One of the top crypto exchanges in the world will be working alongside Carnegie Mellon University’s (CMU) computer research center CyLab for a blockchain security initiative.
Based on the official press release by Crypto.com, the exchange will be helping CMU’s Secure Blockchain Initiative by working alongside its CyLab Institute and becoming the official sponsor.
Carnegie Mellon University was chosen by Crypto.com due to its knowledge, expertise, and research in computer science and cybersecurity throughout several institutes like the School of Computer Science or its College of Engineering. This will give the crypto exchange direct insight into the methodology of building a safe blockchain environment.
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Head of Research at Crypto.com Henry Hon spoke on the partnership with CMU, stating:
"We are hoping to enhance the security of our blockchain through learning and collaborating with experts. In 2022, CMU ranked first in the specialty areas of artificial intelligence and cybersecurity. Cybersecurity is very relevant to the blockchain industry."
As far as the partnership goes, Crypto.com has signed a three-year strategic agreement with the university and will be looking to address security and privacy issues, which are the most crucial in the blockchain environment.
Elaine Shi, who is an Associate Professor at CMU’s Computer Science Department, highlighted the funding received by Crypto.com, which will help the university’s Secure Blockchain Initiative to "expand its research and educational programs on blockchains."
