Hacken, which runs the bug bounty platform HackenProof allowing developers in the blockchain space to ensure that their projects are safe, secure, and trusted, is migrating their blockchain-related operations and their ERC20 token onto the VeChainThor blockchain.
The Hacken community of roughly 2,000 white hat hackers focuses on cybersecurity and hack prevention.
According to the announcement,
“Over the last two years, the Hacken team’s Hackenproof Bug Bounty Platform, which, with the help of the community resulted in world-class white hat hackers protecting more than 200 companies and projects including The US Department of Defense, AirAsia, and TradingView. Hacken is also the only cybersecurity partner of the Data Accountability & Transparency Alliance (DATA).
DATA is an alliance co-founded by Coinmarketcap.com, with members consisting of 23 major cryptocurrency exchanges and Hacken as the only strategic entity.”
The Hacken team says while many projects decide to build their own blockchain protocols, a lack of strong developers can result in an enormous number of hacker attacks on weak protocols. The company says they chose VeChainThor because of its superior security, technology and growing ecosystem of real-world merchants.
“All blockchain-related operations, including transactions, storage, smart contract development and token minting, will all be done on the VeChainThor blockchain.”
“DNV GL, PWC, Deloitte, and many other corporations are actively working together with VeChain in pursuit of blockchain mass adoption. Hacken shares a similar enterprise client; we understand it takes a lot of professionalism and trustworthiness for enterprises of that caliber to lend their name.”