Flare Companions With Blockchain Safety Specialist FYEO For Ongoing Audits

[PRESS RELEASE – Dubai, UAE, 26th January 2023]

Flare is happy to announce an official partnership with blockchain safety specialist FYEO. The agency will carry out ongoing safety audits of Flare’s codebases, offering actionable suggestions to assist safer sensible contract growth and assist to reduce danger for all customers of the community.

Rigorous skilled auditing and testing are an essential a part of Flare’s blockchain safety technique. Alongside stringent inside testing measures, ongoing code audits assist to ascertain a degree of safety assurance to software builders and customers on the community.

Flare Co-Founder & CEO Hugo Philion mentioned, “We’re constructing our protocols with auditor evaluations initiated from near day one. We imagine this ensures a safer final result than an auditor reviewing a whole code base on the finish of growth.”

Along with steady auditing from companions together with FYEO, Flare additionally employs rigorous testing with testnets and a Canary community known as Songbird. The Canary community is a reside however extra experimental model of Flare (much like Kusama’s relationship to Polkadot) the place Flare can check their protocols. The community advises software builders and builders to do the identical. Flare acknowledges that danger minimization from each an auditing and testnet perspective is essential to constructing reputational belief amongst customers.

Within the phrases of Flare Co-Founder, Hugo Philion, “Our sport as a company throughout the business is to mitigate the chance in blockchain such that folks really feel snug to make use of it. On account of that, the utilization can enhance considerably.”

Tammy Kahn, Co-CEO of FYEO, mentioned, “FYEO couldn’t be extra aligned with this imaginative and prescient for supporting adoption by consumer danger minimization, and stay up for our steady work with Flare because it expands its presence as a pacesetter of decentralized innovation.”

About Flare

Flare is an EVM-based Layer 1 blockchain designed to permit builders to construct functions that may use knowledge from different chains and the web. By offering decentralized entry to high-integrity knowledge, Flare permits new use instances and monetisation fashions.

Flare’s State Connector protocols allow data, each from different blockchains and the web for use securely, scalably and trustlessly with sensible contracts on Flare.

The Flare Time Sequence Oracle delivers highly-decentralized value and knowledge feeds to dapps on Flare, with out counting on centralized suppliers.

Construct on Flare with extra knowledge than ever earlier than or construct with Flare to serve a number of ecosystems.

About FYEO

FYEO is concentrated on fixing the rising drawback of cyber crime in Web3. FYEO’s code audit crew consists of a number of the finest DeFi logic consultants on the planet having labored on 100s of tasks and protocols equivalent to Solana, Ethereum, Cardano, ICON, Hyperlane, Sommelier Finance, and extra. Its flagship product, FYEO Area Intelligence, which supplies real-time risk monitoring and intelligence for organizations, was developed to supply unparalleled safety and handle present-day safety points impacting each organizations and people. At the moment, the FYEO crew continues its work to establish and evolve its merchandise to resolve the largest safety issues dealing with Web3 ecosystems.


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