New York, May 15, 2023 (GLOBE NEWSWIRE) — CertiK, the New York-based blockchain security company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced the signing of a partnership to provide blockchain security services to cloud-based Web3 projects. Web3 developers can now accelerate the development process and secure their applications and smart contracts with CertiK’s Security Suite and Alibaba Cloud’s scalable, highly efficient and secure infrastructure.
Cloud-based computing services have driven the evolution of communications technology over the past decade, and cyber security has played a key role. New technology is not suitable for mass adoption until it is proven to be secure, which is exactly what CertiK brings to Alibaba Cloud’s Blockchain as a Service (BaaS) platform.
Blockchain is a new technology that unlocks powerful new ways of performing secure, decentralized and highly efficient distributed computing. The integration of Web3 applications, smart contracts and blockchains is the next step in the development of cloud computing.
With this new partnership, developers and businesses can conduct code reviews, risk assessments, team identity verification, background checks and more using the services and tools offered by CertiK and distributed on the Alibaba Cloud.
Alibaba Cloud has gone live with CertiK’s smart contract audit service and Layer 1 blockchain audit service fully integrated. In the near future, penetration testing and CertiK’s Skynet due diligence tools will also be introduced, providing end-to-end security solutions.
“We are excited to bring our years of experience in blockchain security to Alibaba Cloud’s platform,” said CertiK co-founder Prof. Ronghui Gu. “We have believed in the power of blockchain technology for over half a decade, and to see Alibaba Cloud commit to the same vision and embrace a comprehensive approach to security is extremely rewarding. We look forward to bringing secure blockchain development and deployment to a the widest possible audience.”
“Alibaba Cloud has always been committed to providing customers with safe and reliable cloud computing services, and actively promoting the development of new technologies and applications. This cooperation will provide us with more comprehensive technical support and security solutions to better serve the blockchain and Web3 ecosystem” , said Raymond Xiao, Head of International Web3 Solutions, Alibaba Cloud Intelligence
CertiK experts will monitor deployments to Alibaba Cloud environments, help developers and enterprises perform secure cloud computing, maintain high uptime cloud storage and build secure infrastructure, while automated tools run behind the scenes and around the clock.
In addition, the upcoming Skynet vulnerability scanning platform scans code and identifies vulnerabilities in real-time, providing developers with real-time monitoring and remediation recommendations.
Beyond the integration of the Security Suite, CertiK and Alibaba Cloud will support the continued growth of the Web3 world through the joint organization of hackathons, developer education sessions and application development programs.
About CertiK
A pioneer in blockchain security, CertiK leverages best-in-class AI technology and expert manual review to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiK secures the Web3 world by applying cutting-edge innovations from academia to enterprises, enabling mission-critical applications to scale with certainty and correctness. CertiK has audited more than 3,900 Web3 projects and secured hundreds of billions of dollars in market value.
