Elevate

Foundation

Security

Partner

Abu Dhabi Global Market (ADGM), has joined forces with Hacken, a global leader in blockchain security auditing, to establish new benchmarks for security and compliance in the blockchain industry. This strategic partnership marks a unique collaboration between a regulatory body and a security auditor, aiming to develop a world-leading security assessment standard. 
<h2 class="wp-block-heading" id="h-building-a-secure-blockchain-ecosystem">Building a Secure Blockchain Ecosystem</h2> 
Through a signed Memorandum of Understanding (MoU), ADGM’s Registration Authority (RA) will work with Hacken to develop advanced security standards and on-chain monitoring solutions for ADGM’s DLT Foundations framework. This collaboration positions both organizations at the forefront of fostering a secure and trusted blockchain ecosystem, as highlighted by Hamad Sayah Al Mazrouei, CEO of ADGM RA: “This partnership with Hacken underscores our commitment to setting global benchmarks in blockchain security and regulatory compliance. By leveraging AI and fostering a collaborative approach, we are pioneering a new model for SupTech that promotes transparency, security, and trust in the digital landscape.” 
Key Focus Areas of the Partnership 
<ul> 
 <li>Developing Industry-Leading Security and Compliance Standards:&nbsp;The partnership will focus on creating robust security and compliance standards for blockchain projects within the ADGM jurisdiction.</li> 
</ul> 
<ul> 
 <li>Advanced DLT Foundation Monitoring:&nbsp;ADGM and Hacken will collaborate on implementing advanced monitoring solutions to identify and mitigate potential security risks within the DLT Foundations framework.</li> 
</ul> 
<ul> 
 <li>Harnessing AI for Enhanced Security:&nbsp;The partnership will explore the integration of AI-powered solutions to further strengthen blockchain security and monitoring capabilities.</li> 
</ul> 
Dyma Budorin, Co-Founder and CEO of Hacken, echoed this sentiment, stating: “We are honored to support ADGM in this groundbreaking initiative. Our proven track record in working with public sectors positions us well for this partnership. Together, we will set a new global standard for blockchain security and compliance.” 
The post <a href="https://www.unlock-bc.com/122020/adgm-hacken-elevate-blockchain-security-compliance/">ADGM and Hacken Partner to Elevate Blockchain Security Standards</a> appeared first on <a href="https://www.unlock-bc.com">UNLOCK Blockchain</a>.

ADGM and Hacken Partner to Elevate Blockchain Security Standards

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