Quantstamp Joins DID Alliance

April 21, 2020
Quantstamp Announcements

Quantstamp is proud to announce that it is joining the DID Alliance, an open industry association focused on the development and maintenance of new industry standards for interoperable decentralized identity. With Korean and Silicon Valley companies as founding members, DID Alliance aims to develop and distribute decentralized ID technology that benefits companies globally. 

“The DID Alliance aims to improve interoperability of different decentralized ID projects to help this technology reach a global market,” noted Richard Ma, CEO of Quantstamp. “By joining the DID Alliance, we are solidifying our position in Korea while also aiming to help spread secure, decentralized ID technology that will benefit the world”

The DID Alliance aims to simplify decentralized ID creation and management. It will use blockchain for data connectivity, security and privacy. Founding members include Korean financial institutions such as KB Kookmin Bank and Shinhan Bank, as well as IT and technology companies such as Coinplug, Korea's largest blockchain patent holder, RaonSecure, a biometric authentication company, LG CNS, and Samsung SDS.

Benefits include improved data security, scalability, efficiency, interoperability and reduced costs. Data leaks will be reduced and identification processes can be made much faster, with reduced deployment and operational costs. The DID Alliance will also ensure that service providers can trust the identity of a user no matter what digital address provider they use, allowing for interoperability between various DID projects.

About DID Alliance

The DID Alliance is an open industry association created to drive the development of a standardized, interoperable framework for decentralized identity services to ensure the authenticity of and establish trust in digital identities. The group will contribute to the creation of a global ecosystem, the formation and operation of a collaborative network, the diffusion of standardized technologies and the development of the decentralized identity industry.

About Quantstamp

Quantstamp is a leading blockchain security company based in San Francisco, California, with offices in Tokyo, Toronto, Seoul, and Taipei. It offers full-service blockchain security auditing powered by automated tools, as well as enterprise blockchain development services. Its expert engineers have developed vehicle ID, personal ID, loyalty point systems, and other blockchain-based systems for a range of customers across government, automotive, and fintech sectors.

--

For more Quantstamp news or anything QSP crypto or QSP coin related, check out Quantstamp Reddit and QSP Twitter.


Quantstamp Announcements
April 21, 2020

Quantstamp is proud to announce that it is joining the DID Alliance, an open industry association focused on the development and maintenance of new industry standards for interoperable decentralized identity. With Korean and Silicon Valley companies as founding members, DID Alliance aims to develop and distribute decentralized ID technology that benefits companies globally. 

“The DID Alliance aims to improve interoperability of different decentralized ID projects to help this technology reach a global market,” noted Richard Ma, CEO of Quantstamp. “By joining the DID Alliance, we are solidifying our position in Korea while also aiming to help spread secure, decentralized ID technology that will benefit the world”

The DID Alliance aims to simplify decentralized ID creation and management. It will use blockchain for data connectivity, security and privacy. Founding members include Korean financial institutions such as KB Kookmin Bank and Shinhan Bank, as well as IT and technology companies such as Coinplug, Korea's largest blockchain patent holder, RaonSecure, a biometric authentication company, LG CNS, and Samsung SDS.

Benefits include improved data security, scalability, efficiency, interoperability and reduced costs. Data leaks will be reduced and identification processes can be made much faster, with reduced deployment and operational costs. The DID Alliance will also ensure that service providers can trust the identity of a user no matter what digital address provider they use, allowing for interoperability between various DID projects.

About DID Alliance

The DID Alliance is an open industry association created to drive the development of a standardized, interoperable framework for decentralized identity services to ensure the authenticity of and establish trust in digital identities. The group will contribute to the creation of a global ecosystem, the formation and operation of a collaborative network, the diffusion of standardized technologies and the development of the decentralized identity industry.

About Quantstamp

Quantstamp is a leading blockchain security company based in San Francisco, California, with offices in Tokyo, Toronto, Seoul, and Taipei. It offers full-service blockchain security auditing powered by automated tools, as well as enterprise blockchain development services. Its expert engineers have developed vehicle ID, personal ID, loyalty point systems, and other blockchain-based systems for a range of customers across government, automotive, and fintech sectors.

--

For more Quantstamp news or anything QSP crypto or QSP coin related, check out Quantstamp Reddit and QSP Twitter.


Learn more about Quantstamp's Enterprise Solutions
Enterprise Blockchain Solutions
Learn more about Quantstamp's Enterprise Solutions
Enterprise Blockchain Solutions
Quantstamp Announcements

Engineering Smart Contract Families for Solidity

Decentralized applications (dApps) (e.g., DEXes) increasingly span multiple Ethereum-compatible chains, such as a number of L2s. Although these chains are intended to be compatible with the Ethereum Virtual Machine (EVM), subtle differences in opcode implementations can significantly alter smart contract behavior and security. This poses an important question: how can developers efficiently code and manage smart contracts targeting different chains?

Read more
Quantstamp Announcements

Will EIP-7702 Affect Your Code?

The upcoming EVM hardfork, Pectra, amongst other changes, will implement EIP-7702, a proposal introducing a new transaction type that allows Externally Owned Accounts (EOAs) to delegate—and later undelegate—their behavior to smart contracts. While this upgrade enhances flexibility, it also disrupts long-standing security assumptions in many deployed contracts. With the risk that malicious actors may exploit these changes once Pectra is enabled, it is crucial to assess whether your codebase might be negatively impacted.

Read more
Quantstamp Announcements

When AI Meets Blockchain: A Guide to Securing the Next Frontier

In recent months, AI agents have attracted significant attention by the promise of assisting users and automating complex processes across diverse applications. The rapid performance improvements of Large Language Models (LLMs) in natural language processing (NLP) tasks drive this trend. However, as the capabilities and reach of these agents expand, so do the risks. The rapid pace of development, combined with the intricacies of integrating LLMs into real-world infrastructures—especially in dynamic fields like blockchain—has created an urgent need to scrutinize them for security, compliance, and operational integrity.

Read more
Quantstamp
Services
AuditsInfrastructure AuditsEconomic ExploitsInsuranceDeFi Protection
Resources
Audit ReportsAudit Readiness Guide
About
BlogTeamMediaCareers
Quantstamp
Back to Top
Follow
YouTubeGitHubLinkedInX
Quantstamp logo

Request an Audit

Quantstamp works with a wide variety of teams ranging from new DeFi protocols to established enterprises. 

Share some details about what you’re building and someone from our team will reach out as soon as possible. We appreciate your interest and look forward to hearing about your project!

Close
We received your request successfully

Thank you for expressing your interest in a smart contract audit. You will receive a confirmation email from us and our team will be in touch with you within the next few days.

In the meantime, please consider getting your code and documentation ready in accordance with the Audit Readiness Checklist.

Close
Oops! Something went wrong while submitting the form.
Quantstamp logo

Contact Our Press Team

Are you interested in writing about Quantstamp or learning more about us? 

Fill out the form and we will contact you shortly. We look forward to meeting you.

High-caliber team
Stellar track record
Chain agnostic
Strategic partnerships
Close
We received your request successfully

Thank you for contacting our press team. We will get in touch with you in the next few days.

Close
Oops! Something went wrong while submitting the form.
Quantstamp logo

Contact Us

Let us know how you would like to collaborate with us.

Close
Success
We received your request successfully

Thank you for expressing your interest in Quantstamp. We will contact you as soon as we review your message.

Close
Oops! Something went wrong while submitting the form.