Best Blockchain Security Companies

The blockchain industry is evolving at a rapid pace. As of 2023, the total value of blockchain in the global market is projected to exceed $39.7 billion, nearly triple what it was in 2020. This exponential growth showcases the value of the industry and the potential it holds. 

Alongside this prosperity, however, comes the heightened threat of cyberattacks and security breaches. These concerns necessitate the need for robust security measures, including regular audits. To ensure trust, security, and legal compliance, businesses must seek the services of reputable auditing companies. This article highlights the top blockchain security companies that offer comprehensive security services, including smart contract audits and blockchain audits, to ensure the safety of your business in the crypto space.

Blaize has broad and deep expertise in security audits of different complexity. Feel free to discover our last smart contract security audit case.

Top Blockchain Security Companies

1. CertiK

CertiK is one of the best smart contract auditors in the blockchain industry. It provides an end-to-end security solution for blockchain projects, which includes the review and verification of smart contracts.

Top Features:

• DeepSEA: A high-level language that ensures greater security for smart contracts.
• CertiKShield: An insurance-like system to protect assets.

Experience & Cases:

• Conducted more than 200 audits for notable clients, including Binance and Tera.
• Secured over $70 billion of assets in smart contracts.

2. Slowmist

Slowmist is an auditor blockchain company with vast experience in the security field. They offer extensive blockchain security services, making them one of the top blockchain security companies.

Top Features:

• Offers full-scale audits including exchange security audits, blockchain ecosystem audits, and wallet security audits.
• Provides threat intelligence reports to clients.

Experience & Cases:

• Collaborated with top exchanges like Huobi and OKEx.
• Discovered more than 2,000 security vulnerabilities in various blockchain ecosystems.

3. Hacken

Hacken is among the top crypto audit companies, specializing in various cybersecurity audits, including blockchain audit and crypto exchange audits.

Top Features:

• Offers Bug Bounty services where ethical hackers help discover potential threats in your system.
• Provides Anti-Phishing services to protect companies from phishing attacks.

Experience & Cases:

• Conducted an audit for VeChain, discovering potential threats and suggesting countermeasures.
• Partnered with notable crypto companies like CoinGecko and Gate.io.

4. PeckShield

PeckShield, one of the best blockchain cybersecurity companies, offers a variety of security services, including code audits and threat intelligence.

Top Features:

• Provides a unique vulnerability database for clients.
• Offers a full-cycle security service encompassing pre-defense, during-defense, and after-defense.

Experience & Cases:

• Provided security services for leading blockchain companies, including EOS and TRON.
• Successfully discovered and mitigated various blockchain security vulnerabilities.

5. Trail of Bits

Trail of Bits stands as one of the top smart contract auditors, offering comprehensive audit services to blockchain projects.

Top Features:

• Offers security assessments and assurance plans for long-term engagements.
• Provides continuous assurance services to ensure ongoing security.

Experience & Cases:

• Assisted Parity in securing their Ethereum client following a multi-million-dollar security breach.
• Conducted over 50 blockchain security reviews for various companies.

6. Blaize.Security

Blaize.Security, a crypto audit company, sets itself apart with its focus on customized solutions for blockchain development and security audits.

Top Features:

• Offers full-cycle development services from idea to product launch.
• Provides comprehensive security audits, including blockchain audits and smart contract audits.

Experience & Cases:

• Assisted more than 60+ clients in the development and audit of their blockchain projects.
• Worked with leading DeFi and NFT projects, ensuring their blockchain security.

7. Kudelsky Security

Kudelsky Security is an international smart contract audit company with a solid reputation in the blockchain industry.

Top Features:

• Provides detailed audit reports, including design review, code review, and testing.
• Offers a Blockchain Security Center for long-term assistance and resources.

Experience & Cases:

• Conducted security audits for top-tier businesses like Tezos and Monero.
• Helped numerous crypto businesses enhance their security through expert assessments and tests.

8. Quantstamp

Quantstamp is renowned for its automated security checks of Ethereum smart contracts. This has made it one of the leading smart contract audit companies in the blockchain industry.

Top Features:

• Provides an automated tool for checking smart contract vulnerabilities.
• Performs manual audits by experts for complex systems.

Experience & Cases:

• Successfully audited more than 100 smart contracts.
• Worked with popular blockchain projects like OmiseGo and Binance.

What to Expect from Blockchain Security Companies?

