Nord Finance successfully concludes Security Code Audit from leading blockchain security firm Zokyo

2021-2-16 18:02

Nord Finance, a blockchain agnostic platform, is an advanced decentralized financial ecosystem focusing on simplifying decentralized finance products for users by highlighting traditional finance’s key attributes. Deployed on the Ethereum Network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.

Nord Finance is a next-gen advanced decentralized financial ecosystem to serve the rising needs targeting novice users and professionals to meet their financial goals.

Nord Savings nears the launches on the Ethereum Network with a successful Smart Contract Security Audit

The partnership of Nord Finance with Zokyo advocates the significance of security. With the dynamic DeFi landscape, there is a prerequisite of an effective protection layer for financial primitives. Indeed, with Zokyo’s enhanced support, Nord Finance successfully concludes the smart contract audit as it gears up for the main net launch on the Ethereum Network. The elite blockchain security firm Zokyo’s testable audit code score for Nord Finance aggregates to 95.99%, which is above the required industry standard of 95%. With the advanced penetration in Nord Finance’s smart contract codes on the Github repository, the Zokyo team has intricately reviewed the nuances of the smart contract code. It has conducted cross-comparison tests to avoid malicious attacks in the forthcoming future by reviewing the code manually. 

Zokyo’s smart contract developers have conducted advanced penetration testing on the technological and economic front. Nord Finance’s smart contract code is evaluated on the basis of quality, security, and correctness. The audit team also advocated that Nord Finance’s code was appropriately written. Moreover, the audit team did not find any intricate bugs relating to the code. The security audit report was limited to optimizations and Solidity coding standards. Tokyo’s team employed the Truffle testing framework to evaluate and access the code’s functionality. 

A step closer to driving mainstream DeFi adoption

With Zokyo’s manual testing and automated audits, the comprehensive DeFi protocol is set to launch its select products on the Ethereum Network. Zokyo will continue to maintain a closer relationship with Nord Finance and assist its vision of providing cutting-edge technological developments in the DeFi landscape. The Nord-Zokyo partnership is an example of how the amalgamation of innovative solutions leads to unleashing the potential of DeFi in the dynamic financial sphere. The latest audit of the Nord Finance platform will result in accelerating the DeFi adoption for platform users. It will strive towards enhancing the overall experience of the users with increased functionality and improved security mechanisms. 

Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.

 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Wish Finance (WSH) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 WSH

finance blockchain nord security decentralized simplifying focusing

finance blockchain → Результатов: 126


Earn Passive Income on Crypto Assets with BNBMatrix

Decentralized finance technology allows you to raise revenue on the blockchain. So, no regulations and hassle of dealing with banks, brokerages, etc. Instead, the decentralized finance (DeFi) ecosystem entirely depends on blockchain smart contract dapps where you can directly deposit, withdraw and earn profits through yield farming without the involvement of a third party.

2021-11-23 08:41


Blockchain asset management protocol Melon releases v2.0 of manager interface

The Avantgarde Finance, a lead developer of blockchain asset management protocol Melon, recently announced the release of  v2. 0 of the Melon Terminal (a. k. a. Melon Manager Interface). As the lead developer of the Melon protocol, Avantgarde Finance developed a new browser-based and open-source interface to access the Melon protocol for Melon managers and investors.

2020-3-7 20:24


Web3 Foundation Is Funding a Project To Bring Bitcoin to Polkadot Via BTC-Parachain

The non-profit organization behind Polkadot, which is the Web3 Foundation, has decided to finance a new bridge that links the blockchain Polkadot network to Bitcoin (BTC). The London-based developer company Interlay is going to be funded by Web3 and build a BTC Parachain that brings BTC-backed assets onto the Polkadot network. The parachain will use […]

2020-3-6 21:23


Paris Blockchain Week Summit Announces Its 2020 Speaker Lineup

Following a Successful First Year, Global Conference to Feature Prominent Speakers in Politics, Technology, Business, and Finance, with support from Bruno Le Maire, FrenchMinister for the Economy and Finance Paris, France – January 16th, 2020 – Paris Blockchain Week Summit (PBWS), the first international conference held in France dedicated to professionals in the blockchain and […]

2020-2-25 13:25


Japan’s Finance Ministry, Financial Services Agency, and BoJ To Research A CBDC Launch

Japan is the latest country to show interest in developing a central bank digital currency (CBDC) as the central bank, finance ministry and financial authorities meet to discuss digital currencies. As one of the top countries in crypto and blockchain development and regulation, accelerated efforts are being placed to develop an official digital coin to […]

2020-2-25 19:04


Фото:

Hurry Up and Regulate Crypto, FSB Chair Urges World Leaders

The Financial Stability Board (FSB) is asking global finance ministers to step up their efforts in creating regulatory frameworks for crypto and other innovative digital payment systems. “Pressures That Can Lead to Market Fragmentation Exist” Crypto assets and their underlying blockchain technology have already disrupted the financial world to a great extent.

