  • Report accuracy and communication costs may be unstable depending on the audit firm’s personnel.

As an approach to solving these issues, Bunzz, a smart contract development platform, has researched and developed “Bunzz Audit,” an auditing service that utilizes AI.

We conducted an open beta version in January of this year and received a lot of positive feedback, and now we have decided to officially start offering “Bunzz Audit” as an official version.

Product page: https://www.bunzz.dev/audit

Significance of using AI for smart contract audits

The operations of auditing firms are broadly classified as follows.

  1. Detect vulnerabilities by comparing client contracts to previously identified vulnerability patterns.

  2. Detect vulnerabilities due to inconsistencies in project-specific logic or operations.

In the first task, vulnerabilities in smart contracts are usually checked by humans reviewing the source code. However, auditors’ knowledge of vulnerability patterns and their ability to detect them varies, making oversight due to human error a current problem.

In this regard, Bunzz Audit has a database of previously discovered vulnerability patterns and employs auditing methods that scan code from over 100 perspectives. This approach enables comprehensive coverage and accurate and complete identification of vulnerabilities that would be physically impossible for humans.

From the results obtained through research and development, We believe that a database + AI approach is better suited than a human approach to detect vulnerability patterns like the first task.

As for the second task of detecting specific vulnerabilities in the project’s logic, it is not addressed by the above approaches and is (optionally) handled by the expert auditors of the Bunzz Audit team. Clients can choose from her two types of audits: audits that only review code, and comprehensive audits that include both code and project-specific logic.

We are currently giving away promo codes for Bunzz Audit.

We are currently distributing a free 10% discount promo code. Use this code to get Audit for $1,791 USD. Our pricing remains the same regardless of the amount of source code or the level of vulnerabilities found, enabling the highest ROI in the industry. Please, try it.

Get your promo code here: https://www.bunzz.dev/audit

Bunzz Pte Ltd Company Profile

Bunzz is a leading Web3×LLM company that operates one of the largest DApps development infrastructures in Asia. We are developing and providing various Web3 infrastructure and services with the aim of realizing “smart contracts as public goods.”

Contact Information

Company Name: Bunzz Pte Ltd
Location: 18 Robinson Road, #20-02 18 Robinson, Singapore 048547
Person in charge: Trust Oyafemi
Email: info@bunzz.dev
URL: https://www.bunzz.dev/
Shareholders: Arriba Studio, Coincheck Labs, DG Daiwa Ventures, gmjp, East Ventures, GMO AI&Web3, GREE Ventures, Hyperitm, Kotaro Tamura, Kazutaka Mori, mint, SPIRAL VENTURES, 01Booster Capital, Ceres

our project

Smart Contract Hub | Platform for sharing smart contracts (https://www.bunzz.dev/)
Decipher | “Read Me” for all contracts (https://www.bunzz.dev/depher)
Bunzz for Enterprise | Providing Tier 1 technical resources to Japanese companies (https://enterprise.bunzz.dev/ja)

social links

Bunzz Blog (https://blog.bunzz.dev/)
Twitter(X) (https://twitter.com/BunzzDev)
Discord community (https://t.co/6hHgssJdvW)
YouTube (https://www.youtube.com/@bunzzdev)
LinkedIn (https://www.linkedin.com/company/bunzz/mycompany/)
Luma (https://lu.ma/u/usr-43XY6M0OXaGmrXo)

View source version on businesswire.com. https://www.businesswire.com/news/home/20240401492318/ja/

contact address

Trust Oyafemi
info@bunzz.dev
https://www.bunzz.dev/





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