ICON and CertiK Partner to Simplify Smart Contracts’ Verification Process


Korean-based blockchain platform, ICON reveals partnership with formal verification framework, CertiK. The duo’s decision to come together is considered a strategic move, as it will help to enhance security within the ICON ecosystem. In particular, CertiK’s advanced verification systems will help ICON platform as it starts to support decentralized applications (DApps).

 

This partnership comes right after ICON’s recent announcement of the ICX Station, which has been created with the intentions of “accelerating blockchain projects, pushing real world adoption and expanding the ICON Ecosystem.” The project will not only provide a platform that allows for testing of DApps, but also the necessary support, initial funding and resources that lead to success.

The partnership between ICON and CertiK does not seem to stop at helping to enhance the ICON ecosystem, as the latter’s Co-Founder, Ronghui Gu will serve as an advisor for the ICX Station. Now that ICON plans to encourage DApps, the need for more security makes sense.

According to CoinMarketCap, ICON’s native token, ICX, is currently sitting at a value of USD$0.64, which is down from its all-time high of USD$12 in the beginning of 2018. At the time of writing, the token’s value has increased by 3.86% against BTC.

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