Engaging with a blockchain security company involves a systematic process. Here’s a step-by-step guide on what to expect from these crypto auditing companies:

1. Initial Consultation: The first step typically involves an initial consultation or discovery call. During this phase, the company will assess your specific needs, understand your project’s scope, and define the audit’s objectives. They will ask about your blockchain application, smart contracts involved, and any specific areas of concern you might have.

2. Project Proposal and Contract: Based on the consultation, the security company will provide a detailed proposal that outlines the audit’s scope, timeline, cost, and terms and conditions. Once an agreement is reached, a contract is signed, and the project can officially commence.

3. Security Assessment: This is the core of the audit process. It involves a detailed review of your blockchain application and smart contracts. Auditors will examine the code to identify vulnerabilities and potential exploits. This stage involves both automated tools for initial scanning and manual reviews for an in-depth understanding.

4. Draft Audit Report: Once the security assessment is complete, the company will prepare a draft audit report. This document includes an overview of the audit, description of the findings (highlighting any vulnerabilities or issues found), and recommendations for remediation. Depending on the company, they may classify findings based on their severity to help you prioritize fixes.

5. Discussion of Findings: After delivering the draft report, most blockchain security companies will arrange a meeting to discuss the findings. They will go over each identified issue and propose solutions. This stage offers clients the opportunity to ask questions and understand the report’s content fully.

6. Remediation and Re-testing: After you’ve had the chance to fix the identified vulnerabilities, the security company can perform a re-test to ensure that all issues have been addressed appropriately. This process is vital for ensuring the security of your application.

7. Final Audit Report: Upon successful re-testing, a final audit report is issued. This report contains a detailed breakdown of all vulnerabilities identified, steps taken to resolve them, and confirmation that they have been adequately addressed.

8. Post-Audit Support: Good blockchain security companies offer post-audit support. This involves answering any further questions you might have and providing additional guidance if needed. Some companies may also offer ongoing security support or a subscription service to help ensure your blockchain application remains secure as it evolves.

Take, for instance, Blaize.tech, a leading blockchain security company. They follow a rigorous audit process where every step is meticulously carried out, ensuring the security of your project. Their detailed and comprehensive audit reports provide a thorough understanding of the security status of your application, while their post-audit support guarantees you’re not left in the lurch after the audit is complete.

How to Choose the Best Blockchain Security Company?

Choosing the right blockchain security company can be a daunting task. With numerous crypto security companies offering a variety of services, how do you make the right decision? Here’s a more detailed guide outlining the main points to consider when choosing a blockchain audit company:

1. Experience: The company’s experience is critical. Look for a firm with a strong blockchain and smart contract auditing track record. An experienced company would have dealt with different kinds of vulnerabilities and, therefore, would be better positioned to identify and fix potential issues in your project. Ask about the number of projects they have audited and the types of vulnerabilities they have encountered and resolved.

2. Case Studies: Case studies provide tangible proof of a company’s capabilities. They show how a company approaches an audit, the problems they’ve identified, and how they’ve helped their clients resolve these issues. A company that can provide case studies of their work demonstrates transparency and confidence in their services.

3. Reputation: Reputation goes hand in hand with experience. A reputable company is likely to deliver high-quality services. Look at online reviews, ask for client references, and check how the company is perceived in the industry. A company with a solid reputation is more likely to provide top-notch services.

4. Customer Care: The way a company treats its clients is an essential factor to consider. A good blockchain audit company will prioritize its clients, providing timely and professional responses. They should be willing to explain their process, answer your questions, and keep you updated on the audit progress. Consider how responsive they are and how well they communicate.

5. Price: Cost is always a factor. While you should not compromise security to save costs, it’s also important to ensure you’re getting value for your money. The cheapest option isn’t always the best, as they may not provide thorough audit services. On the other hand, the most expensive company may offer services that go beyond your actual needs. Try to find a balance between cost and quality of services.

6. Post-Audit Support: Audit is not a one-off process. After the audit, you might need further support to address the issues found or for future audits as your application evolves. It’s important to consider a company’s approach to post-audit support.

7. Detailed Reporting: A comprehensive audit report is one of the most valuable outcomes of an audit. The report should be detailed, easy to understand, and offer actionable recommendations. Look at the company’s sample reports if possible.

8. Industry Certifications: Certifications can be an added assurance of a company’s expertise. Check if the company holds any industry-relevant certifications or if they are affiliated with any recognized industry bodies.

Remember, the goal is to find a company that matches your specific needs. Therefore, clearly communicate your requirements and expectations, and don’t hesitate to ask questions. With careful research and consideration, you can find the right blockchain audit company for your project.

Why is Blaize.Security a Game-changing Decision for You?

