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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Gbaf News

    Posted on August 2, 2018

    Featured image for article about Top Stories

    Data provenance platform receives a glowing report from audit leader Hosho

    Evident Proof, the platform that leverages the Ethereum blockchain to provide immutable evidence of the provenance of data records, has passed its smart contract audit by renowned audit experts Hosho – scoring a 100% rating for its testable code.

    It’s a huge endorsement from the global leader in blockchain technology security — which has awarded a score that far exceeds the industry standard.

    Smart contract audits are crucial because live code deployed on the blockchain can be difficult to rectify. However, many blockchain projects fail to complete a audit.

    Matt Roden, Evident Proof CTO, said: “We’re delighted to receive this endorsement from Hosho of our impeccable software development standards. We believed before this audit that our protocol was close to flawless. But we know our customers need transparency to put their trust in us for such an important service.

    “Hosho has a reputation for being the world’s most diligent smart contract auditors so this is an important milestone for us.”

    Evident Proof describes itself as an ‘Immutable Proof As A Service’ or ‘IPAAS’. It receives the data of a business, organisation or individual, encrypts it, then creates a unique signature – a seal – for each. These are stored in an immutable ledger, called a proof chain, which lives on both a private and a public blockchain.

    The platform aims to deliver businesses, organisations and individuals immutable proof certificates that verify the accuracy, completeness and time order of digital records it holds for them.

    Evident Proof’s management team has vast experience in running and building large-scale multinational IT platforms. CEO Adrian Clarke is a former CTO at Microsoft. And the Evident Proof team worked with Microsoft to develop its proof of concept.

    Hosho said: “The team of experts at Hosho, having backgrounds in all aspects of blockchain, cryptography, and cybersecurity, can say with confidence that the Evident-Proof contract is free of any critical issues.”

    Evident Proof is now putting in place a bug bounty program  to encourage further analysis of the smart contract by other third parties.

    The validation comes as Evident Proof helps a growing number of businesses, organisations and even individuals to justify and verify many of their data activities.

    Data provenance platform receives a glowing report from audit leader Hosho

    Evident Proof, the platform that leverages the Ethereum blockchain to provide immutable evidence of the provenance of data records, has passed its smart contract audit by renowned audit experts Hosho – scoring a 100% rating for its testable code.

    It’s a huge endorsement from the global leader in blockchain technology security — which has awarded a score that far exceeds the industry standard.

    Smart contract audits are crucial because live code deployed on the blockchain can be difficult to rectify. However, many blockchain projects fail to complete a audit.

    Matt Roden, Evident Proof CTO, said: “We’re delighted to receive this endorsement from Hosho of our impeccable software development standards. We believed before this audit that our protocol was close to flawless. But we know our customers need transparency to put their trust in us for such an important service.

    “Hosho has a reputation for being the world’s most diligent smart contract auditors so this is an important milestone for us.”

    Evident Proof describes itself as an ‘Immutable Proof As A Service’ or ‘IPAAS’. It receives the data of a business, organisation or individual, encrypts it, then creates a unique signature – a seal – for each. These are stored in an immutable ledger, called a proof chain, which lives on both a private and a public blockchain.

    The platform aims to deliver businesses, organisations and individuals immutable proof certificates that verify the accuracy, completeness and time order of digital records it holds for them.

    Evident Proof’s management team has vast experience in running and building large-scale multinational IT platforms. CEO Adrian Clarke is a former CTO at Microsoft. And the Evident Proof team worked with Microsoft to develop its proof of concept.

    Hosho said: “The team of experts at Hosho, having backgrounds in all aspects of blockchain, cryptography, and cybersecurity, can say with confidence that the Evident-Proof contract is free of any critical issues.”

    Evident Proof is now putting in place a bug bounty program  to encourage further analysis of the smart contract by other third parties.

    The validation comes as Evident Proof helps a growing number of businesses, organisations and even individuals to justify and verify many of their data activities.

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