Nord Finance forms a close-knit strategic partnership with leading security audit firm Zokyo

Casper Brown DeFi News published January 11, 2021 | modified January 12, 2021

Nord Finance forms a close-knit strategic partnership with leading security audit firm Zokyo

Nord Finance, a blockchain agnostic platform, is an advanced decentralized financial ecosystem that simplifies decentralized finance products for users by highlighting traditional finance’s key attributes. Deployed on the Ethereum Network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.

Nord Finance is building a one-stop advanced decentralized financial ecosystem to serve the rising needs targeting novice users and professionals to meet their financial goals.

Nord Finance-Security is an indispensable key to drive adoption

Nord Savings V1 is due for release in Q1 2021. The Zokyo team is working closely with Nord Finance to complete a comprehensive security audit to prepare for our product launch, including stablecoin liquidy mining yield farming strategies. This partnership with Zokyo will not be limited to Nord Savings infrastructure. It will also extend to all Nord Finance ecosystem products to solidify the ore technology stack’s security. Zokyo will dedicate an experienced security team to conduct offensive security services in tandem with the Nord Finance engineering team. Providing industry-acclaimed security evaluations, code audits risk management mechanisms for Nord Savings, Zokyo’s security team leverages malicious entities’ mentality to reduce risk exposure for projects. With the DeFi industry prey to malicious threats, an additional layer of protection is one of the prerequisites for projects to soar in the DeFi landscape. Zokyo blazes the trail by delivering immense value by relinquishing exposure to potential code exploitability.

Nord Finance – Simplified DeFi solutions for future

Nord Finance is an integrated solution for planning and executing your DeFi investments in a goal-oriented fashion for new entrants and those experimenting with decentralised space. The latest partnership with Zokyo focuses on establishing itself as a standard of trust and care in the DeFi landscape. Considering the dynamic activity, market volatility and malicious entities always vigilant to torment the growing industry, it is essential to upscale security standards. Thus transferring value to users and the community by making sure they are protected. 

With things scaling at Nord Finance, we are closer to our IDO on Polkastater. We are confident that 2021 looks promising for us. Find out more about how Nord Finance is striving towards revolutionizing the DeFi ecosystem.

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Casper Brown 366 Articles
I am an associate content producer for the news section of Coingape. I have previously worked as a freelancer for numerous sites and have covered a dynamic range of topics from sports, finance to economics and politics.
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