Choosing Blaize.Security as your blockchain security partner can significantly influence your project’s success. Here’s why Blaize stands out among blockchain cybersecurity companies and is a game-changing decision for you:

1. Comprehensive Services: Blaize provides a full range of blockchain development and security audit services. Whether you need help with smart contract development, blockchain consulting, or a full-scale security audit, Blaize has got you covered.

2. Proven Expertise: With a strong team of blockchain developers, security analysts, and consultants, Blaize boasts a rich blend of industry expertise. The team’s hands-on experience in dealing with a multitude of blockchain platforms ensures they are equipped to handle any challenges your project may present.

3. Tailored Approach: Blaize adopts a custom-tailored approach to each project. They understand that every project has its unique needs and challenges, and they structure their audits to meet these specific requirements. This personalized approach ensures your project receives the attention it deserves.

4. Extensive Experience: Blaize’s portfolio speaks volumes about their experience. They have worked with many blockchain projects across different sectors, gaining invaluable experience and insights along the way. This depth of experience translates into high-quality service for you.

5. Transparent Process: Blaize places great emphasis on transparency. They keep you informed at every stage of the audit process, ensuring you know what’s going on at all times. You’re never left in the dark when you work with Blaize.

6. Comprehensive Reports: Blaize’s audit reports are in-depth, clear, and actionable. They don’t just highlight issues; they provide clear guidance on how to address them. This ensures you have the information you need to improve your project’s security.

7. Post-Audit Support: Unlike some companies that disappear after delivering the audit report, Blaize offers post-audit support. They are there to answer your questions and provide further guidance as you work on addressing the identified vulnerabilities.

8. Competitive Pricing: Blaize offers competitive pricing without compromising on the quality of service. They understand that every project has its budget constraints, and they strive to deliver top-quality service within your budget.

9. Trustworthy and Reputable: As a well-respected player in the blockchain community, Blaize has built a strong reputation for delivering reliable and effective blockchain security solutions. Their commitment to integrity and professionalism has earned them the trust of numerous clients worldwide.

With these unique advantages, partnering with Blaize.Security for your blockchain audit needs can be a game-changing decision. They bring a wealth of expertise to the table and a commitment to ensuring your project’s success. Whether you’re a start-up or an established enterprise, Blaize is ready to help you navigate the complexities of blockchain security.

Final Thoughts

The importance of a secure and robust blockchain ecosystem cannot be overstated. As the industry continues to grow, so does the need for comprehensive blockchain security services. It’s crucial to vet and analyze potential security partners carefully before making a choice. Remember, your choice of a blockchain security company can make or break the success of your project. As a trusted and reliable partner in blockchain security, Blaize is always ready to help ensure your venture is secure and successful.

Essential Links

Certik website

Slowmist website

Hacken website

PeckShield website

Trail of Bits website

Blaize.Security website

Kudelsky Security website

Quantstamp website

Frequently Asked Questions

1. What are some of the largest blockchain security companies providing top-rated services? 

Some of the largest and top-rated blockchain security companies include Blaize, CertiK, Slowmist, and Quanstamp. These companies boast extensive experience and provide comprehensive services ranging from smart contract auditing to full-scale blockchain consulting, serving a wide array of clients across the globe.

2. What is the importance of having an experienced team when conducting a blockchain security audit? 

An experienced audit team has a deep understanding of blockchain technology and the potential vulnerabilities that can arise. They can perform thorough scans of your project to detect any weak points and provide effective solutions, thereby enhancing the security and trustworthiness of your blockchain project.

3. How does a blockchain security company contribute to the success of a crypto business? 

A blockchain security company like Blaize helps ensure the integrity and safety of a crypto business. Through regular audits and vulnerability scans, they can identify and address potential issues, protecting the business and its clients from security threats. Their top-notch services increase trust and reliability, which are crucial for success in the crypto industry.

4. What does a blockchain security audit project typically involve? 

A blockchain security audit project typically involves a systematic examination of the smart contract code to identify potential vulnerabilities. This involves a thorough scan of the technology used, a detailed report outlining the findings, and recommendations for improving security. This process is crucial for ensuring the safety and reliability of blockchain-based projects.

5. How can a company’s consulting services improve the security rating of a blockchain project? 

Consulting services provided by blockchain security companies offer guidance on best practices and strategies to enhance project security. Through their expert advice, these companies can help improve the security rating of a blockchain project by identifying vulnerabilities and providing solutions, thereby instilling trust among clients and stakeholders.

Post author

Pavlo Horbonos

Head of Security Department