OceanEx Digital Asset Trading Platform To Use CertiK Blockchain Security Provider
OceanEx Partners CertiK To Improve Platform Security
OceanEx has announced a strategic partnership with CertiK. As a result, CertiK will provide security features to the OceanEx cryptocurrency exchange platform.
The OceanEx exchange is an integral component of the VeChain ecosystem. It is different from other crypto trading platforms in that it leverages AI to increase the efficiency of client transactions. CertiK, on the other hand, is a platform for provides security features to blockchain-based companies.
This partnership will underpin the core values of the OceanEx – providing an easy-to-use interface and guaranteeing security to their clients. CertiK will deploy their formal verification technology that safeguards smart contracts and blockchain platforms from cyber-attacks. Precisely, this technology will enhance the exchange's defense system, conduct penetration testing and provide code audits.
Nan XiaoNing, the CEO and founder of OceanEx, said that his exchange and CertiK share the same vision of promoting safety, fairness, and transparency in blockchain ecosystems. He added that they were excited by the prospect of working with CertiK to provide security to the crypto assets in the OceanEx exchange.
CertiK deals with the verification of blockchain networks and smart contracts to ensure they are invulnerable to hacking. It was established by former engineers from Facebook and Google as well as professors from Yale and Columbia University.
The unique formal verification technology uses mathematical theorems to prove that a network’s security system is safe from hacking and other similar threats. CertiK is supported by several notable players in the crypto industry, such as Binance Labs, Matrix Partners and Lightspeed and so on.