Blockchain
Akash Network, the First Open-Source Cloud, Partners with CertiK, the Blockchain Cybersecurity Leader
Akash Network, the world’s first decentralized open-source cloud, today announced a partnership with CertiK, the leading Blockchain and Smart Contract Cybersecurity company.
Through this partnership, CertiK’s clients will be able to decentralize their cloud infrastructure on Akash’s permissionless, censorship-resistant, and lower cost open-source cloud platform, while ensuring on-chain protection backed by CertiK’s trusted products and services. Akash Network’s community will be able to leverage CertiK’s industry-leading suite of security solutions to secure deployments and node operations on decentralized cloud.
CertiK Chain provides developers with coding safeguards and flexibility, facilitating blockchain adoption for developers and large enterprises while empowering trust in blockchain technology.
This partnership materializes the potential of Web3. CertiK nodes are now running on Akash MAINNET 2, the world’s first decentralized cloud.
“At CertiK, we’ve always admired what Akash has done for the general Cosmos community and the blockchain industry as a whole. We are a true believer in the DeCloud movement led by Akash Network. As we are seeing more and more projects joining the web3 revolution, it is only right if CertiK and Akash join forces to deliver a secure, scalable, and truly decentralized cloud that is not only cost-efficient but also powered by the people,” said Jay Jie, Head of CertiK Chain.
With Akash MAINNET 2, decentralized finance (DeFi), decentralized applications (dApp), and decentralized organizations (DAO), will now be able to migrate from their existing centralized cloud providers like Amazon Web Services, Google Cloud, or Microsoft Azure, to Akash, the first viable decentralized cloud solution in the market. And now with CertiK, they can layer on monitoring and security, providing an extra layer of protection in the DeCloud.
Akash Network and CertiK are also exploring the possibility of deploying Pancake Swap’s front-end on a decentralized cloud to demonstrate the capabilities of a censorship-resistant and permissionless cloud, protected by CertiK’s cloud security product, CertiKShield, a decentralized on-chain tool to reimburse lost or stolen assets. DeFi protocols and users can leverage CertiKShield as a hedge against audits.
“We’re thrilled to partner with CertiK, a leader and pioneer in blockchain cybersecurity, to enable DeFi and blockchain projects to decentralize their cloud infrastructure, while layering on cutting-edge monitoring and security technologies. Together, we will expand the capabilities of Web3, enabling developers to build faster, with more freedom and security, and at lower cost,” said Boz Menzalji, COO of Akash Network.
Users can click here to start migrating CertiK nodes to Akash’s decentralized open-source cloud.
For media inquiries, please contact Kelsey Ruiz at (916) 412-8709 or kelsey(at)akash(dot)network.
Blockchain
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Blockchain
This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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