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Singapore–(Newsfile Corp. – September 20, 2022) – Salus Security introduced the completion of its seed funding spherical, led by Binance Labs. Geekcartel additionally participated on this spherical. Salus Security will use the funds raised to develop its crew and drive the technological improvement of its merchandise.
Salus Security is an all-rounded blockchain safety firm, offering companies akin to automated sensible contract audits and guide vulnerability detection. The crew is skilled in each conventional and blockchain safety, and goals to make safety companies accessible for all.
Yi He, Co-Founder of Binance and Head of Binance Labs, mentioned, “At Binance, security has always been a priority and we’re on the continued lookout for service projects that offer innovative security solutions to resolve pain points currently facing the blockchain ecosystem. The technological competitiveness of Salus Security will drive the quality of security solutions in the Web3 sector.”
Backed by its machine studying know-how, Salus Security is ready to confirm the sensible contracts’ enterprise logic with as little friction and energy as attainable. It may robotically conduct a radical examination of the sensible contracts’ codes and knowledge repository to make blockchain safety less complicated and extra environment friendly. The core merchandise of Salus Security embrace however usually are not restricted to:
- Automated sensible contract vulnerability detection that helps multi-engine formal verification, symbolic execution, hybrid fuzzing, and extra.
- Smart contract audits that assist detect safety points akin to denial-of-service (DoS) assault oversight, performance duplication, rounding errors, and extra.
- Customized safety companies that embrace on-demand consulting, complete penetration testing, and on-chain asset monitoring.
Mirror T., Co-Founder of Salus Security, mentioned, “We aim to help our users eliminate their concerns about blockchain security threats, and provide them with a series of services to protect their data privacy and crypto assets. We are constantly innovating and see it as our mission to establish new standards for the blockchain security industry.”
“While Web3 is shaping up to be a more decentralized and independent Web, this emerging sector still faces notable blockchain security challenges. Salus Security has made a step towards resolving these issues by leveraging their expertise in blockchain technology and machine learning. We’re excited about this partnership and look forward to working with the Salus Security team to bring more blockchain security solutions to users, and provide more guardrails for the Web3 industry,” Danny F., Investment Director at Binance Labs, commented.
For extra data, comply with Salus Security on Twitter
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/137778