ADGM Partners with Hacken to Develop Blockchain Security Standards and Monitoring Solutions

ADGM Partners with Hacken to Set New Standards for Blockchain Security

Abu Dhabi Global Market (ADGM) has joined forces with Hacken, a prominent provider of blockchain security auditing services, to establish cutting-edge security standards and on-chain monitoring solutions within ADGM’s DLT Foundations framework. This collaboration aims to set a new benchmark for blockchain security and compliance, combining the regulatory expertise of ADGM with the security auditing capabilities of Hacken.

The Memorandum of Understanding (MoU) between ADGM and Hacken outlines key areas of collaboration, including the development of security and compliance standards, the implementation of advanced monitoring arrangements for DLT Foundations, and the creation of AI-enhanced monitoring solutions. This partnership positions both organizations at the forefront of building a secure blockchain ecosystem and underscores ADGM’s commitment to innovative regulatory frameworks and Hacken’s dedication to advancing blockchain security globally.

Dyma Budorin, co-founder and CEO of Hacken, expressed gratitude for the opportunity to support ADGM in this pioneering venture, highlighting Hacken’s experience in working with public sectors and government entities. Together, ADGM and Hacken are setting a new global standard for blockchain security and compliance.

This collaboration signifies a significant step towards enhancing security in the blockchain industry and ensuring the integrity of digital transactions. Stay tuned for more updates on this groundbreaking partnership.