CertiK is moving deeper into sovereign digital finance after partnering with the National Bank of the Kyrgyz Republic (NBKR) to strengthen the security and resilience of the country’s digital som. The partnership places CertiK within the central bank’s broader digital-asset and blockchain security framework as Kyrgyzstan develops its central bank digital currency (CBDC) infrastructure.
CertiK to support digital som security
Web3 security firm CertiK has inked a Memorandum of Understanding (MoU) with Kyrgyzstan’s apex bank, establishing a long-term partnership on Digital Som security. The move will see CertiK provide its security infrastructure for Digital Som, the Kyrgyz Republic’s attempt at rolling out a CBDC.
The NBKR disclosed that its intention with the MoU is to introduce security expertise into its CBDC offering “rather than retrofitting it later, Furthermore, the MoU will extend to Kyrgyzstan’s broader digital asset ecosystem as the central bank races to establish guardrails for the emerging sector.
coincodex.com
