Findora Completes Two Rigorous Security Audits Ahead of Imminent Mainnet Beta Launch
Findora
2021-03-25 10:14
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​Leading blockchain security firm Halborn conducted an audit of Findora’s distributed ledger and wallet, clearing the way for its March 30 mainnet launch.

Leading blockchain security firm Halborn has audited Findora's distributed ledger and wallet, clearing the way for its March 30 mainnet launch.

The Findora Foundation (Findora for short) is a leading DeFi project that aims to use blockchain technology to create an open, fair and transparent financial infrastructure. Now it has completed two comprehensive security projects from Halborn, a leading blockchain security company. audit. This marks that Findora has cleared the last hurdle before providing services to enterprises and the public.

Halborn brings award-winning ethical hacker and blockchain expert skills to the Findora project to protect services and applications that directly use Findora's preferred protocol from cyber-attacks. The company offers a range of services, including advanced penetration testing, security consulting, DevSecOps automation, and smart contract auditing. For this collaboration, Halborn arranged for a full-time team of security engineers with in-depth knowledge of multiple blockchain protocols and encryption standards to review Findora's platform over a three-week period.

According to the final report, the audit found that “the Findora team has well documented the ledger protocol and intended functionality.” Additionally, it found that the cryptographic algorithms and protocols used in the “Blinding Factor” and zero-knowledge proofs implemented via xfrproof are strong , with high strength anti-cracking entropy. "

Rob benhnke, CEO of Halborn, said: "As centralized and distributed finance converge in the next few years, we really like the new layer 1 protocol that makes a big change at the base layer. We are bullish on the Findora team and look forward to further help It accomplished its mission.”

Halborn's engineers performed a combination of manual review of code and automated security testing to balance the efficiency, timeliness, practicality, and accuracy of smart contract audits, and issued a series of valuable suggestions for Findora's engineering team, but found nothing Critical vulnerabilities that prevent its public release.

David Lin, Vice President of Engineering at Findora, said: "We are honored to partner with Halborn, an industry-leading blockchain security company, who conducted a comprehensive audit of Findora's ledger and wallet with positive results. We know that since its completion in January Our community of investors, partners, developers and users has cared deeply since the public offering, and today's findings reinforce our plans that we launched on March 30."

After this rigorous security audit, Findora can now firmly commit to a release at the end of March. At the same time, it is also an important turning point for Findora on the road to token issuance, exchange listing and open source release.

Findora adopts a unique approach and solutions to build the future of global decentralized financial infrastructure, one based on speed, privacy and efficiency, and also has some differences. In addition to these features, Findora's unparalleled privacy protection and data security features make it the best center for storing global financial data, and can move and process this data seamlessly between applications and parties. To achieve this goal, security remains the Foundation's top priority, fundamental to achieving universal adoption and building global trust.

If you want to read the full executive summary of the report and want to learn more about Findora, please visit the Findora Telegram communityhttps://t.me/findoraenAbout Findorawww.findora.org

About Findora

Founded in 2017, Findora is an open and private financial network owned by a decentralized network of organizations and incentives distributed around the world to ensure its democratic security. Using Findora, developers can create digital assets, applications, and smart contracts that transparently hold confidential information using advanced cryptography. Findora is a market leader in zero-knowledge proof and multi-party computing technology, with strong distributed system engineering capabilities. For more information, please visithttps://findora.org/ 

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