diff --git a/CHANGELOG.md b/CHANGELOG.md
index 126b48304..121d82466 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### Added
 - Add Rust specific build info to metadata - [#680](https://github.com/paritytech/cargo-contract/pull/680)
+- Add `verify` command - [#696](https://github.com/paritytech/cargo-contract/pull/696)
 
 ### Changed
 - Removed requirement to install binaryen. The `wasm-opt` tool is now compiled into `cargo-contract`.
diff --git a/crates/cargo-contract/src/cmd/build/mod.rs b/crates/cargo-contract/src/cmd/build/mod.rs
index b3fd8f429..ce51b950f 100644
--- a/crates/cargo-contract/src/cmd/build/mod.rs
+++ b/crates/cargo-contract/src/cmd/build/mod.rs
@@ -68,7 +68,7 @@ use std::{
 const MAX_MEMORY_PAGES: u32 = 16;
 
 /// Version of the currently executing `cargo-contract` binary.
-const VERSION: &str = env!("CARGO_PKG_VERSION");
+pub(crate) const VERSION: &str = env!("CARGO_PKG_VERSION");
 
 /// Arguments to use when executing `build` or `check` commands.
 #[derive(Default)]
diff --git a/crates/cargo-contract/src/cmd/mod.rs b/crates/cargo-contract/src/cmd/mod.rs
index 31a73208f..c1b2b7302 100644
--- a/crates/cargo-contract/src/cmd/mod.rs
+++ b/crates/cargo-contract/src/cmd/mod.rs
@@ -19,6 +19,7 @@ pub mod decode;
 pub mod metadata;
 pub mod new;
 pub mod test;
+pub mod verify;
 
 pub(crate) use self::{
     build::{
@@ -27,6 +28,7 @@ pub(crate) use self::{
     },
     decode::DecodeCommand,
     test::TestCommand,
+    verify::VerifyCommand,
 };
 mod extrinsics;
 
diff --git a/crates/cargo-contract/src/cmd/verify.rs b/crates/cargo-contract/src/cmd/verify.rs
new file mode 100644
index 000000000..d0f262892
--- /dev/null
+++ b/crates/cargo-contract/src/cmd/verify.rs
@@ -0,0 +1,196 @@
+// Copyright 2018-2022 Parity Technologies (UK) Ltd.
+// This file is part of cargo-contract.
+//
+// cargo-contract is free software: you can redistribute it and/or modify
+// it under the terms of the GNU General Public License as published by
+// the Free Software Foundation, either version 3 of the License, or
+// (at your option) any later version.
+//
+// cargo-contract is distributed in the hope that it will be useful,
+// but WITHOUT ANY WARRANTY; without even the implied warranty of
+// MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
+// GNU General Public License for more details.
+//
+// You should have received a copy of the GNU General Public License
+// along with cargo-contract.  If not, see <http://www.gnu.org/licenses/>.
+
+use crate::{
+    cmd::{
+        build::{
+            execute,
+            ExecuteArgs,
+            VERSION,
+        },
+        metadata::BuildInfo,
+    },
+    maybe_println,
+    workspace::ManifestPath,
+    BuildArtifacts,
+    Verbosity,
+    VerbosityFlags,
+};
+use anyhow::{
+    Context,
+    Result,
+};
+use colored::Colorize;
+use contract_metadata::{
+    ContractMetadata,
+    SourceWasm,
+};
+
+use std::{
+    fs::File,
+    path::PathBuf,
+};
+
+/// Checks if a contract in the given workspace matches that of a reference contract.
+#[derive(Debug, clap::Args)]
+#[clap(name = "verify")]
+pub struct VerifyCommand {
+    /// Path to the `Cargo.toml` of the contract to verify.
+    #[clap(long, value_parser)]
+    manifest_path: Option<PathBuf>,
+    /// The reference Wasm contract (`*.contract`) that the workspace will be checked against.
+    contract: PathBuf,
+    /// Denotes if output should be printed to stdout.
+    #[clap(flatten)]
+    verbosity: VerbosityFlags,
+}
+
+impl VerifyCommand {
+    pub fn run(&self) -> Result<()> {
+        let manifest_path = ManifestPath::try_from(self.manifest_path.as_ref())?;
+        let verbosity: Verbosity = TryFrom::<&VerbosityFlags>::try_from(&self.verbosity)?;
+
+        // 1. Read the given metadata, and pull out the `BuildInfo`
+        let path = &self.contract;
+        let file = File::open(path)
+            .context(format!("Failed to open contract bundle {}", path.display()))?;
+
+        let metadata: ContractMetadata = serde_json::from_reader(&file).context(
+            format!("Failed to deserialize contract bundle {}", path.display()),
+        )?;
+        let build_info = if let Some(info) = metadata.source.build_info {
+            info
+        } else {
+            anyhow::bail!(
+                "\nThe metadata does not contain any build information which can be used to \
+                verify a contract."
+                .to_string()
+                .bright_yellow()
+            )
+        };
+
+        let build_info: BuildInfo =
+            serde_json::from_value(build_info.into()).context(format!(
+                "Failed to deserialize the build info from {}",
+                path.display()
+            ))?;
+
+        tracing::debug!(
+            "Parsed the following build info from the metadata: {:?}",
+            &build_info,
+        );
+
+        // 2. Check that the build info from the metadata matches our current setup.
+        let expected_rust_toolchain = build_info.rust_toolchain;
+        let rust_toolchain = crate::util::rust_toolchain()
+            .expect("`rustc` always has a version associated with it.");
+
+        let rustc_matches = rust_toolchain == expected_rust_toolchain;
+        let mismatched_rustc = format!(
+            "\nYou are trying to `verify` a contract using the `{rust_toolchain}` toolchain.\n\
+             However, the original contract was built using `{expected_rust_toolchain}`. Please\n\
+             install the correct toolchain (`rustup install {expected_rust_toolchain}`) and\n\
+             re-run the `verify` command.",);
+        anyhow::ensure!(rustc_matches, mismatched_rustc.bright_yellow());
+
+        let expected_cargo_contract_version = build_info.cargo_contract_version;
+        let cargo_contract_version = semver::Version::parse(VERSION)?;
+
+        // Note, assuming both versions of `cargo-contract` were installed with the same lockfile
+        // (e.g `--locked`) then the versions of `wasm-opt` should also match.
+        let cargo_contract_matches =
+            cargo_contract_version == expected_cargo_contract_version;
+        let mismatched_cargo_contract = format!(
+            "\nYou are trying to `verify` a contract using `cargo-contract` version \
+            `{cargo_contract_version}`.\n\
+             However, the original contract was built using `cargo-contract` version \
+             `{expected_cargo_contract_version}`.\n\
+             Please install the matching version and re-run the `verify` command.",
+        );
+        anyhow::ensure!(
+            cargo_contract_matches,
+            mismatched_cargo_contract.bright_yellow()
+        );
+
+        // 3. Call `cargo contract build` with the `BuildInfo` from the metadata.
+        let args = ExecuteArgs {
+            manifest_path: manifest_path.clone(),
+            verbosity,
+            build_mode: build_info.build_mode,
+            network: Default::default(),
+            build_artifact: BuildArtifacts::CodeOnly,
+            unstable_flags: Default::default(),
+            optimization_passes: build_info.wasm_opt_settings.optimization_passes,
+            keep_debug_symbols: build_info.wasm_opt_settings.keep_debug_symbols,
+            skip_linting: true,
+            output_type: Default::default(),
+        };
+
+        let build_result = execute(args)?;
+
+        // 4. Grab the built Wasm contract and compare it with the Wasm from the metadata.
+        let reference_wasm = if let Some(wasm) = metadata.source.wasm {
+            wasm
+        } else {
+            anyhow::bail!(
+                "\nThe metadata for the reference contract does not contain a Wasm binary,\n\
+                therefore we are unable to verify the contract."
+                .to_string()
+                .bright_yellow()
+            )
+        };
+
+        let built_wasm_path = if let Some(wasm) = build_result.dest_wasm {
+            wasm
+        } else {
+            // Since we're building the contract ourselves this should always be populated,
+            // but we'll bail out here just in case.
+            anyhow::bail!(
+                "\nThe metadata for the workspace contract does not contain a Wasm binary,\n\
+                therefore we are unable to verify the contract."
+                .to_string()
+                .bright_yellow()
+            )
+        };
+
+        let fs_wasm = std::fs::read(built_wasm_path)?;
+        let built_wasm = SourceWasm::new(fs_wasm);
+
+        if reference_wasm != built_wasm {
+            tracing::debug!(
+                "Expected Wasm Binary '{}'\n\nGot Wasm Binary `{}`",
+                &reference_wasm,
+                &built_wasm
+            );
+
+            anyhow::bail!(format!(
+                "\nFailed to verify the authenticity of {} contract againt the workspace \n\
+                found at {}.",
+                format!("`{}`", metadata.contract.name).bright_white(),
+                format!("{:?}", manifest_path.as_ref()).bright_white()).bright_red()
+            );
+        }
+
+        maybe_println!(
+            verbosity,
+            " \n{} {}",
+            "Succesfully verified contract".bright_green().bold(),
+            format!("`{}`!", &metadata.contract.name).bold(),
+        );
+
+        Ok(())
+    }
+}
diff --git a/crates/cargo-contract/src/main.rs b/crates/cargo-contract/src/main.rs
index afdbf2363..6d5806c1f 100644
--- a/crates/cargo-contract/src/main.rs
+++ b/crates/cargo-contract/src/main.rs
@@ -34,6 +34,7 @@ use self::{
         InstantiateCommand,
         TestCommand,
         UploadCommand,
+        VerifyCommand,
     },
     util::DEFAULT_KEY_COL_WIDTH,
     workspace::ManifestPath,
@@ -504,6 +505,9 @@ enum Command {
     /// Decodes a contracts input or output data (supplied in hex-encoding)
     #[clap(name = "decode")]
     Decode(DecodeCommand),
+    /// Verifies that a given contract binary matches the build result of the specified workspace.
+    #[clap(name = "verify")]
+    Verify(VerifyCommand),
 }
 
 fn main() {
@@ -570,6 +574,7 @@ fn exec(cmd: Command) -> Result<()> {
                 .map_err(|err| map_extrinsic_err(err, call.is_json()))
         }
         Command::Decode(decode) => decode.run().map_err(format_err),
+        Command::Verify(verify) => verify.run(),
     }
 }
 
diff --git a/crates/metadata/src/lib.rs b/crates/metadata/src/lib.rs
index 4735dabaf..41786bbf2 100644
--- a/crates/metadata/src/lib.rs
+++ b/crates/metadata/src/lib.rs
@@ -166,7 +166,7 @@ impl Source {
 }
 
 /// The bytes of the compiled Wasm smart contract.
-#[derive(Clone, Debug, Deserialize, Serialize)]
+#[derive(Clone, Debug, Deserialize, Serialize, PartialEq, Eq)]
 pub struct SourceWasm(
     #[serde(
         serialize_with = "byte_str::serialize_as_byte_str",