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Description
Sherlock operates as a blockchain security platform that provides thorough audits of smart contracts, utilizing a unique hybrid approach that merges expert evaluations with crowdsourced audit competitions to uncover vulnerabilities that conventional methods tend to overlook. This innovative system combines the meticulous examination performed by leading security specialists with the motivated involvement of the worldwide security community, ensuring that the code is scrutinized extensively under contest-based financial incentives. Upon concluding an audit, Sherlock offers optional smart contract coverage, which could result in payouts of up to $500,000 USDC for any overlooked flaws, effectively aligning the platform's interests with those of its clients. Additionally, the platform facilitates ongoing bug bounty programs that require a minimal deposit for each submission to minimize irrelevant reports, while expert triaging guarantees that only significant vulnerabilities are communicated to clients. To enhance the fairness and transparency of the claims process, an unbiased third party oversees it, fostering trust within the community and among users. This comprehensive approach not only enhances security but also encourages a collaborative effort in identifying and addressing potential threats.
Description
The primary motivation for SAM audits is financial gain, with vendors aiming to generate 30% of their profits from these yearly evaluations. Consequently, the frequency of audits has increased, as evidenced by a Gartner survey indicating that 66% of companies have experienced audit requests. VeraTrust offers a comprehensive visual representation of the licensing landscape along with audit reports that facilitate reconciliation, assessment, and SAM self-audits. Beyond merely conducting audits, this process helps organizations regain authority over their software assets and harness the potential to turn inefficiencies into innovative solutions. VeraTrust utilizes a blockchain-based infrastructure to accurately track software license assets between customers and vendors, effectively minimizing audit disputes and compliance challenges. This access to blockchain records not only enhances the visibility of the licensing landscape but also enables the generation of detailed audit reports for thorough evaluation and self-assessment. Ultimately, this approach serves to thwart the occurrence of unanticipated hard audits imposed by software vendors, fostering a more transparent and manageable software compliance environment. By prioritizing effective license management, businesses can also focus on leveraging their software investments to drive growth and innovation.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Sherlock
Founded
2021
Country
United States
Website
sherlock.xyz/
Vendor Details
Company Name
LevelBlox
Founded
2008
Country
United States
Website
levelblox.com/veratrust/