Crypto

CoinFound Collaborates with CertiK to Enhance Web3 Data Transparency

CoinFound and CertiK Unite to Elevate Web3 Security and Transparency

In an ambitious move to bolster transparency and risk assessment within the Web3 landscape, CoinFound, a leading cryptocurrency data technology platform, has announced a strategic partnership with blockchain security expert CertiK. This collaboration is poised to deliver institutional-grade intelligence to the rapidly evolving digital ecosystem.

Enhancing Data Infrastructure with CertiK’s Skynet System

According to a press release shared with industry news outlet Finbold on February 15, CoinFound will incorporate CertiK’s state-of-the-art Skynet system into its existing data infrastructure. This integration is set to provide a robust framework of real-time monitoring and security scoring, offering institutional users enhanced security references and a comprehensive understanding of on-chain risks associated with digital asset evaluations.

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Core Initiatives of the CoinFound-CertiK Partnership

The partnership focuses on four pivotal initiatives that promise to redefine the standard of transparency and security in the Web3 domain:

1. Data Integration and Standardization

CoinFound and CertiK will work together to deepen data integration and establish standardized attribution, which will significantly improve transparency, traceability, and consistency across various Web3 platforms.

2. Research and Market Intelligence

Both companies are set to co-develop cutting-edge research and provide institutional market intelligence. This effort aims to cover emerging industry trends and the dynamic structures of on-chain assets.

3. Joint Ecosystem and Branding Initiatives

The partnership will extend to joint ecosystem and branding activities, including events, co-branded content, and shared resources, enhancing the visibility and reach of both entities in the blockchain community.

4. Enhanced Security Insights and Due Diligence

By leveraging CertiK’s Skynet integration, CoinFound will amplify its security insights and risk disclosure capabilities. This enhancement will facilitate better visibility of vulnerabilities and strengthen institutional due diligence.

Addressing Fragmentation in Blockchain Security Tools

Currently, blockchain data and security tools are fragmented, creating challenges in achieving unified risk visibility for institutional investors. The collaboration between CoinFound and CertiK seeks to consolidate these capabilities into a cohesive framework, offering a more streamlined approach to blockchain security.

Meeting the Growing Demand for Blockchain Adoption

As institutional adoption of blockchain technology accelerates, there is an increasing demand for standardized data frameworks and continuous security monitoring. The CoinFound-CertiK partnership is well-positioned to meet these demands, ensuring robust security and transparency for institutional investors.

CoinFound’s Pivotal Role in Bridging Traditional Finance and Crypto

These initiatives align seamlessly with CoinFound’s strategic position at the convergence of traditional finance and cryptocurrency. The platform provides essential services, including real-world asset data terminals, on-chain risk analytics, and AI-driven research tools, catering to the needs of professional investors.

Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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