Asian cryptocurrency fintech company QUOINE has announced its Proof-of-Care alliance with Quantstamp, a protocol for smart contract security-auditing. The partnership signals a commitment between crypto start-ups and stakeholders to provide leading-edge security to blockchain users. Both QUOINE and Quantstamp hoping to address critical issues for the crypto ecosystem, promoting the support of communities to accelerate the mainstream adoption of cryptocurrencies.
Richard Ma, CEO of Quantstamp and the creator of the Proof-of-Care campaign, commented: “The Proof-of-Care alliance is all about community first. We excited organizations are joining the alliance because security and community engagement is the foundation for the growth of the blockchain community. Especially with QUOINE, because security is in their DNA.”
QUOINE recently received a license from the Japan Financial Services Agency, which entails strict adherence to national security and compliance requirements to prioritize the safety of customers’ digital assets. Quantstamp is building a security-audit infrastructure that enables smart contract developers to improve the security of their programs. This infrastructure allows exponentially growing blockchain projects to deal with their security needs.
CEO and co-founder of QUOINE, Mike Kayamori stated “It is our mission to foster security and compliance to safeguard our customers’ assets on our trading platforms. We are very proud to form a Proof-of-Care alliance with Quantstamp. We admire the way Quantstamp has built a community of supporters who strongly believe in the mission to enhance the security of smart contracts.”