EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

Digital Asset Clearinghouse Completes CertiK Security Audit of DACC ChainFusion™ Smart Contract

2026-08-18 00:13:41
Bookmark

Digital Asset Clearing Center completes CertiK's security audit of DACC ChainFusion™ smart contracts

Won the Gold Medal in the "Bank-as-Service Innovation" category at the 2026 Juniper Research Financial Technology Payment Awards

Hong Kong, August 17, 2026/PRNewswire/ --Digital Asset Clearing Center (DACC), as Hong Kong's leading cross-border bank-level Web3 global independent clearing ecosystem, Today announced that CertiK, the world's largest Web3 security service provider, has completed a security audit of smart contract codes for specified components of the DACC ChainFusion™ technology platform.

This audit evaluated potential vulnerabilities in relevant smart contract code, including privileged features, role-based permissions, access control logic, and other security-related aspects. The audit results and recommendations have been recorded in CertiK's final audit report. This cooperation comes at a time when Hong Kong's digital bond ecosystem continues to develop and interest in bond tokenization is growing. DACC ChainFusion™ is designed to connect traditional finance with public and private blockchain networks.

"With institutional adoption of tokenized assets increasing, and Hong Kong actively positioning itself to seize this market and launch tokenized assets to retail users, we are committed to becoming the direct regulatory interface for digital assets from issuance to distribution through DACC ChainFusion™ technology," said Serra Wei, co-founder and chairman of the Digital Asset Clearing Center. "A stronger foundation for the tokenized market begins with security. As part of its process to support retail digital asset bonds, DACC commissioned CertiK to conduct a smart contract review of the DACC ChainFusion™ platform."

Smart contract security audits are an important part of evaluating the code that supports the issuance and life cycle of assets on the chain. Smart contracts support key processes throughout the life cycle of tokenized assets, including issuance, ownership recording, programmatic events, and settlement workflows. For issuers, investors and financial institutions, confidence in smart contract architecture is crucial. DACC ChainFusion™ uses bank-level hot and cold wallet isolation and real-time KYT/AML transaction screening, and is designed with security, transparency and national-level operational controls.

"CertiK is committed to providing comprehensive security solutions that help protect digital assets and enhance security across the entire Web3 ecosystem," said Yuannan Yang, director of security engineering at CertiK. "As tokenized assets become increasingly integrated into mainstream financial markets, security needs have been taken into account from the beginning. DACC has made it a clear priority during the development of ChainFusion™, and we value the opportunity to work with the DACC team on this important step."

To showcase the innovation behind DACC ChainFusion™, Juniper Research awarded the Digital Asset Clearing Center a gold medal in the "Bank-as-a-Service Innovation" category at the 2026 FinTech Payments Awards. The Juniper Research Future Digital Awards recognize start-ups and mature companies that shape the future of financial services. The entries were reviewed by Juniper Research's analyst team, evaluated based on strict standards, and verified by the company's review team.

About CertiK

CertiK is the world's largest Web3 security service provider, headquartered in New York. Since its establishment in 2017, the company has grown into a trusted risk management partner for regulators, agencies and Web3 innovators around the world. CertiK provides AI-driven full lifecycle risk management solutions that can be integrated directly into institutional customers 'System Development Lifecycle (SDLC). To date, CertiK has detected more than 119,000 vulnerabilities in more than 150 countries and regions, protecting more than US$600 billion in digital assets. CertiK complies with SOC2 Type II and ISO 27001 standards and works closely with global regulators on digital asset policy development and regulatory advice.

About Digital Asset Clearing Center (Hong Kong)

Digital Asset Clearing Center (https://dacc.hk) is an award-winning open financial market infrastructure that aims to build Hong Kong's first bank-level Web3 global independent clearing ecosystem and integrate with CIPS. Through a unified dual-core clearing track, bank-level hybrid custody, AI automated back office, and deposit-to-money handling (DvP) and cross-border stablecoin liquidity centers, DACC has built an institutional-level cross-border bridge to connect traditional CIPS/digital RMB statutory funds flows to RWA tokenized assets. DACC provides real-time, secure and regulatory compliant services to authorized agency participants. As the direct regulatory interface for tokenized assets from issuance to distribution, the DACC follows the core standards of the Hong Kong Securities and Futures Commission and the HKMA circulars.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP