en
Back to the list

GoPlus partners with Neo for node-level security on Neo X Sidechain

source-logo  crypto.news 12 September 2024 14:57, UTC

Web3 security platform GoPlus has partnered with Neo’s EVM-compatible sidechain, Neo X, to enhance node-level security.

This makes Neo (NEO) X the first blockchain to integrate GoPlus’ Security Module, which delivers a basic layer of protection for users on the sidechain, according to a press release shared with crypto.news.

The integration introduces an on-chain firewall through the GoPlus User Security Module (USM), which automatically screens transactions based on users’ customized security preferences.

Essentially, this new system automatically checks transactions for risks and blocks dangerous ones, helping to keep users’ assets safe. By blocking risky transactions in real time, Neo X will improve and secure interactions while bolstering asset protection.

You might also like: Hong Kong’s licensed crypto platform OSL set for brand overhaul

USM details

The USM operates as a bridge between user transactions and GoPlus’s SecWare services. When a transaction occurs, it is assessed in real time by GoPlus’s AI-powered security system, which decides whether to proceed or block the action based on its safety assessment.

Designed as a modular solution, GoPlus’ USM can be integrated with any blockchain to improve user protection and combat various threats. By partnering with Neo X, GoPlus offers an end-to-end security solution, ensuring node-level security while maintaining Neo X’s permissionless and decentralized nature.

John Wang, Head of Eco-Growth at Neo, highlighted the significance of this partnership, stating that it combines with Neo’s upcoming anti-MEV feature to provide “unprecedented levels of security and fairness.”

You might also like: Coinbase launches cbBTC, a wrapped Bitcoin token
crypto.news