- Abu Dhabi Global Market (ADGM) and Hacken, a leading security auditing company, have partnered to establish a new global standard for blockchain security.
- The partnership aims to create advanced security standards and monitoring solutions for ADGM’s DLT Foundations framework.
- Hacken’s Co-Founder and CEO, Dyma Budorin, is excited about the partnership and believes it will help set a new gold standard for blockchain security.
ADGM, or Abu Dhabi Global Market, has teamed up with Hacken, a top-notch company specializing in auditing blockchain security, to set new standards for security and compliance in the blockchain world. This collaboration between a regulatory authority and a security auditor is pretty unique and aims to create a top-notch security assessment standard.
So, what’s the goal here? Well, they want to build a super secure ecosystem for blockchain. How? By working together closely, ADGM’s Registration Authority (RA) and Hacken will come up with advanced security standards and monitoring solutions for ADGM’s DLT Foundations framework. In simpler terms, they’re putting their heads together to make sure that the blockchain world is as secure and trustworthy as possible.
Hamad Sayah Al Mazrouei, the CEO of ADGM RA, emphasized the importance of this partnership. He sees it as a big step toward setting global standards for blockchain security and making sure everyone plays by the rules. By using AI and teaming up, they’re hoping to lead the way in creating a digital landscape that’s transparent, secure, and trustworthy.
Now, let’s break down what they’ll be focusing on:
- Creating Top-Notch Security Standards: ADGM and Hacken will be working hard to come up with strong security and compliance standards for blockchain projects happening within the ADGM area.
- Advanced Monitoring: They’re also going to implement fancy monitoring solutions to keep an eye on things within the DLT Foundations framework. If there are any security risks lurking around, they want to catch them early and deal with them.
- Using AI to Boost Security: Another cool thing they’ll be doing is exploring how AI can make blockchain security even better. By bringing in smart AI-powered solutions, they hope to make the whole system even more secure.
Dyma Budorin, the Co-Founder and CEO of Hacken, is pretty stoked about this partnership too. He sees it as a big deal and thinks Hacken’s experience in working with public sectors will come in handy. Together, they’re aiming to set a new gold standard for blockchain security and make sure everyone feels safe and confident in the digital world.