Amberdata Adds Automated Ethereum Blockchain Smart Contract Security Audits

Ethereum Smart Contract Security Audit Automated – Amberdata Develops Support for Automated Audits

Ethereum is growing in popularity with each passing day. Analysts report that Ethereum users deploy about 8,000 smart contracts daily, and this figure is expected to soar over the coming months. Concerns about security have risen in light of this development, and Amberdata has emerged as the pacemaker in facilitating security audits for Ethereum smart contracts.

Incorporating Byte Code Security Analysis and Smart Contract Static

Amberdata has taken a two-pronged approach in its latest move to automate security audits for Ethereum smart contracts. The system will combine the use of bytecode security analysis and smart contract static to detect vulnerabilities in smart contracts.

Amberdata has also catered for analysis using a simple and easy-to-read vulnerability score. The score will help determine the strengths or weaknesses of your Ethereum smart contract on a fixed scale – developers are yet to declare the scale. What’s more, the system comes with a console that bears metrics that offer insight into the health and state of users’ applications.

Amberdata has also offered several complementary features not related to security. Among these are smart contract real-time streaming and history logs. The real-time tracking logs enable you to monitor the utility of Ethereum smart contracts in real time to ensure that you do not miss out on any developments. The history logs, on the other hand, offers access to past activities on any smart contract in an easy-to-view time-series format. Combined, both of these features boost transparency and efficacy.

Boosting Speed and Efficiency

Ethereum smart contracts should meet two requirements that are absolutely necessary: they should be secure, and security protocols should be transparent and easily accessible to all. Security audits have been getting harder and more expensive to perform considering the influx of smart contracts on this platform. In fact, hiring security analysts do not guarantee full and efficient audits.

This security auditing automated system from Amberdata helps overcome these and other challenges.

Boosting Speed

For starters, it increases the speed at which security audits on Ethereum smart contracts are conducted by utilizing advanced software technology that is many times faster than ordinary software and human analysts. This helps free up a lot of time and, consequently, leads to faster turnarounds between customers and their clients.

This system from Amberdata has already performed comprehensive security audits on over 280,000 Ethereum smart contracts in the short period it has been operational – this should give you an idea of how fast it is.

Improving Efficiency

As mentioned, this system from Amberdata has already audited over 280,000 smart contracts. Results show that about 16% of these smart contracts have security vulnerabilities yet they had earlier been cleared. This is also meant to give you an idea of the system’s level of efficiency.


Ethereum is fast growing in popularity and more people prefer to make smart contracts based on this platform. User experience with respect to security is about to get even better now that Amberdata has launched an automated security audit system. However, this system is currently only available to Amberdata clients.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Is it that Time Again? Yes it is! The Market is giving All the Signs that it is an Alt Season

Everything is popping! Is anyone getting 2017 vibes? Tis' the time when gains floweth over. Today, even bitcoin jumped to $9,480 with $1.2 billion in ‘real’ trading...

South Korean Govt. Permits Blockchain-Based Free Trade Zone for Industrial Hemp After Amending 70 Year Old Narcotics Law

The South Korean government has granted a permit to Andong city in Gyeongbuk province of South Korea to run a free trade zone for...

Kraken and Binance Form New Partnerships to Offer More Fiat Funding Options

Amidst the flying altcoins and stuck Bitcoin, cryptocurrency exchanges continue to add new options to allow users to buy and sell digital assets. Kraken has...

India’s Tech Giant, Tata Consultancy Services (TCS), to Launch ‘Quartz' Crypto Trading Solution For Institutions

Tata Consultancy Services (TCS), a subsidiary of India’s largest tech firm, Tata, announced the launch of a crypto solution enabling traditional financial institutions to...

Nexo Collabs With Chainlink; Using Its Decentralized Oracle Network for Crypto Lending Transparency

Nexo’s, leading crypto lender will integrate Chainlink’s extensive Oracle Network to its platform in a bid to decentralize and secure its infrastructure as...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today