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DFINITY Foundation (ICP) Joins Blockchain Security Alliance

August 9, 2023
in Blockchain
Reading Time: 2 mins read
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The DFINITY Basis, the ICP token issuer, a number one contributor to the Web Laptop blockchain, has introduced its membership within the Blockchain Safety Alliance, a collaborative initiative geared toward enhancing the safety of the worldwide blockchain ecosystem. The announcement was made on August 9, 2023.

The Blockchain Safety Alliance, launched by Beosin and SUSS NiFT, consists of varied entities from numerous business backgrounds, together with college establishments, blockchain safety corporations, business associations, and fintech service suppliers. The alliance’s first batch of board members contains Beosin, SUSS NiFT, NUS AIDF, BAS, FOMO Pay, Onchain Custodian, Semisand, Coinhako, ParityBit, and Huawei Cloud.

The Web Laptop blockchain, developed by DFINITY, introduces autonomous serverless cloud performance to the general public web. This innovation permits builders to construct programs or providers totally on a decentralized community utilizing “canister software program,” an evolution of sensible contracts.

DFINITY’s membership within the Blockchain Safety Alliance emphasizes the significance of collaboration and cooperation amongst members to strengthen safety throughout the blockchain business. Herbert Yang, DFINITY GM of Asia, acknowledged, “Safety has all the time been one in all DFINITY’s prime issues as a decentralized web computing platform. With 42 members at current, the Alliance stands as a united entrance dedicated to safeguarding the integrity and safety of the blockchain business.”

Beosin, a founding member of the alliance, performs an important position in enhancing the safety of the ecosystem. The corporate affords a complete “All-in-one” blockchain safety answer, together with Good Contract Audits, Danger Monitoring & Alerts, KYT/AML, and Crypto Tracing. Beosin has audited over 3000 sensible contracts, together with well-known Web3 initiatives like PancakeSwap, Uniswap, DAI, and OKSwap.

Along with its safety providers, Beosin has not too long ago performed audits for 2 ICP initiatives, MID and Catalyze, reflecting its dedication to the safety of the ICP ecosystem.

Tommy Deng, Managing Director at Beosin, expressed delight at DFINITY’s participation, saying, “Along with DFINITY and different Alliance members, we attempt to ascertain an ecosystem the place innovation thrives amidst sturdy safety measures.”

The Blockchain Safety Alliance has been energetic in internet hosting occasions and producing reviews on blockchain ecosystem safety. Final 12 months’s inaugural occasion, “ENABLING A DIVERSE ECOSYSTEM IN WEB3.0,” noticed vital participation from alliance members.

As co-organizers, Beosin and SUSS NiFT have welcomed DFINITY’s participation and pledged to additional the alliance’s work in contributing to the safety improvement of the blockchain business.

Picture supply: Shutterstock

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Tags: allianceBlockchainDfinityFoundationICPJoinssecurity
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