PlasmaPay Partners with Certik to Provide next Level Security to the DeFi market
PlasmaPay is pleased to announce its partnership with CertiK, the market leading blockchain security firm. Under the terms of the agreement, we will collaborate with CertiK on an ongoing basis to secure Plasma Chain and other PlasmaPay products, to bring the highest level of security to DeFi.
CertiK will provide PlasmaPay with cybersecurity services including customized security audits and penetration testing. The audit firm will work on protecting all transactions and smart contracts by ensuring adherence at all times to the highest industry standards and by leveraging their proprietary technology and processes. This will include testing our smart contracts against potential attack vectors, and a thorough line-by-line manual review of our codebase.
We have worked with CertiK previously, with the company previously auditing our smart contracts in 2019. CertiK reported a ‘Pass’ grade, having found no vulnerabilities.
Ilia Maksimenka, CEO of PlasmaPay, said:
“We are excited to be partnering with CertiK to further secure PlasmaPay. The security of our users is our number one priority and is behind every decision we make. CertiK will provide the expertise and experience to help enforce this ethos and ensure that every element of PlasmaPay is fit for the mass market of users we hope to attract to use our platform.”
Yvan Nasr, Global Head of Professional Services at CertiK, commented:
“PlasmaPay is constantly innovating to bring new products to the broader blockchain market while making sure their security is above the trending curve. We’re excited to continue our ongoing relationship with PlasmaPay as a trusted security provider.”
About PlasmaPay:
PlasmaPay is a global cryptocurrency wallet and digital payments DApp (decentralized application) that provides fiat on/off ramp services via mobile and desktop apps to users from over 165 countries. Individuals and businesses can use the upcoming PlasmaPay dashboard to buy, sell or exchange digital assets and send or receive cross-border payments. Built on their own public blockchain tech called the Plasma DLT (distributed ledger technology), PlasmaPay aims to be the missing link that connects the underbanked and unbanked population with the DeFi ecosystem to provide them financial services without banks.
About CertiK
CertiK is a blockchain and smart contract verification platform founded by top formal verification professors from Yale and Columbia University and former senior software engineers from Google and Facebook. Expanding upon traditional testing approaches, CertiK utilizes mathematical theorems to objectively prove that source code is hacker-resistant to some of the most critical vulnerabilities. With the mission of raising the standards of cybersecurity, CertiK is backed by prominent investors, including Binance Labs, Lightspeed, Matrix Partners, and DHVC.
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