Security audit firm CertiK and Hdac have partnered to bring Iot devices to the blockchain

Legal BlockBeats: Audit firm CertiK and Hdac are partnering to bring Internet of Things (IoT) devices to the blockchain. Hdac's Blockchain platform seeks to integrate secure certification, seamless mapping, and machine-to-machine transactions in the blockchain network with IoT devices. CertiK's blockchain engineering team worked closely with Hdac to review the design and implementation of its code base, which is expected to be released in the near future.

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A CertiK spokesman says THAT BECAUSE Hdac had previously invited CertiK to audit its code base, CertiK was aware of Hdac's plans to build a blockchain solution. This allows CertiK to seek formal cooperation with Hdac. A code base is a collection of source code used to build a software system and ACTS as a general library.

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In addition to the formal partnership between the two companies, CertiK co-founder Ronghui Gu will join Hdac's advisory board.

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Hdac, based in Zug, Switzerland, is owned by Hyundai BS& C's chief executive officer, Dae-Sun Chung. Modern BS& C is an independent IT and construction company and has no legal relationship with Hyundai. But Chung Dae-sun is the nephew of Chung Mong-koo, chairman of South Korea's Hyundai Group.

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CertiK received millions of dollars in funding from blockchain and encryption incubator Binance Labs in October 2018.

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