Chaince have reached safety cooperation partnership with “slowmist technology”, which is a famous blockchain safety firm.
Slowmist will conduct full-aspect safety examination on servers, blockchain facility, service and code logic when and before the open test.
Slowmist will act as long term safety advisor of Chaince and provide continuously and timely safety and accounting services. Chaince will take suggestions from Slowmit to improve the platform safety strategies in the development.
Chaince will employ cybersecurity and blockchain experts as individual safety advisor in the future to reach a high safety level.
- Internal safety construction and Chaince technology team background
The CTO of Chaince team used to work in the military on cyber security and information battle. He has background on researching computer virus and over 20 years’ experience on cyber security defense, with plenty of knowledge on APP security, information control, data base defense and social engineering attack.
The technical director of Chaince started to work on blockchain technology from 2014. He masters the system structure and fundamental mechanism. He used to work on data management system and wallet system development in a blockchain famous trade platform, achieving bitcoin core contract coded individually and increasing the asset security of users.
Chaince has formed a platform safety group with CEO as chief leader, CTO and COO as vice leader, working on system and asset security. Security is regarded to be the most important requirement in platform operations. Chaince will adopt all necessary means to safeguard the asset security of every user.
- Asset protection methods
Hot and cold wallet separation. The asset in platform will mostly be stored in cold wallet that will never be connected to internet, preventing private keys from hackers.
Hot wallet nodes are totally separated with other servers and stay in high security level internal net. Only several authorized individuals can use hot wallet.
Hot wallet requires two individuals to conduct operations for maintenance. Every steps need double check to reduce errors.
Hot wallet has multi-backup structure to reduce risk. Any hot wallet problems will not influence asset in other wallet.
Asset in cold wallet is distributed in many addresses. Each address is protected by multi signatures. Cold wallet can only be used on condition that private keys and passwords of many administrators are provided.
Every transaction will be recoded and signed by all administrators.
- Asset storage method
All private keys of hot and cold wallet are stored in high level security bank safe and backup in several countries to prevent some unexpected disasters.
Hot wallet HD address memorable words are backup by several managers and make sure the proper and fluent function of hot wallet.
Cold wallet managers are set as various levels. When one of the manager can not take the responsibility, another manager will take his place to manage cold wallet. Manager and his backup manager will not take the same flight, train and car.
Chaince will always conduct ethical behavior and keep high level security of uses’ asset, achieving an open and fluent trading platform.
Chaince will try to anonymously public all trade records supported by hash trees. Decentralized trade platform based on EOS will be on plan to forward the open level of platform.
Chaince always welcome suggestions and supervisions from users.
We hereby present our sincere thankfulness to all dear users!