Doge Sound Club, which claims to be the first South Korean NFT project, and Uppsala Security, a company specializing in blockchain and virtual asset regulation technology (Reg-tech), announced the signing of a partnership on the 10th of January “with the goal of improving Web3 security.”
The two companies announced that through this partnership, they joined forces “to increase the outreach of the ChainKeeper service and raise awareness around digital asset security in the Web3 ecosystem.”
ChainKeeper is “a security service backed by Uppsala Security that can identify the authenticity and risk of threat data in the Web3 environment with just one search based on more than 75 Million threat indicators.” The platform was first “launched in the second half of December 2022.”
An official from Doge Sound Club addressed the background of the partnership by saying:
“In a situation where Web3 is expected to grow by absorbing existing industries beyond blockchain in the future, it is our responsibility to prepare security for it in advance. Assets are stored in conjunction with wallets, but there still needs to be more awareness or education among users on how to store and transact digital assets safely. Incidents related to malicious activity continue, so it is necessary to reconsider public awareness.”
After introducing the Mates series, which is the first South Korean PFP (Pictures For Profile) project, Doge Sound Club continues “to cooperate with domestic ventures including LG Household & Health Care.”
Uppsala Security is “a state-of-the-art provider of award-winning security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security.”
It has been “active in the investigation of the recent Terra/LUNA crisis, solidifying the cooperation with domestic and foreign investigation agencies.”
Doge Sound Club CEO Kwon Tae-hong said:
“Recently, hacking incidents have occurred at a more frequent rate in the NFT industry, and many users are complaining of the painful consequences. I hope this new partnership will be an opportunity to let many people know about the existing security solutions and choices they have to protect their valuable assets.”
Patrick Kim, Founder & CEO of Uppsala Security, said:
“Based on the NFT hacking incidents that happened not too long ago, I felt that the attention of the hackers is focused on Web3 digital assets with weak security systems”. He also added, “The best security is to recognize the risks in advance. We will make it possible for many people to safely operate and manage digital assets in the Web3 environment through the adoption of the recently launched ChainKeeper platform”.
