Goracle Partners with Vantage Point for Blockchain Security Audit
Switzerland — Goracle, a decentralized oracle network, is pleased to announce its partnership with Vantage Point, a leading blockchain security audit firm. Vantage Point will conduct a comprehensive security review of Goracle’s architecture, smart contracts, consensus mechanism, and overall security posture to identify and address any potential vulnerabilities or weaknesses.
Abdul Osman, CEO of Goracle, stated, “We are excited to work with Vantage Point to ensure the security and integrity of our platform. As a decentralized blockchain oracle, we understand the importance of providing accurate and reliable data to our users, and we take this responsibility very seriously. By partnering with Vantage Point, we can ensure that our platform is secure and ready to meet the needs of our users.”
A blockchain security audit is an important step in ensuring the security and reliability of a decentralized blockchain oracle. With the increasing number of attacks on blockchain networks, it is essential to have a robust security system in place to protect against vulnerabilities and threats. Oracles in particular, are one of the most targeted pieces of infrastructure in blockchain. Any compromise in the security or accuracy of the data could result in significant financial loss or reputational damage. The audit will identify any potential security risks and provide recommendations for addressing them, thus enhancing the security and reliability of Goracle’s platform.
“This partnership marks an important milestone for our company,” said Dabin Lee, Co-Founder of Vantage Point Blockchain Security. “As a trusted security partner for leading web 3.0 protocols we specialize in securing critical projects like Goracle. We are excited about this opportunity and look forward to working closely with them.”
About Goracle: Goracle is a decentralized blockchain platform. It serves as a trustless oracle service that provides reliable and accurate external data to smart contracts and decentralized applications (dApps) starting with the Algorand network. Goracle aims to provide a secure and scalable solution for decentralized applications that require reliable and up-to-date data from external sources.
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About Vantage Point: Vantage Point is a leading security audit firm that specializes in securing mission critical projects. Vantage Point is headquartered in Singapore and have a decade of experience as a trusted partner for financial service firms in South East Asia. 7 out of the top 10 Financial Service firms in SEA have relied upon Vantage Point to help maintain the highest standards of security and safety for their critical applications.
Vantage Point provides security services like penetration testing, smart contract audits, Wallet Audits, Cloud Security audits, Phishing Simulation and Red Team Services.