2020-2-20 18:20


Blockchain Research Institute and INSEAD release new Coursera for Blockchain in Finance

The Blockchain Research Institute (BRI), an independent, global think-tank dedicated to inspiring and preparing private- and public-sector leaders to be the catalysts of the blockchain transformation, today announced a new Coursera specialization, Blockchain Revolution in Financial Services, developed in partnership with INSEAD.

2020-2-20 21:22


OKEx Launches OKChain on Testnet, OKEx DEx Becomes First dApp on the New Blockchain

The leading global digital asset trading platform, OKEx has made its mark in the decentralized finance (DeFi) space by launching its first DeFi application – OKEx DEx. The introduction of OKEx DEx also coincides with the launch of the platform’s own commercial public blockchain called OKChain which simultaneously went live as a testnet. On multiple...

2020-2-16 16:43


China’s Top Private Bank Chair: Blockchain Tech Adoption Will Upgrade All Areas Of The Economy

China’s Blockchain potential could be unleashed to boost agriculture, finance and manufacturing, Chairman of Minsheng Bank states. In a report published on the Economic Information Daily, a China based publication, the Chairman of the first Bank in China to adopt blockchain technologies, Minsheng Bank, Hong Qi, said the world of blockchain, digital currencies and decentralized […]

2020-2-5 22:37


Japan’s Second Biggest Bank Joins SBI Holdings By Investing In Ripple-Powered MoneyTap

Japan’s second-biggest banking institution has teamed up with SBI Holdings to develop a financial service platform that will be based on blockchain, Japanese based Nikkei reports. Sumitomo Mitsui Banking Corporation (SMBC) is set to deposit money in Japanese financial conglomerate in efforts to enhance the utilization of distributed ledger technology (DLT) within the trade finance […]

2020-1-31 02:12


TTC blockchain DApp ecosystem project Tigris Protocol now open-source

TTC, a decentralized token-incentivized protocol for social network services and online communities, announced today it has made the decision to open-source the Tigris Protocol project. Tigris Protocol is a set of decentralized finance (DeFi) solutions operating on a TTC blockchain that offers a range of services, such as staking, collateralized debt, and Tigris Rewards Programs.

2020-1-31 14:16


Recap for Blockchain 2020 Kick-Off Summit happened last January 19, 2020 at Conrad, Manila.

Blockchain Technology can enhance the basic services that are essential in trade finance. Blockchain relies on a decentralized, digitalized and distributed ledger model. A simple analogy for understanThe post Recap for Blockchain 2020 Kick-Off Summit happened last January 19, 2020 at Conrad, Manila. appeared first on AMBCrypto.

2020-1-22 18:30


Winners revealed for $18K Stratis Smart Contracts Challenge

Stratis, an enterprise blockchain technology company, has announced the winners of its latest hackathon, the Stratis Smart Contracts Challenge. Attracting nearly 200 participants and 13 high-quality submissions, the online hackathon produced a range of smart contract applications spanning finance, law, identity, trade, supply chain, charity, healthcare, and gaming.

2020-1-21 13:10


Поддерживаемая ЦБ Китая блокчейн-платформа получила грант в размере $4.7 млн

Поддерживаемая Народным банком Китая торговая финансовая блокчейн-платформа (Blockchain Trade Finance Platform) получила грант в размере 32,35 млн юаней ($4. 7 млн). Об этом сообщает 8btc.

2020-1-20 11:22


Chinese Tech Giant Baidu Has Rolls Out Its Open-Sourced XuperChain Blockchain Network

Internet giant Baidu has just released its own cryptocurrency called Xuperchain. The news comes as China is preparing for launching the Yuan digital currency. According to finance. ifeng. com, Baidu’s Xuperchain has just been launched on January 6 with the Open Network, which is designed to empower SMEs and developers.

2020-1-6 18:27


Winnipeg Crypto Conference to educate businesses and individuals on the future of money and finance

The inaugural Winnipeg Crypto Conference will highlight numerous opportunities that blockchain and cryptocurrency innovations bring to the table. Winnipeg Crypto Conference 2020 has a lineup ofThe post Winnipeg Crypto Conference to educate businesses and individuals on the future of money and finance appeared first on AMBCrypto.

2019-12-19 09:30