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Technical Implementation of Proof of Solvency

An audit tool to find proof of liability and proof of reserve

Live DemoSource Code

Technical Implementation of Proof of Solvency

Created At

ETHIndia 2022

Project Description

Auditors face challenges auditing a crypto exchange with large data sets. At the same time, we have seen some famous crypto exchanges getting bankrupt and sometimes giving wrong info on their balance sheet. They were also observed swiping cryptos without letting the User know about it since they manage users' custodial wallets. So for an audit firm its their responsibility to audit this in real-time.

How it's Made

  • Making perfect frontend: could not do
  • Making Markle tree solution for the large data set: made our own algorithm
  • Making proof of reserve and proof of liability at the same time: making an algorithm on our own and this became our own differentiator and this is a better solution than others.
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