NEO Collaborates with Certik to Enhance Blockchain Security
Smart Contracts network NEO is constantly aware that security and success in the cryptocurrency industry projects go hand in hand. The wide adoption of the blockchain technology, as well as the digital assets, demands that security is highly regarded.
NEO has today, August 1 announced a partnership with Certik, a smart contracts verification platform, to enhance the security of its platform. Certik will work on a solution for NEO specifically designed solution that will be used for verification purposes for NEO’s digital assets and digital identity on the platform. NEO has the vision to develop a Smart Economy ecosystem and this partnership takes it a step closer to its goals.
Certik is a company based in New York but also has operations in Silicon Valley. It developed one of the most secure operating systems, CertiKOS. The OS is used by both the military and governments due to its resistance to hack attacks. While commenting on the partnership, NEO Global Development manager, Zhao Chen said according to NEO Smart Economy Medium:
“NEO is a high-speed autonomous public chain. With more developers building layers on top of it, this added security layer will expedite the prosperity of the ecosystem. I believe NEO and CertiK’s partnership is on track to change the course of history.”
NEO is currently the 13th biggest blockchain project with a market capitalization of around $1.9 billion. NEO/USD has begun correcting higher in the wake of the overarching declines that have sent most assets in the market spiraling though support areas. The cryptocurrency is currently trading at $29.79, representing a loss of 3.77% in the last 24 hours.