A recent Medium post by the VeChain Foundation discusses a bunch of new collaborations that are aimed at securing the VeChainThor Blockchain. You can see the full post for yourself, here- https://medium.com/@vechainofficial/vechains-collaboration-with-slowmist-and-other-private-firms-to-secure-the-vechainthor-blockchain-8ed186c00f17 These collaborations are aimed at ensuring the security and integrity of the VeChain network. Within this, VeChainThor has been under some scrutiny and has seen a range of third-party testing, from alpha testing and code audits, to blockchain security testing and mobile wallet security testing. VeChain have partnered with external companies to run this testing as they believe simply that third-party companies can offer new insight and new perspective which can allow for richer investigations and testing to take place. The companies involved in this are as follows; Secureware, a blockchain security firm which works to support security assessments. They operate through a mix of academic work and technical work to help ensure the integrity of networks. Hosho, a company that specialises in smart contract auditing and penetration testing. According to The VeChain Foundation, Hosho specialise in providing security services to Fortune 500 companies. SlowMist, a defensive cybersecurity firm with expertise in direct and frontline cybersecurity. Finally, HackenProof, a vulnerability rewarding platform that encourages a global community of developers to spot and locate bugs and vulnerabilities, in return for a bounty payment. They encourage ethical hacking for their clients. As you can see, VeChain have put an incredible amount of thought into who they wish to work with, and really haven’t held back in ensuring a number of large companies are able to work alongside VeChain. This is quite inspiring and shows that actually, keeping things as a part of a strict development team may not always be the best plan for blockchain brands, instead, transparency through collaboration should be the name of the game.
We are taking every effort to secure the VeChainThor Blockchain. We have begun working with many private investment firms and collaborate with @SlowMist_Team to set up the Authority Masternode standards and procedures. https://t.co/S3jJwNxLXv— VeChain Foundation (@vechainofficial) June 1, 2018