Blockaid Integrates with World App to Enhance Security for Users and Developers
Blockaid, a leading on-chain security platform, has announced its integration with World App, the self-custody wallet of World Network. This collaboration aims to provide enhanced security measures for users and developers within the World Network ecosystem.
The World App, developed by Tools for Humanity, is an integral part of the World Network (WLD) and offers a range of features to users. One key feature is the World ID, which allows users to verify their human identity anonymously. This not only helps users protect their privacy but also enables them to engage with decentralized finance applications securely.
With the integration of Blockaid, World App users and developers will benefit from additional security measures against on-chain threats such as phishing attacks, crypto hacks, and smart contract exploits. Blockaid has a track record of providing robust security solutions and has previously partnered with top blockchain projects like Stellar and Immutable to enhance security within their networks.
Blockaid’s technology has already helped secure assets worth over $200 billion and has scanned more than 5 billion transactions. The platform’s proactive approach to identifying and preventing potential security breaches has also resulted in significant savings, with Blockaid estimating that it helps prevent potential losses of up to $300 million every month.
In a recent case, Blockaid successfully thwarted a potential $700k loss through its security measures. This level of protection has attracted the attention of major players in the cryptocurrency industry, with platforms like Coinbase, Stellar, and Metamask leveraging Blockaid’s technology to safeguard their users.
Blockaid, which recently raised $33 million in funding from top venture capital firms, continues to be at the forefront of on-chain security solutions. Its partnership with World App further solidifies its commitment to providing cutting-edge security measures for users and developers operating within the World Network ecosystem.