Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

The financial industry is making new moves, with tokenization projects coming to light to bring traditional assets into the public blockchains and increasing their distribution and liquidity. The trend gained momentum with the issuance of bonds and other funds in the last 12 months.

Designing a blockchain-based product requires extensive planning in order to deliver a compelling set of features with the best possible user experience. Every aspect of the product matters – from the user interface to the backend logic in the codebase. However, important security and compliance vectors tend to slip through the cracks. This blog post aims to offer a new perspective on enhancing your blockchain product’s design and architecture by incorporating some key elements.

Zodia Markets, a UK-headquartered institutional crypto trading business backed by Standard Chartered, has integrated Fireblocks to support the increased adoption of digital asset-based cross-border transactions. This strategic move offers a first-of-its-kind solution to improve efficiency in cross-border payments using stablecoins.

The next crypto bull run is coming. Bitcoin’s price is up 120% from this time last year, and previous Bitcoin halving events have resulted in growth across the entire digital asset ecosystem. Given this growth, the space is witnessing significant institutional interest and a push for secure, reliable blockchain platforms.

A blockchain architect is responsible for high-level design, strategic planning, and tech decisions for blockchain-based products.

Fireblocks now offers instant fiat-to-crypto transfers across 5 of the most highly-transacted global fiat currencies, thanks to our integration with BCB Group. This advancement leverages the BLINC network, providing Fireblocks customers with the ability to quickly fund their exchange accounts and facilitate 24/7 fiat movement between trading venues and counterparties.

The Web3 ecosystem has experienced a sharp increase in spam NFTs. While spam NFTs may seem benign – commonly used as promotions for new NFT collections – they can also be used as a method for phishing unsuspecting users. Today, threat actors are using spam NFTs to drain wallets in a variety of ways. In this blog post, we take a closer look at some of these methods and the new security protections Fireblocks has developed to safeguard our customers.

XYZ Teknoloji, a FinTech company from Istanbul, has integrated Fireblocks to build its tech stack that addresses the gap between the traditional financial industry and the emerging blockchain economy. In the past year, over 25% of Turkish consumers transacted in crypto. That’s why XYZ developed an enterprise-grade software stack using Fireblocks to help Turkish companies capitalize on this popularity. XYZ offers Turkish institutions.

India-based e-commerce giant Flipkart is utilizing Fireblocks’ Wallets-as-a-Service to seamlessly create wallets on their FireDrops app, providing a user-friendly and highly integrated Web3 experience for their customers. To date, over 3.6 million active wallets have been created on the platform.

Fireblocks’ second annual user conference, SPARK ‘23, saw nearly 600 attendees representing over 300 companies in the digital asset and crypto space. Kicking off the conference was the welcome reception, which featured a spectacular drone show. The display set the tone for what SPARK is about – innovation and community. The conference empowers customers to maximize the full potential of the Fireblocks platform while forging new alliances with fellow leaders.