Locations
San Francisco, CA, USA · Warszawa, Poland
industry
Information Technology
Size
1 - 10 employees
Stage
Other
founded in
2024
Big financial players like BlackRock, Fidelity, or Deutsche Bank/DWS Group are rushing into the market of digital assets. The underlying infrastructure runs on smart contract rails; however, these contracts are subject to massive hacks and exploits. Despite manual Web3 security audits being done even by the top firms in the space, current hacks of smart contracts show that code vulnerabilities remain undetected, resulting in yearly losses of $4 billion and $79 billion in total since the inception of smart contracts 10 years ago. Plus, Web3 security audits are still manual, and up to 76% of the entire audit costs are wasted this way. TrustBytes aims to address this issue in this growing market by semi-automation and giving Web3 auditors superpowers with advanced AI technology. This way, TrustBytes supercharges the auditor's skills to make them 10 times faster and 10 times more effective in finding code vulnerabilities in smart contracts.
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