Cyber Security Firm CertiK Unveils Security-Centered Blockchain July 23, 2019 July 23, 2019 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJuly 23, 2019 by Kelly Cromley

Cyber Security Firm CertiK Unveils Security-Centered Blockchain

CertiK, a blockchain cybersecurity firm, has introduced its indigenous blockchain named CertiK Chain. Through a blog post, the CertiK Foundation revealed its latest launch.

CertiK Chain intends to offer extensively safe blockchain facilities, as per the announcement. Apparently, the complete nodes of this blockchain will operate on CertiKOS, which they claim is a “completely checked hypervisor / competitive OS kernel” that supposedly offers safety against spying efforts at military level.

The blog post also says that the blockchain is backed by the CertiK Virtual Machine, which utilizes the company’s Formal Verification system to ensure that it is properly enforced.

It is then possible to build smart contracts in the DeepSEA functional programming language, which is reported to ensure safety through the algorithm.

In addition, all on-chain smart contracts have cryptographic records that function as evidence of tested security; although, smart contracts with no such records could be executed with extra charges. One of CertiK’s allegations, according to the blog article, is that blockchains need sufficient safety to ramp up data handling capacity.

CertiK believes its blockchain can become a long-term choice that will encourage blockchain technology to be greatly adopted. CertiK presently provides blockchain-centered cybersecurity facilities through safety auditing, penetration testing and personalization of platforms, according to its portal.

The firm also has alliances with significant blockchain enterprises like Binance, as revealed by CertiK in January. March, the Ethereum Foundation funded the DeepSEA venture. The Qtum Open Source blockchain initiative also rewarded $400,000 to DeepSEA in December. The endeavor was headed by Columbia’s Professor Ronghui Gu, who is alreadyCertiK’s co-founder.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.