Token-as-a-Service (TaaS), one of the first closed-end funds dedicated to blockchain assets, announced its strategic partnership with Hacken, Ukraine-based managing company for a cybersecurity ecosystem, focused on blockchain security.
Since 2009, 3 out of every 10 bitcoin exchanges have been hacked. This disturbing statistic undermines the credibility of the blockchain technology on which Bitcoin cryptocurrency is based. Meanwhile, blockchain technology itself has a much wider application outside Bitcoin, ranging from smart contracts in e-commerce and real estate to improved communal sharing of electricity costs.
Understanding this, a group of cybersecurity professionals from Ukraine created the Hacken Ecosystem, a conglomeration of cybersecurity businesses aiming to improve the security of computer code and networks in numerous areas, including blockchain.
Hacken has already raised an equivalent of $900,000 USD during the pre-sale in September. The main token sale event will take place on October 31, 2017. The initial price for 1 Hacken token (HKN) is equivalent to $1 USD. HKN can be purchased with BTC, ETH, DASH, LTC, USD, and EUR. Hacken announced recently that TaaS tokens are accepted as well.
Dmitriy Budorin, Hacken Co-Founder, and CFO added:
“We want to invest all our talent and skills in protecting the blockchain. The founders of Hacken have been already involved in improving cybersecurity for a number of international businesses and in helping the Ukrainian government overcome recent cyber attacks. This partnership with TaaS is an important milestone, as it boosts our traction in the blockchain community right before our upcoming Token Sale Event.”
As an active trader and holder of crypto assets, TaaS is particularly focused on blockchain security. The partnership between TaaS and Hacken aims to redefine security standards of crypto space. It will immediately establish a new level of safety and protection for the fund’s data and assets. TaaS invites other crypto investment funds to follow their example to promote adoption of the Hacken Ecosystem.
Ruslan Gavrilyuk, TaaS Co-Founder, and President stated:
“Day after day blockchain becomes ubiquitous. It should be essential to incorporate and improve cybersecurity principles in its implementation. We are excited to partner with Hacken, who’s now en route to creating a promising global marketplace with a particular emphasis on blockchain security.”