BNB Chain, a blockchain closely associated to the world's largest crypto exchange Binance, has joined hands with leading blockchain security audit firms to start security infrastructure project AvengerDAO, the platform announced on Tuesday.
BNB Chain is the world's largest smart contract blockchain and has processed over three billion transactions to date and has more than 1300 active dApps.
The system will provide a multi layer security through Meter, a passive API (application programming interface) system that will allow applications to request security ratings and send back alerts to flag bad actors, the announcement said.
Two additional platforms, Watch, a subscription based alert system, and Vault, a programmable fund management system, will warn subscribers in real time when security exploits occur and assist safe passage of funds between parties according to the providers' internal rules, respectively.
"We want to enhance further adoption of blockchain technology by setting...
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