Home / Blockchain / The Japanese Cybersecurity Group debuts with Blockchain Scan Tool, a ConsenSys Diligence partner

The Japanese Cybersecurity Group debuts with Blockchain Scan Tool, a ConsenSys Diligence partner

A computer security subsidiary of the Japanese Nomura Research Institute (NRI) presented a new blockchain security alarm tool in a November 8 press release, also confirming a partnership with the US blockchain software company ConsenSys.

With the tool, dubbed "Blockchain Security Monitoring Service", NRI SecureTechnologies (NRI ST) stated that it aimed to increase security in blockchain implementations by informing operators about "vulnerabilities".

The solution's first solution will point to the weaknesses of the smart contract, says the release, while at the same time NRI ST will work with ConsenSys' Diligence team to expand its security offering.

Last week, a group of researchers from two American universities found that the lack of diversity in Ethereum's smart contracts could pose a threat to the ETH blockchain ecosystem.

Commenting on the partnership plans, the co-founder of this last Tom Lindemann explained:

"We plan to work closely together to bring powerful automated analysis services for automated contracts to customers around the world and to promote our common goal of making Ethereum safer for everyone."

Meanwhile, NRI itself continued to interact with cryptocurrency, publishing periodic prospect reports on the markets.

In the future, NRI ST plans to expand its operations to new foreign markets through agreements with other "financial technology companies" that are still anonymous.

This, the press release concludes, "will broaden the scope of this service and contribute to the security sector in the development of blockchain technology and for companies that use it".

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