HashKey Group, a Hong Kong-based company, and SlowMist recently disclosed through an email sent to AZCoin News that they have formed a strategic partnership. The two entities will work together in several areas, including digital asset ecosystem security, anti-money laundering for digital assets, advanced security technology research, and other technology fields. The partnership aims to develop comprehensive security standards and solutions that will safeguard HashKey Group’s various business lines.

SlowMist, a leading blockchain security company with years of experience in the industry, will provide HashKey Group with tailored security solutions from threat discovery to defense, guaranteeing the security of HashKey Group’s businesses. SlowMist’s security services cover top platforms in hundreds of industries, including both centralized and decentralized platforms. The company has audited more than 1,500 well-known smart contracts, covering Ethereum, EOS, Solana, Klaytn, Aptos, and other public blockchains.

In addition, SlowMist will provide HashKey Group with Red Teaming services, which evaluate real vulnerabilities in enterprise staff, business systems, supply chains, office systems, and physical security. Based on the assessment results, SlowMist will provide optimal graded security defense solutions to primarily protect vulnerable core nodes and effectively increase attackers’ costs.

SlowMist will also provide HashKey Group with security consulting services to solve the needs of the entire security system and security lifecycle for target projects. They will provide comprehensive asset security solutions for online hot assets, cold assets, and DeFi assets, helping HashKey Group improve the security and stability of their assets.

SlowMist’s AML/CFT compliance solution with two key products, MistTrack and Malicious Address Library, will better defend against cybercriminals and protect user digital assets. MistTrack focuses on cryptocurrency flow, address monitoring, hacker profiles, investigation and freezing, among other aspects. The Malicious Address Library utilises open-source data, blockchain honeypots, artificial intelligence, and information provided by customers and partners to extract reliable anti-money laundering data in real-time.

Through cooperation with HashKey Group, SlowMist will leverage its deep understanding of various fields, combined with the research and unique insights of HashKey Group’s professional investment team, to study and explore the opportunities for new technologies in development. This will consolidate SlowMist’s position as a leader in top digital asset financial service groups.

HashKey Group is an end-to-end digital asset financial services group in Asia, providing a complete ecosystem across the entire digital asset landscape, ranging from trading to asset management and custody. The partnership with SlowMist will help HashKey Group maintain its leading position in the fast-growing fintech field through constant innovation and higher security standards.

#HashKeyGroup #SlowMist #azcoinnews #crypto2023 #Digitalasset

This article was republished from azcoinnews.com

In order to provide safety for diverse #HashKey firms, #SlowMist and HashKey Group have announced the formal establishment of a strategic collaboration to collaboratively develop more comprehensive security standards and solutions.

The strategic alliance will focus on security for the digital asset ecosystem, anti-money laundering for digital assets, cutting-edge security technology research, and other technical areas.

After analyzing blockchains including Ethereum, EVM-based blockchains, EOS, Fabric, Solana, Klaytn, and Aptos, the startup SlowMist found hundreds of high- and medium-risk vulnerabilities.

In accordance with that, the company will also offer Red Teaming services to HashKey Group. Red teaming will be used to assess the enterprise workforce, business systems, supplier chains, office systems, and physical security of the HashKey Group.

Based on the evaluation's findings and the real security requirements of HashKey Group, SlowMist will offer the best graded security defensive solutions to better protect weak core nodes and deter attackers.

Additionally, it will offer HashKey Group security consulting services to meet the demands of target projects' whole security systems and security lifecycles.

MistTrack and the Malicious Address Library are the company's two main products, which offer better control and defense against those who engage in money laundering.

Additionally, SlowMist will examine and research the potential of emerging technologies in collaboration with HashKey Group using its in-depth industry expertise as well as the investigation and original insights of HashKey Group's professional investment team.

HashKey Group will benefit from stronger security standards thanks to this strategic relationship, which also intends to advance security and the industry as a whole. In February, the business acquired approval from the Hong Kong Securities and Futures Commission to operate an off-site trading activity (OTC) platform for virtual assets through its subsidiary Hash #blockchain Ltd.