On January 18, Verichains, a cybersecurity service operating under VNG Digital Business, officially announced a strategic collaboration with WEMIX and ISKRA, marking a significant expansion of high-quality cybersecurity services into the South Korean and broader Asian markets.
In this collaboration, Verichains will offer a range of services, including system testing, blockchain security, and cryptography, aimed at bolstering the security and integrity of projects within the Web3 ecosystem of WEMIX and ISKRA. Notably, Verichains had previously partnered with another South Korean Web3 entity, Klaytn, a blockchain platform developed by Kakao.
Since mid-January 2024, Verichains has solidified its position as a member of the esteemed 40 WONDERS group, specializing in security and ensuring integrity for the blockchain nodes on the WEMIX3.0 platform. Verichains, recognized as WONDER 12 within the group, plays a pivotal role in monitoring transactions and ensuring the smooth operation of data blocks to enhance reliability for Web3 projects within the WEMIX ecosystem, boasting a total market capitalization exceeding 900 million USD.
The 40 WONDERS group within Wemix is a collection of leading entities in the field of network security and blockchain data system security from around the world. Verichains is the Vietnamese entity to become an official security partner of Wemix and is introduced as WONDER 12 within the 40 WONDERS group. Verichains plays a crucial role in monitoring transactions and ensuring the smooth operation of data blocks to enhance reliability for Web3 projects within the WEMIX ecosystem, with a total market capitalization exceeding 900 million USD.
The collaboration between Verichains and Wemix began with security testing contracts to identify vulnerabilities in the WEMIX3.0 chain and projects within the Wemix ecosystem. Currently, Wemix has decided to elevate its relationship with Verichains to a strategic partner based on Verichains' experience and service quality in the fields of system security and blockchain data security.
ISKRA, an entity invested 34 million USD by the Krust Universe insurance fund, is the latest partner of Verichains within the large-scale Web3 gaming platform in South Korea. ISKRA's platform allows players to freely trade items and rewards from missions through tokens. Therefore, each day, ISKRA's platform must handle a significant volume of data and assets on the chain system.
With a vast amount of players and game studios across Asia, ISKRA has chosen Verichains as a strategic security partner to assist in building and ensuring security for their blockchain data system, aiming to enhance a safer data environment for the platform.
Within this partnership, Verichains offers encryption analysis, system security, and high-quality security application services for the entire ecosystem project. The company is actively developing an enhanced security framework for ISKRA's blockchain technology, with a specific focus on ensuring data safety and providing robust protection for players and communities on a global scale.
Verichains, a cybersecurity entity under the VNG Digital Business conglomerate, specializes in industry-leading services in Vietnam related to system security testing, analysis, cyberattack investigation, and application security solutions. The company has a proven track record of successfully identifying security vulnerabilities and thwarting numerous large-scale attacks targeting major Web3 bridges worldwide, such as Ronin and BNB Chain.
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