CertiK Foundation launches security-oriented blockchain

3 min read

Blockchain cyber security company CertiK has launched its own CertiK Chain blockchain. The CertiK Foundation announced its new release in an official blog post on July 22.

According to the announcement, CertiK Chain aims to offer a blockchain infrastructure that is fully secured.

The full nodes of this blockchain are said to run on CertiKOS, which they say is a "fully verified hypervisor / simultaneous OS kernel" that provides so-called military security against hacking attempts. In addition, the announcement states that the blockchain is supported by the CertiK Virtual Machine, which uses the company's formal verification platform to ensure that it is properly implemented.

Smart contracts can then be developed in the functional programming language DeepSEA, which is said to guarantee security through the code. In addition, all on-chain smart contracts reportedly have cryptographic certificates that serve as proof of verified security; however, smart contracts without such certificates could allegedly be performed with additional costs.

According to the blog post, one of CertiK's claims is that block chains require sufficient security to scale up. CertiK hopes that its blockchain can be a long-term solution that makes mass acceptance of blockchain technology possible.

According to its website, CertiK currently offers blockchain-oriented cyber security services through security audits, penetration tests and platform modification. In addition, the company has partnerships with major blockchain organizations such as Binance, which CertiK announced in January.

As previously reported by Cointelegraph, the Ethereum Foundation funded the DeepSEA project in March. Open source blockchain project Qtum also provided DeepSEA with $ 400,000 in December. The project was led by Professor Ronghui Gu in Columbia, who is also co-founder of CertiK.

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Don Bradman

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