Thursday, September 14, 2023

CertiK Launches A Game-Changer In Crypto Compliance, Risk Management

KUALA LUMPUR, Sept 13 (Bernama) -- CertiK, a leader in Web3 smart contract and blockchain security, has launched SkyInsights, designed to address the pressing crypto compliance and risk management demands of Web3 firms and stakeholders.

According to a statement, SkyInsights emphasises CertiK's commitment to raising the standard of security and transparency across the industry.

Leveraging CertiK’s extensive and real-time databases, SkyInsights risk insights are enriched with more than two billion wallet address and smart contract labels and over 150 diverse label categories, giving users a comprehensive view of transaction and counterparty risk.

Its Chief Operating Officer, Jason Cao said the introduction of SkyInsights reaffirmed CertiK’s dedication to setting industry benchmarks around security in Web3.

“With this powerful crypto risk management and compliance tool, we are not just reacting to the industry's needs but proactively securing the future of Web3,” he said.

SkyInsights is essential for any business with digital asset exposure that is seeking clarity and control over their transaction and counterparty risks, as the platform offers unmatched wallet screening capabilities and the ability to "know your transaction" better than ever.

The platform seamlessly integrates with CertiK’s comprehensive suite of security services, and further confirms its strategy and vision around end-to-end security. 

Meanwhile, BitMart, as the first trading platform to adopt CertiK's risk screening and transaction monitoring product SkyInsights, will utilise this collaboration to fully leverage SkyInsights' comprehensive risk and compliance management system to assist users in making wiser decisions.

CertiK and BitMart will work together to advance technology standards for Freeze Asset Requests (FAQ), exploring data labelling standards, and standardise information exchange processes, with the aim of enhancing data accuracy and coverage to promote the security and healthy development of the Web3 industry.

-- BERNAMA

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