Smart Contract Audit

Ensuring Your Blockchain's Integrity

Michael W. High; Richard C. Kloch Jr., CPA; and David Uhryniak

Smart contracts – a computer code running on a blockchain that verifies or executes business processes – offer plenty of promises for organizations, from cost savings to security. But, as with any new technology, there are downsides as well. This article discusses the potential benefits – and challenges – smart contracts present, as well as the new auditing requirements and what kind of internal audit staffing and skills are necessary.

Smart Contract Audit: Ensuring Your Blockchain's Integrity
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