AnChain.AI, a leader in blockchain security and RSAC Innovation Award winner, has been selected as a recipient of a Wave 3 Coreum Grant. This strategic partnership significantly strengthens the security framework of the Coreum ecosystem, demonstrating a commitment to upholding the highest standards of security and compliance for users, token holders, and projects building on the blockchain.
Founded by experts in cybersecurity and corporate software, AnChain specializes in AI-powered solutions that enhance security and compliance across blockchain networks. Their advanced analytics and proactive security measures are designed to detect anomalies and prevent fraudulent activities efficiently and cost-effectively.
Blockchain Ecosystem Intelligence (BEI) API
At the heart of AnChain.AI’s offering is the Blockchain Ecosystem Intelligence (BEI) API, a transformative tool that will be integrated into the Coreum ecosystem. Utilizing advanced AI/ML technologies, BEI provides:
- Real-time risk assessment
- Transaction monitoring
- AML/CFT compliance across Coreum’s blockchain
This integration allows developers, investigators, and compliance officers to manage risks effectively by delivering immediate, actionable insights into transaction history, risk scores, and attribution data. BEI ensures transparent interactions within the ecosystem by precisely identifying on-chain entities and screening wallets and transactions for compliance with AML/CFT regulations. This robust security measure helps prevent criminal or sanctioned entities from infiltrating the platform, ensuring the integrity and safety of Coreum’s operations.
The Partnership and Its Impact
Through this strategic partnership, AnChain.AI will integrate its cutting-edge security technologies with the Coreum blockchain, including:
- AI-powered behavior analytics
- Smart contract auditing tools
- Real-time monitoring and response systems
The collaboration is expected to have several positive impacts on Coreum’s ecosystem:
- Enhanced Security: Implementation of effective threat detection and response systems.
- Compliance and Regulatory Benefits: Improved ability to meet global financial regulations, attracting institutional investors and regulated industries.
- Building Trust: Fostering greater user confidence and promoting broader adoption of the Coreum platform for diverse applications.
Future Outlook
The collaboration between Coreum and AnChain.AI marks a crucial milestone in Coreum’s endeavor to provide a robust and user-friendly blockchain platform. For further information about AnChain.AI and Coreum’s security initiatives, interested parties can visit the AnChain.AI official website and learn more about the Coreum Grants Program.
About Anchain
The AnChain.AI team is dedicated to securing the future of Web3 digital assets, utilizing our unmatched expertise in smart contracts, AI-powered risk engine, and cybersecurity pedigree to bring the fight to bad actors.
About Coreum
Coreum, the world’s first Superledger. A 3rd-generation, layer-1 blockchain architected for enterprises of any size, from startups to large corporations. Providing a remarkable transactional speed of up to 7,000 TPS and ISO20022 compliance ensures expedient and economical transactions across a swift and secure PoS network.
Website: coreum.com
Twitter: @CoreumOfficial
TG: @CoreumOfficial
