Sentinel Protocol, a crowdsourced threat intelligence platform built on blockchain technology, today announced an agreement with Norma, a South Korean company that specializes in wireless networks and IoT security.
Together, their business capabilities will cover the wireless and IoT security fields, as well as the crypto wallet and exchange security businesses.
Norma plans to supply Sentinel Protocol’s blockchain-based security solutions to domestic crypto exchanges and blockchain enterprises in South Korea.
By establishing compliance through Norma’s ISMS certification consulting expertise and introducing Sentinel Protocol’s cybersecurity solutions, local crypto exchanges will be able to proactively respond to various security threats they face daily.
Sentinel Protocol’s crypto protection solution suite encompassing the Threat Reputation Database (TRDB) and Crypto Analysis Transaction Visualization (CATV) aims to protect crypto assets belonging to organizations and end users from malicious threats.
The crypto protection suite also currently supplies their cybersecurity solutions to exchanges and wallet companies while cooperating with financial regulators and law enforcement agencies.
[perfectpullquote align=”full” bordertop=”false” cite=”Jung Hyun-chul, CEO of Norma.” link=”” color=”” class=”” size=”17″]“We have been conducting security checks and certification consulting services for exchanges where hacks happen due to weak security. With this reseller partnership, we expect a great synergy effect by adding Norma’s security know-how to Sentinel Protocol’s security technology. In the long run, we hope it can safely contribute to the healthy growth of the blockchain ecosystem.”[/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”Koo Min-woo, Sentinel Protocol’s Country Manager of Korea” link=”” color=”” class=”” size=”17″]“Since establishing our local office, we have been forthcoming in our efforts to ride the latest blockchain trends by working with the top few cryptocurrency exchanges and wallet providers in the local market. I look forward to our partnership with Norma, as it brings exciting times ahead. We strive to deliver blockchain-based solutions to a wider audience so we can effectively fight security threats.”[/perfectpullquote]