Hacken becomes a cybersecurity partner of e-Mal, a decentralized financial ecosystem designed in Dubai
A full-fledged financial ecosystem, e-Mal, has signed an agreement with Hacken to ensure the protection of their wallet. This strengthens e-Mal’s aspiration to create the smart financial ecosystem.
In 2014, the largest, most populated city in the United Arab Emirates (UAE) Dubai created the Dubai Plan 2021 through a series of workshops, data collection, and comparisons to benchmark cities. This ambitious plan addresses urban environments, including both natural and built assets, and also focuses on the city’s development engine. In fully supporting the Smart Dubai 2021 Strategy, e-Mal has introduced smart, efficient, cost-effective, and secure financial solutions.
“By creating a whole new peer to peer ecosystem, e-Mal aims to revolutionize the way individuals, small businesses, and micro-entrepreneurs make payments and borrow money, providing access to associated products like insurances, domestic and cross-border remittances, cards and other general banking products, all while using blockchain technology.”
Recognizing the ascending trend in cyber attacks, e-Mal aired on the safe side and decided to employ Hacken to ensure smart contract and platform security.
The goal of the smart contract audit is to find and fix security issues protecting the application from black hat hackers. Our audit aims to check whether a smart contract is vulnerable to known attacks: reentrancy, overflows and other problematic issues. Hacken verifies whether or not the application has any logical or access control issues, and ensures its compliance with the Solidity Code Style guide.
After the security assessment, Hacken will provide a report with concise recommendations regarding possible responses to any found bugs or vulnerabilities.
«We are delighted to have Hacken on board with e-Mal as our cybersecurity partners. We believe their testing and security services will further enhance the e-Mal blockchain platform and we will continue to ensure that our users are always transacting in the most secure manner. We believe in partnering with companies which are not only about services but which add the extended value to the UAE's National Agenda we are following. As we are promoting e-Mal, a digital Fin-Tech platform, we want to ensure that our users take comfort while transacting on the e-Mal platform and are confident that the partnership with Hacken will add comfort to the e-Mal user experience» — Yasmine Khan, Founder/CEO of e-Mal.
Wrapping up: e-Mal paves a new way to a decentralized and secure financial ecosystem. The company aspires to improve and enhance the way society transact, utilizing the latest blockchain technologies. Hacken is more than proud to support e-Mal in their endeavors. All in all, the best way to be protected is to keep hackers on your side.
It’s a community-driven business organization, consisting of the HackenHub, HackIT cybersecurity forum, HackenProof bug bounty platform, and Crypto Exchange Ranks.