Security audit for blockchain full node

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The Big Four Working Towards Blockchain Auditing
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• Saga of Deloitte
• Deloitte was the first of the four to enter the
  bitcoin industry in 2014.
• Since then, the business has constructed a centre
  in New York, established the first blockchain lab
  in Dublin, developed the Rubix advisory services,
  and most recently joined the Ethereum Enterprise
  Alliance and Hyperledger Project.
• Blockchain in a Box is a new Blockchain full node
  Audit Services technology that Deloitte has
  released.
• The site offers consumers access to blockchain
  experiments and demos.
• The platform, which consists of four tiny form
  factor computing nodes, network components, and
  three visual screens, is created as a
  self-contained technology that enables customers
  to test Blockchain-based applications.

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• PwC story
• PwC, though, was the only one of the four to take
  Bitcoin payments in 2017, and it has since
  perhaps become the most aggressive.
• The business offers a training programme designed
  to increase staff members familiarity with
  Blockchain and related technology.
• PwC has also collaborated with both public and
  private businesses to speed up the adoption of
  blockchain technology.
• In order to promote digital assets in a variety
  of industries, it also developed Vulcan Digital
  Asset Services.
• Finally, PwC has established 20 crypto teams with
  200 members across more than 350 nations.

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• KPMG role
• KPMG has a wide range of collaborations with many
  organisations in the international crypto
  community.
• Additionally, the business has published various
  publications on cryptocurrencies after studying
  them. DEX Audit services
• KPMG received a US patent in 2020 for a
  blockchain application that boosts confidence in
  methods of AI data management.
• EY move
• For tax reasons, EY introduced Crypto Asset
  Accounting and Tax (CAAT) software in March 2019.
• The app was developed to assist US users in
  filing cryptocurrency-related IRS tax returns. A
  few months later, EY released an open-source
  project called the Code of Nightfall to allow
  Ethereum blockchain users to transfer ERC-20 and
  ERC-721 tokens.

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• Baseline Protocol and Zero-Knowledge Proof
  technology are two other EY breakthroughs.
• Increasing role of blockchain code auditing
• The need of auditing procedures is becoming
  increasingly evident as the blockchain business
  expands.
• Setting performance, compliance, and security
  requirements with the use of auditing.
• Additionally, just like legal requirements,
  auditing promotes confidence among all industry
  stakeholders by making operations transparent.
• The four have been able to provide insight on
  audits for cryptocurrency and blockchain firms
  thanks to their present positions in the field.
• To promote the use of blockchain and
  cryptocurrencies, for instance, PwC introduced a
  blockchain audit service.

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• PwC specifically upgraded its Halo auditing
  package to support businesses doing
  cryptocurrency transactions.
• A Michael Smith, a partner at PwC, noted at the
  time that the auditing service will offer a
  third-party confirmation that the Blockchain
  Security Audit technology is functioning as
  intended.
• In terms of creating solutions for auditing
  cryptocurrency, EY is still in the forefront.
• EY established its Blockchain Analyzer with the
  express goal of providing services to
  organisations operating in the bitcoin industry.
• Recently updated, the Blockchain Analyzer may be
  used for a variety of things, including audits,
  Security audit for blockchain full node
  transaction monitoring, and taxes.
• The Blockchain made it easier for the EY audit
  teams to collect transaction data and analyse
  transactions.

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• The Big Four recently requested information on
  its staff members cryptocurrency investments for
  2021.
• compliance with the law by allowing them to
  report their cryptocurrency holdings.
• Conclusion
• It is imperative to change in order to
  accommodate the advancing technology.
• The Big Fours shift towards auditing has shown
  how crucial auditing is for blockchain
  initiatives.
• These businesses have the power and capability to
  make a difference in the sector.
• Additionally, by bridging the gap between
  haphazard code development and auditing
  standards, these businesses can foster the
  expansion of an ecosystem for blockchain project
  auditing.