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The VerifiedX (VFX) Network the people’s network, a fully decentralized and deflationary layer 1 blockchain and Halborn, the award-winning blockchain cybersecurity firm, have announced a strategic partnership focused on strengthening the core security, audit transparency, and resilience of the VerifiedX protocol.
The collaboration will encompass comprehensive auditing of all core code, including consensus mechanisms, peer-to-peer validator services, and the overall network security posture of the VerifiedX Layer 1 ecosystem.
Beyond initial audits, the partnership establishes a long-term joint security program that includes:
“Security builds trust, and trust drives DeFi. Our partnership with VerifiedX reinforces the effort to make decentralized ecosystems and their blockchain foundations safer for everyone” – Gabi Urrutia, SVP Security & Field CISO
Partnering with Halborn ensures VerifiedX remains one of the most secure and transparently audited Layer 1 blockchains in the industry. The collaboration extends far beyond auditing code as it is creating an evolving standard of integrity and protection for the decentralized economy as the benchmark for security.
Halborn is the industry-leading blockchain security solutions firm
for enterprise-grade digital assets, trusted by the top financial institutions and
blockchain ecosystem leaders. Experience world-class, end-to-end security, from
smart contract auditing and pen testing to advisory services and beyond.
Halborn’s Past and current clients include Circle, Coinbase, Unisawp, Solana,
Animoca Brands, and Grayscale among others.
VFX (VerifiedX.IO) is the people’s network, a next-generation decentralized protocol that is both a universal layer 1 and a Bitcoin specific sidechain / reliever chain, focused on trust, transparency, and deflationary economics. With a fully mined supply and all network fees burned, VerifiedX operates as a zero-inflation, asset-backed blockchain purpose-built for everyday users, third-party adoption, peer-to-peer finance, tokenized asset verification, and secure on-chain storage.
The network’s native coin (VFX) can be accessed directly in-wallet, and enables minting of Verified Bitcoin Tokens (vBTC) with a 1:1 evergreen self-custodial peg coupled with smart contract utility and full asset recovery features for funds.
Providing robust in-wallet and self-custodial options for everyday users to plan, transact, save, spend, borrow, and vault Bitcoin, VFX funds, and digital assets are the cornerstone of the VerifiedX ethos. As the first universal layer 1 and Bitcoin reliever chain, the network dramatically reduces costs of ownership and frictions for everyday users and integrators around the world and provides multiple layers of convenience, security, and self-custodial empowerment.
