Singapore, 30 March 2020 – Smart city blockchain protocol developers, Building Cities Beyond (BCB) Blockchain, announced its strategic partnership with blockchain security company, Chains Guard Technology late last week. The partnership will see the Singapore-based developers strengthen security services on its blockchain ecosystem – which currently includes live applications such as smart water meters, financial transactions, agriculture traceability and decentralized games.
In lieu of the partnership, BCB Blockchain will look to introduce new security measures– such as code reviews to detect smart contract threats and prevent the loss of assets and valuable data. On top of that, both parties will provide smart contract security audits and service terminals for industry applications powered by the BCB blockchain protocol. Security services includes network security, on-chain data analysis and digital asset compliance that pledges for a safer and more efficient public chain ecosystem.
BCB’s plans to tighten security underlines its efforts to expand its blockchain-powered smart city ecosystem and provide a comprehensive infrastructure. Co-Chief Technology Officer (CTO), Vanessa Koh of BCB explains “Being the leading developer in blockchain protocol, we are constantly enhancing our technology capabilities. As we look to explore further into the fields of smart transportation, logistics, agriculture and energy, we must not forget the importance of security. We are certain that the partnership with Chains Guard Technology will help us strengthen our blockchain security proficiencies and create more effective solutions for empowering cities”
About Chain Guard Technology
Chains Guard Technology focuses on the security of blockchain ecosystems and provides security services including but not limited to exchange houses, e-wallets, main chains, and mining pools. The team from Chains Guard Technology has a comprehensive public chain vulnerability mining and project code auditing capabilities. They can provide comprehensive on-chain data traceability and project code audit services, as well as chain security evaluation and chain security rating services. Chains Guard Technology has assisted EOS, Ethereum, and other official well-known public chains to discover and rectify loopholes in their security systems.
About BCB Blockchain
BCB is Blockchain 4.0 which integrates Artificial Intelligence, Cloud Computing, Big Data, Virtual Reality, Robotics and hardware to create a smart city solution that interconnects cities across distances and improves the quality of life for people, businesses and governments. BCB Innovation Pte Ltd is a Singapore registered company, founded by GBCI Ventures Pte Ltd. With more than 500 staff and seven offices across seven countries, BCB visions to create and support the economies of 1000 smart cities of the future. For more information, visit https://www.bcbchain.io