Hashlock

BACKGROUND

Please describe your company and position.

I am the CEO of ItsCommonsense Pty Ltd T/as CSENS

Describe what your company does in a single sentence.

We use a web 3 rewards system to incentivise business and consumer choices to better ESG outcomes.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Hashlock to accomplish?

• Our goal was to audit our comprehensive system of web 3 smart contracts.
• To promote the integrity and security of our Web 3 product

SOLUTION

How did you find Hashlock?

direct contact

Why did you select Hashlock over others?

• Good value for cost
• Company values aligned
• Good sales consulting

Describe the scope of work in detail. Please include a summary of key deliverables.

We have designed a unique system of symbiotic smart contracts to facilitate a comprehensive application incentivising businesses and consumers towards ESG outcomes. We needed to independently audit the functionality and security in preparation for a public launch in the Fintech sector.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

After 5 years of research and development, we had built a comprehensive system of smart contracts and the burden of accuracy and functionality with no real external quality control to ensure the security of our product to be employed in the Fintech industry. Hashlock was employed to audit our whole project helping to complete and identify any vulnerabilities for mitigation and correction. This is very important to do before taking our product to implementation in the market. 

Our confidence has been increased by the confirmation of the quality of work our development team has already achieved. Additionally, some areas of challenge and correction have been identified to further improve the quality of our work. This has fulfilled the purpose of the audit with an emphasis on the duty of care to our customers.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Haslock has been consistent in their communications and the actions taken on our behalf. They have delivered a considerate report that has added value to our organization.

What was your primary form of communication with Hashlock?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Their willingness to listen to our unique needs and be agile in their response. Always well-mannered and considerate in their consulting approach.

Are there any areas for improvement or something Hashlock could have done differently?

The process of Auditing done properly had a greater value than we had expected. With further investigation, we have found that they were reasonable in the valuation of their offer. In early consultation and pricing, they could have better prepared us to understand the real cost of a thorough auditing process, and we initially reacted to test the integrity of their offer. 

To Hashlocks credit, they were grateful for all critique and sought to address any areas of misunderstanding on our part. In hindsight, they gave us a very fair and reasonable offer and embrace all feedback as a learning experience.

BACKGROUND

Please describe your company and position.

I am the COO of Verida

Describe what your company does in a single sentence.

Verida is a decentralized network of storage nodes for Web3 apps, the network enables users to own their data via encrypted document databases.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Hashlock to accomplish?

• Security audit of smart contract

SOLUTION

How did you find Hashlock?

Networking event

Why did you select Hashlock over others?

• Close to my geographic location
• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Hashlock were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Conduct a security audit of ethereum smart contracts prior to Verida going to mainnet. Audit the solidity code within the Verida Protocol. The scope of works included a comprehensive review of the smart contracts. Including the testing of smart contracts to check for their security and efficiency. And testing including both manual and software assisted analysis.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Audit report was delivered with findings from the engagement.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Hashlock were highly responsive, kept to their timelines and and delivered on the outcomes as per the scope of work.

What was your primary form of communication with Hashlock?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

We were delighted with their highly personalized service. Excellent communication and service was tailored to our needs.

Are there any areas for improvement or something Hashlock could have done differently?

None.