
By Certik
Building Stellar chain support to CertiK’s Skynet for community security and SkyInsights for compliance/risk monitoring.
CertiK aims to enhance the security and compliance/risk monitoring infrastructure of the Stellar ecosystem through two solutions: Skynet and SkyInsights. Skynet is the leading Web3 security platform that focuses on the community, monitoring security metrics for over 10,000 projects. It provides users with crucial security data for projects and timely alerts about incidents, enhancing transparency and trust. Since its launch in 2020, Skynet has made security information accessible to all crypto users, attracting millions of monthly visitors to skynet.certik.com. Skynet profiles summarize over 20 security metrics into an easily understandable score, covering aspects such as security audits, past incidents, bug bounty programs, and on-chain activities. Currently, Skynet does not support the Stellar ecosystem. The SCF grants will assist in developing a dedicated Security Leaderboard for Stellar-based projects.
SkyInsights is a platform for compliance and risk monitoring, ensuring projects remain compliant with emerging crypto regulations globally. SkyInsights features tools for KYC-Wallet Address Screening and KYT-transaction monitoring, alongside customizable alerts for real-time threat detection and risk management. As Stellar's adoption increases, SkyInsights' monitoring for illicit activities and flagging for compliance will become crucial for projects seeking an affordable and effective tool to manage risk. It stands as the only platform combining security focus with compliance and risk management, providing Stellar projects with access to CertiK's extensive database on illicit actors.
Together, Skynet and SkyInsights will enhance Stellar's security and compliance infrastructure, driving user trust, attracting new projects, and fostering greater transparency.
$50.0K

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