Zilliqa and ChainSecurity Start Partnership To Upgrade Security Standards


A new partnership between two important companies was just signed. Zilliqa is set to team up with ChainSecurity in order to upgrade security and to fortify smart contracts. These two blockchain companies will start to work together to create more security tools and resources for the Zilliqa ecosystem.

One of the main goals of this project is to create smart contracts that can be safer than the ones which can be found in the market now. They will be created using the Scilla programming language, which is already used for the company’s projects.

ChainSecurity will be in charge of creating an extensive static analysis framework to be used in the projects, which is set to allow the developers who use the program to analyze their codes and correct all the possible issues that the program finds.

This technology will be used to verify non-trivial information about the security of the smart contracts and to identify their properties as well.

According to Petar Tsankov, the Chief Scientist at ChainSecurity, this important collaboration between the two blockchain companies started with an audit back in 2017 and, since then, the two companies are having a good time together by creating more knowledge and technology.

The president of Zilliqa, Amrit Kumar, affirmed that security is an important aspect of the ecosystem and it is a concern at every major step of the way.

Because of this, ChainSecurity has been important at devising ways in which the ecosystem can be optimized for security. According to them, this is just the first step of a partnership that will possibly last for a long time.

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