05/09/2023 03:48 PM

KUALA LUMPUR, Sept 5 (Bernama) -- CertiK, the industry leader in blockchain cybersecurity, has completed a rigorous audit of the Finschia Foundation's third-generation public blockchain and Ostracon consensus mechanism.

CertiK is also joining the network as a governance member and validator node operator, in which this multi-faceted collaboration ensures the realisation of shared core principles including security, transparency and performance.

“CertiK’s collaboration with the Finschia Foundation demonstrates our commitment to delivering world-class security solutions and actively participating in the governance and validation of blockchain networks.

“We are thrilled to continue our work together and build toward the Web3 vision,” said CertiK Chief Business Officer, Jason Jiang in a statement.

The audits focused on testing smart contracts against potential attack vectors, ensuring the logic met client specifications, and cross-referencing the contract structure with similar leading smart contracts in the industry.

Through a meticulous Web3 security analysis by expert auditors, CertiK evaluated the consistency, performance and scalability of the technology.

CertiK's participation as a governance member further strengthens the Finschia Foundation's mission to democratise blockchain governance and ensure transparent decision-making.

Meanwhile as a node validator, CertiK will play a crucial role in maintaining the network's integrity and performance, building on the company's unwavering commitment to delivering state-of-the-art security solutions to the blockchain industry.

This partnership between CertiK and the Finschia Foundation signifies a unified mission to establish trust and security in the blockchain industry, reinforcing the belief that collaborations of this nature propel blockchain forward.


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