Written by Red Blog Cyber, What is blockchain security?
Blockchain security is a comprehensive risk management system for a blockchain network, using cybersecurity frameworks, assurance services and best practices to reduce risks against attacks and fraud.
Quote taken from the IBM website on cyber security and blockchain.
Red Team Physical and Forced Entry Consultants have been working with the Singapore-based MetaVerse team at ChaseReality.co on the best practice for high-level security in cyberspace to address all areas of security, from Social Security, Social Security Administration, and possible future security breaches in this space and how to address them and so much more which we will dive into below.
This is due to the growth and development in the MetaVerse space and the use of decentralized cryptocurrency.
With the development and real-world application of SoulToken, a decentralized free-to-claim crypto on the waves platform which was also created and minted by The MetaVerse founder Christopher Armstrong as a trust-free means for newcomers to gain access to the world of crypto, web 3 and The Metaverse for all at 0 cost as this is exactly what makes the Metaverse the Metaverse!
The Metaverse and its founder Chris Armstrong offer the ability to create and mint other coins and NFTs with future plans including staking and payment transactions via the MetaVerse by anyone.
Free open access to all is the goal.
We will be implementing the same level of security insight of multi-risk management that we already apply to physical risk management.
Our platform for crypto security will be a multi-platform and the use of fragmented network access, storage, and multi-factor passwords will mean that at any stage no one individual will have complete authority or control of the storage, transfer, or wallet keys.
More information regarding the process and development can be found via the main site and via the other many Red Blog and MetaVerse blogs.
The red team wishes you all a safe and exciting time in the MetaVerse.