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Korean media interviewed CertiK’s Chief Business Officer: Continue to focus on the Korean market and work hard to solve Web3 security and compliance issues

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CertiK
09-25
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As a leading Web3.0 security company, the event held by CertiK and CertiK Ventures during KBW attracted widespread attention from the industry. CertiK has always maintained a close cooperative relationship with the local government of South Korea and provided strong support in the field of compliance. The recently upgraded CertiK Ventures can better support local blockchain projects in South Korea. The above measures not only mark the effective expansion of CertiK in the Korean market, but also demonstrate its far-reaching influence in the Korean industry. In view of this, Decenter, an authoritative blockchain media in South Korea, conducted an exclusive interview with CertiK's Chief Business Officer to gain a deeper understanding of CertiK's business strategy and its latest developments in the field of Web3.0 security.

The following is the full interview:

[Decenter Interview] CertiK: “Blockchain security loopholes still exist…will fill the loopholes in Meme coin auditing”

Web3 security company CertiK visited South Korea again this year, demonstrating its continued attention to the Korean market. CertiK has been actively involved in the project as a partner of the Busan Virtual Asset Exchange since its early days, and has signed a memorandum of understanding (MOU) on virtual asset cooperation with the city of Seoul, maintaining a close working relationship with the local government. On the 4th, Jason Jiang, Chief Business Officer (CBO) of CertiK, said in an interview with Decenter: "We believe that the Web3 field will flourish in Asia, so we will focus on this region. Currently, CertiK is responsible for auditing all on-chain products of the Korean project WEMIX, and is deepening its cooperation with KAIA."

CertiK's "CertiK Ventures" investment portfolio, established in May this year, includes blockchain projects such as WEMIX and LINE. He said: "We started fund investment in 2022 and officially started investing in projects in May this year. By investing in emerging projects, we hope to make more contributions to industry security." CertiK Ventures plans to increase the accessibility of security technology through project investment and help build a more secure ecosystem. CertiK's chief business officer also added: "Our investment is not limited to the Web3 field, but will also help Web2 companies transform to Web3. Our goal is to create a highly secure ecosystem and promote the popularization of the industry."

He stressed that blockchain security still has a long way to go, and no one has yet found a perfect solution to fully discover blockchain vulnerabilities. He pointed out: "Although emerging security technologies have made some progress in improving the security of exchanges and blockchain ecosystems, I think the current problems with Meme coins are still very serious." In response to the shortcomings of auditing Meme coins, CertiK recently launched the "SkyKnight MemeScan" solution, which enables users to easily view the audit results of Meme coins based on multiple blockchains such as Solana. Users only need to enter the Meme coin address to obtain relevant audit information for free.

Chief Commercial Officer Jason Jiang pointed out that the public's awareness of blockchain security needs to be further improved. He said: "With the approval of virtual asset spot ETFs, traditional funds are gradually entering the Web3 market, and the overall virtual asset market will show an upward trend, but it will not be a smooth upward curve." He added: "In the process of solving the security and compliance issues of Web3, the market will experience ups and downs. To promote the development of the industry, we will continue to work closely with enterprises."

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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