30 likes | 43 Views
Binance Smart Chain joins forces with CertiK to accelerate security implementations in the rapidly expanding DeFi sector.<br><br>
E N D
Cybersecurity Firm CertiK Joins Forces with Binance Smart Chain Binance Smart Chain joins forces with CertiK to accelerate security implementations in the rapidly expanding DeFi sector. 2020 has demonstrated to be a critical year for DeFi. It has been an extensive topic of discussion in the blockchain space. DeFi enables users to manage their assets, allowing them to unfasten new value forms. Binance Smart Chain (BSC) has collaborated with CertiK to help projects build on top of the Binance Smart Chain build trust and follow best practices and raise security standards throughout the entire ecosystem. CertiK is a leading enterprise in blockchain cybersecurity. Intricate Details about Binance Smart Chain Binance Smart Chain, developed by Binance and global developers, is a dual-chain architecture. It promotes users to use one blockchain for developing digital assets and decentralized apps while trading quicker with
inexpensive transaction fees. Various DeFi projects are either exploring with their new ideas or porting their protocols to BSC. CertiK is a cybersecurity company. It strives to verify the blockchain ecosystem mathematically, and smart contracts are hacker-resistant and bug-free. CertiK has led strategic collaborations with the world’s top Exchanges like OKEx, Binance, Kucoin, and Huobi, as well as Public Chains like ICON, NEO, and QuarkChain. It is nurtured and financed by Binance Labs and other world’s driving investors like DHVC, FBG Capital, Bitmain, and Lightspeed. However, there can be no proper decentralized and permissionless products in the blockchain space without trust and security. The success of any blockchain depends on the correctness and robustness of the source code. This is where CertiK plays its role. CertiK will Provide Cybersecurity Services to Binance Smart Chain. CertiK will offer Binance Smart Chain with best-in-class cybersecurity services like customized security Additionally, it will also provide decentralized security products like CertiK Security Oracle scores and CertiKShield reimbursement pools. CertiK will further assure that transactions and smart-contract interactions on BSC follow the industry’s highest standards. However, CertiK’s technologies can recognize fraud and oozed sensitive information. Read More: https://cryptodose.co/cybersecurity-firm-certik-joins-forces-with-binance/ Follow Cryptodose for more updates. audits and penetration testing.