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UpLift Partners With CertiK, The Leading Security Auditor In Web3

Max Clark by Max Clark
June 1, 2022 - 3:55 pm
in defi news, blockchain news
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CertiK & UpLift Collaboration Details

CertiK is most well-known for their work doing security audits in the DeFi ecosystem, in particular the BSC environment. Auditing firms like Aave and Polygon (MATIC), as well as Terra, Yearn (YFI), Binance Smart Chain (BSC), and Chiliz (CHZ). On UpLift, CertiK will immediately begin deploying its market-leading audit process, which will make use of the most advanced AI technology currently available.

Streamlining early-stage investment for blockchain-based projects, UpLift DAO recently teamed up with a leader in blockchain security, CertiK, on a task to secure and track blockchains, Web3 apps, and smart contracts. CertiK has a goal to protect and monitor blockchains, smart contracts, and Web3 applications.

UpLift DAO, which places a high priority on safety, has formed a partnership with CertiK in order to provide the highest possible level of security for its user base. CertiK will perform vulnerability scanning, manual code testing, and robust security evaluation of the smart contract and blockchain code for the projects that are launching on UpLift. This will expedite a safe and secure launchpad space on UpLift, which will help facilitate the success of the projects.

Companies Information

Since its official launch in November 2021, UpLift DAO has successfully collected a total of 1,211,158.57 BUSD for the benefit of scaling initiatives in the DeFi, GameFi, and NFT industries. UpLift DAO has experienced meteoric expansion as a consequence of the organization’s many accomplished IDO launches and the development of fervent communities located in more than 150 countries. The total value locked (TVL) has already exceeded 4,588,000 BUSD, and there are more than 8000 individuals that have staked their claim.

CertiK has emerged as a real market leader and is currently one of the firms in the blockchain security industry with the highest levels of both credibility and growth. To this day, they have jointly worked with more than 2500 commercial clients, assisted in the protection of more than $310 billion worth of cryptoassets, and identified more than 45,000 vulnerabilities in the code underlying blockchains.

What is Web3 Security ?

The phrase “Web3” refers to a wide variety of technological advancements that together represent a significant change in both the character of the internet and the way we spend our lives online. There are many different perspectives that we might take while looking at Web3. One way to look at it is as a collection of expanding industries that are backed by blockchain technology. Some examples of these industries are the Part of The internet, the Metaverse, cryptocurrencies, non-fungible tokens, and game-based internet.

There has also been a paradigm change in the manner that the internet is structured, with businesses and initiatives migrating away from centralized systems and toward more decentralized ones. This is yet another development. We may also comprehend Web3 by the influence it has on the user experience. Web3 gives people more control over their own personal assets and data, and it enhances the ways in which people can engage with one another and share value online.

One last thing, and this one could be the most important: we can get a grasp on Web3 by understanding the notion of Web3 security. As a step beyond Web2, the technology known as Web3 addresses a significant number of the flaws that were intrinsic to Web2 itself. This procedure is not entirely pleasant, however, as Web3 carries with it its own set of risks and inherits several of the issues that were present in Web2.

Tags: BlockchainDeFiEcosystemMetaverseNFTWeb3
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Max Clark

Max Clark

Max Clark is a content writer specialising in the cryptocurrency space. He is very enthusiastic about altcoins, NFTs, and the Metaverse. Max is convinced that the network is capable of replacing the existing global monetary system and granting financial independence to billions of people all over the world. Max loves to go on adventures, play sports, and read books when he has free time outside of work. He has also worked in the financial industry before, so he knows how the world's banking system works and how to deal with clients in the tech and finance industries.

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