Blockchain audits The steps to ensure a network is secure

Blockchain platforms have become the focus of many technology conversations around the world over the past few years. This is because the technology not only lies at the heart of almost all current cryptocurrencies but also supports various independent applications. In this regard, it should be noted that the use of blockchain has penetrated many other novel sectors including banking, finance, supply chain management, healthcare and gaming.

As a result of this growing popularity, discussions regarding blockchain audits have grown considerably, and rightly so. Although blockchains allow decentralized peer-to-peer transactions between individuals and companies, they are not immune to the problems of hacking and third-party intrusion.