Image: Fuse x Check Point Software Ltd.
Layer 2 payment platform, Fuse strikes a strategic collaboration with Web 2.0 cyber security firm, Check Point Software Technologies Ltd.
The partnership will enhance prevention measures against hacks on the Fuse blockchain.
Check Point Software infrastructure will leverage AI to provide real-time detection and prevention across the Fuse ecosystem.
Announced this Tuesday, Fuse, the blockchain-based payments ecosystem for Web3 businesses and users, is partnering with Check Point Software Technologies Ltd., a NASDAQ-listed cyber-security firm, to advance its firewall protection across its blockchain ecosystem. The partnership introduces the first-of-its-kind AI-powered threat detection and prevention layer for blockchains, aiming to secure Fuse’s smart contracts and wallets in real time.
The partnership follows the recent efforts by Fuse to bolster security across its platform, as hackers find more sophisticated methods to bypass security (remember, Bybit Exchange hack?). Integrating a “best-in-class web3 security layer” brings Fuse closer to leading the payments ecosystem across Web3 and setting an example for securing blockchain payments. Moreover, the partnership will help prevent hacks and other incidents that are a constant threat across the omnichain landscape.
According to Fuse CEO Mark Smargon, the push towards AI-powered security layers will advance the blockchain’s ability to identify and mitigate threats before they have had a chance to develop, moving blockchain defense from detection to real-time prevention.
On the partnership with Check Point Software, Smargon stated:
“Prevention is always better than a cure, particularly with crypto networks that serve as the backbone for global payments. With Check Point providing a dedicated security layer, we’re confident that we can not only deter hackers, who are becoming increasingly sophisticated, but pioneer a cybersecurity model that will become the gold standard for protecting web3 protocols.”
Check Point Software Technologies has been at the forefront of offering cyber security solutions in the Web 2.0 space for the better part of three decades. The company leads in providing enterprises with AI-powered, cloud-delivered cybersecurity platforms, with over 100,000 companies already under its wing. The entry to Web3 could be a game-changer, helping blockchain firms proactively deal with hacks, threat anticipation at smarter, faster response times.
Dan Danay, Head of Web 3.0 Security at Check Point Software Technologies, believes the partnership with Fuse will “set a new standard for blockchain security”, which will be key in promoting global adoption of crypto payments.
“We’re proud to partner with Fuse and bring Check Point’s real-time threat prevention to Web3. By applying our leading threat intelligence, we’re setting a new standard for blockchain security—protecting users, wallets, and dApps,” said Danay. “Just as robust cybersecurity powered the rise of Web 2.0, real-time prevention will be key to Web3’s mainstream adoption.”
Following the partnership, Fuse will foster a safer ecosystem for all users and developers. Furthermore, by advancing security, the Web3 firm will accelerate its goal of mainstreaming crypto payments for B2B and B2C applications.
Check Point’s technology will enhance real-time transactions and user payments by leveraging advanced AI-powered threat engines that draw from more than 30 years of global cyber intelligence. In addition, the collaboration with Check Point will not only advance blockchain security through smart contract audits but also enhance threat detection amongst malicious external actors. The integration will offer comprehensive protection across the entire network, reinforcing Fuse’s commitment to safeguarding user funds and trust while establishing new standards for blockchain security infrastructure.
The Fuse team believes Check Point Software’s decades-long expertise in cyber security will be beneficial in the coming future as well. The partnership will support Fuse in its quest to become the preeminent web3 network for stablecoin payments. In the process, it will champion better blockchain security for all users across its ecosystem.
Another security news on Fuse, the platform launched the Ember Nodes for public purchase, with support from leading partners including Collider Ventures, Tectona, Spark, TRGC, and Blockchain Founders Fund. The sale released 12,000 exclusive node licenses to help secure the network. It attracted broad community support, allowing users to acquire nodes and participate in network governance and validation.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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