Join Our Mailing List
Sunday February 05, 2023
Bitcoin (BTC) $23,326.25   Ethereum (ETH) $1,667.41
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Blockchain Technology

Blockchain security company Quantstamp joins Korean accelerator backed by Shinhan Financial 

Quantstamp seeks to collaborate with leading Korean financial institutions and their regulators to help them build secure blockchain solutions...

Published by CryptoNinjas.net
03/11/2021
 Blockchain security company Quantstamp joins Korean accelerator backed by Shinhan Financial 

Quantstamp, a blockchain security-infrastructure company, announced it has been inducted as a member of Shinhan Square Bridge: Incheon (located in Incheon Startup Park) backed by Shinhan Financial Group, a leader in the Korean financial services sector.

“Shinhan Square Bridge: Incheon connects industry leaders to facilitate the global success of Korean startups, and an essential part of facilitating this success is connecting startups to experts in cutting edge fields like blockchain technology,” says Ms. Lee Managing Director at Shinhan Square Bridge: Incheon. “Quantstamp’s extensive experience in blockchain security and insurance makes them the ideal partner to guide fellow members through this emerging technology.”

In Q3 2020, Shinhan Financial Group received 3.06 trillion KRW in revenue and currently has a market cap of 15.24 billion USD. Shinhan Financial Group subsidiaries offer a range of financial products including: checking and savings accounts, insurance, investment management, and security brokerage and credit reporting services. Since the 2008 global financial crisis, Shinhan Financial Group has led profitability in the Korean financial industry.

“The financial infrastructure of tomorrow will be powered by blockchain technology,” says Quantstamp CEO Richard Ma. “Quantstamp seeks to collaborate with leading Korean financial institutions and regulators so that their users and citizens can safely benefit from this innovation.”

Quantstamp has secured over $45 billion USD worth of digital assets over the course of over 170 security engagements with startups, foundations, and enterprises including Toyota, World Economic Forum, MOBI, GMO Internet Inc., and Media Do. Quantstamp is collaborating with the World Economic Forum and other contributors to develop a framework to guide central banks in their understanding of key technology decisions for CBDCs. Quantstamp additionally collaborated with the World Economic Forum in their effort to study blockchain’s ability to reduce corruption in Colombia.

The Quantstamp team has secured blockchains including Ethereum 2.0, Binance Smart Chain, Cardano, Avalanche, and leading DeFi applications such as Maker, Compound, Curve, and Reflexer.

Currently, over 35 billion USD worth of digital assets is actively managed by financial applications running on the Ethereum blockchain. The financial products running on Ethereum include savings, lending, derivative, and insurance products. Although there is much promise in this sector, traditional finance is cautious to incorporate blockchain technology because over 2 billion USD worth of digital assets have been lost or stolen due to blockchain-related security incidents.

131
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Source: Quantstamp

Related News

Smart Contract Security Alliance announces founding council members

10/16/2019
Standards for Smart Contract Security Audits

The Smart Contract Security Alliance (SCSA), a collaboration of industry leaders that recommend standards for blockchain and smart contract security, today announced its founding council. Council members have contributed greatly to the growing security...

Read more

Blockchain security firm Quantstamp open sources its bounty protocol

08/20/2019
Quantstamp bounty

Quantstamp, a blockchain security company developing automated security tools such as the Quantstamp Security Network, has announced it is open-sourcing the code for its bounty protocol. A bounty protocol is a marketplace for developers...

Read more

Binance upgrades first stablecoin thanks to Quantstamp audit

07/18/2019
Quantstamp Binance

Quantstamp, a Y Combinator-backed blockchain security company, recently completed the audit of cryptocurrency exchange Binance’s GBP-backed stablecoin, Binance GBP (BGBP). The BGBP token joins other stablecoins in the market including Coinbase’s USDC, Facebook’s Libra,...

Read more

Quantstamp Security Network V2 upgrade features staking, enhanced transparency

06/19/2019
Quantstamp Security Network V2 upgrade features staking, enhanced transparency

Quantstamp, a Y-Combinator backed blockchain security company, has just released the Quantstamp Security Network V2. Available at protocol.quantstamp.com, this new release features a decentralized design using staking, improved security analysis, has open-sourced code, and...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy