Recently, PeckShield, the world’s top blockchain security company, announced that it has completed tens of millions of angel round financing, and the investor is Gaochun Capital. As a major security loophole that has been discovered and named for smart contracts such as BEC, SMT and EDU, PeckShield, the first company in the industry to release EOS security analysis report, will further base itself on the frontier of blockchain and monitor the ecological security risks in real time through the release of industry security reports to improve the overall security of blockchain ecology.

  

  PeckShield was founded in 2018 by Dr. Jiang Xuxian, the former 360 chief scientist and a tenured professor at North Carolina State University. The core member of the team is Dr. Haigui, who has many years of experience in the first-line Internet giants at home and abroad, and has profound attainments in mobile security in the past. The world’s first research project on malware genome on smart phones is from Professor Jiang Xuxian, and the research results have been adopted by more than 500 scientific research institutions and well-known multinational companies around the world. Professor Jiang Xuxian has led the team to submit a large number of high-quality vulnerability reports, and has won many thanks and bonuses from manufacturers such as Google, Qualcomm, Samsung and Huawei. In 2014, the application security vulnerability of Tesla Motors was discovered for the first time in the world.

  As an accounting system for distributed storage of information, blockchain can establish a trust relationship without relying on the trust endorsement of the central platform in the network environment, and the core cornerstone of trust lies in security. With the launch of an open-source blockchain platform with intelligent contract function like Ethereum, a large number of decentralized applications have been inspired by the blockchain ecology. A digital, fully transparent and decentralized contract intermediary can help users trade on the blockchain platform. However, in the process of the sustainable development of the blockchain platform, the whole ecology is inevitably experiencing various challenges and security risks.

  Professor Jiang Xuxian introduced, "The company will systematically and comprehensively grasp and monitor the security risks of all aspects of the ecology in real time by combining its in-depth understanding of the underlying technology of blockchain and rich experience in the field of security research. At the same time, through the release of industry security reports and the disclosure of responsible vulnerabilities, we will help manufacturers identify risks and solve problems, enhance the awareness of security and privacy in the blockchain field, and jointly build a better blockchain ecology. 」

  The blockchain security report recently released by PeckShield has aroused widespread concern and discussion in the industry. The team used the self-developed risk assessment system to completely scan the Ethereum blockchain, and successively discovered and named major security vulnerabilities related to BEC, SMT and EDU. The EOS Token security analysis report was also released by PeckShield for the first time in April this year. The company completely scanned the positions of exchanges and investors in the entire EOS ecosystem, and also made a detailed interpretation of the potential security risks of EOS holders. It was found that 60% of EOS investors were not mapped, and repeatedly called on EOS project parties and communities to pay attention to avoid possible rights or investment damage.

  Yue Bin, the founding partner of Gaorong Capital, said, "Gaorong pays attention to technologies and applications that can really promote the benign development of blockchain ecology. In the blockchain field with trust as its lifeline, security is undoubtedly one of the most important technologies. The vision of Professor Jiang Xuxian’s team to improve the overall ecological security through the world’s top technical capabilities and deep insight in the field of blockchain security is very touching to us. Gao Rong hopes to work with Paidun Technology Team to jointly promote the ecological security and benign development of blockchain. 」


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