Plume, the first permission-less, open blockchain designed for RWA finance, has joined forces with Octane, an AI-powered security platform, to enhance the security of its ecosystem. By integrating automated, real-time vulnerability scanning directly into its blockchain ecosystem, Plume aims to provide institutional-grade security for its developers and users.
Octane’s platform is known for scanning code in CI/CD pipelines, detecting vulnerabilities in real time without causing any delays in the development process. This partnership has already yielded significant results, with initial audits uncovering 192 issues within Plume protocols and ecosystem projects. One critical vulnerability in Mystic was identified, which had the potential to lead to a loss of funds if left undetected.
The collaboration between Plume and Octane will see the integration of Octane’s platform into Plume developers’ CI/CD pipelines. This will enable automated security scans with recommended fixes at each code commit, ensuring that vulnerabilities are identified and addressed promptly without hindering the development workflow. Octane has a proven track record, having scanned over 86 million lines of code and safeguarded more than $6 billion in on-chain assets.
As institutions increasingly enter the tokenized finance space, the demand for SOC-level, institutional-grade security standards is on the rise. Plume aims to meet these expectations by leveraging Octane’s AI-powered offensive security platform to fortify its infrastructure and provide advanced defenses for its ecosystem. This move is crucial as builders and institutions converge on the Plume ecosystem, seeking a secure environment to build and scale tokenized finance solutions.
Teddy Pornprinya, CBO and Co-Founder of Plume, emphasized the importance of security in making Plume a trusted platform for tokenized finance. He stated, “Our goal is to make Plume the most secure place to build and scale tokenized finance. Octane’s AI-powered offensive security platform enables us to ship infrastructure with advanced defenses, benefiting the builders and institutions now converging on our ecosystem.”
In a rapidly evolving landscape where security is paramount, the partnership between Plume and Octane signifies a commitment to providing a secure and reliable environment for developers and users within the blockchain ecosystem. As the tokenized finance space continues to grow, initiatives like this will play a crucial role in ensuring the integrity and security of digital assets.