The company will offer an exclusive workshop to promote awareness of DeFi security challenges in South Korea and beyond
In 2021 alone, almost US$10 billion worth of assets were stolen due to the vulnerabilities within smart contracts. Through this executive workshop, audiences will explore the differences between Web3.0 and Web2.0 from a security perspective, as well as learn about the major types and causes of smart contract vulnerabilities. The workshop will also include a live demo search for vulnerabilities within real smart contracts live on DeFi services. Not only will audiences learn about previously discovered vulnerabilities, but will also take home practical methodologies for finding and fixing vulnerabilities.
“Sooho.io is excited for the opportunity to participate at Korea Blockchain Week 2022 and share our insights into the future of DeFi with like-minded crypto enthusiasts. As larger companies adopt the same pioneering spirit we once embarked with, events like these are increasingly important to fostering a healthy ecosystem for sustained growth. Representation at this event brings Sooho.io closer to the crypto community, helping us in our commitment to strengthening Korea’s DeFi ecosystem,” said Jisu Park, CEO, and Founder of Sooho.io.
Earlier this year, Sooho.io expanded its services and developed a bridge layer for Web 3.0 reminiscent of a SWIFT service on top of Lambda256’s The Balance mainnet. The mission of The Balance is to develop various types of decentralized apps (dApps) to build out the ecosystem, involving projects such as IPFS, play-to-earn, oracles, DEXs, NFTs, wallets, and stablecoins, supporting effortless and seamless integration with existing services.
“Being based in an emerging blockchain hub (South Korea) has afforded me nuanced perspectives on DeFi security. Navigating an industry presented with boundless opportunity and promotion of greater diversification inevitably comes with associated risks. I’m looking forward to sharing my thoughts, and see this as a means to forward discourse among entrepreneurs, investors, and blockchain pioneers alike,” said Jasper Lee, Audit Tech Lead at Sooho.io.
During Korea Blockchain Week 2002, Sooho.io will also launch EspressoNFT on Ethereum and Polygon networks. Holders of EspressoNFTs can visit Sooho.io’s cafe for a free drink located adjacent to the Gangnam Station. The Sooho.io cafe will also be hosting after-parties organized by the Ethereum, Cosmos, and Polygon communities.
Hosted by FactBlock and co-hosted by Hashed, Korea Blockchain Week 2022 brings together the industry’s most influential players and pioneers to discuss blockchain technology, cryptocurrency, DeFi, NFT, Metaverse, Web3, and more. The conference will feature inspirational keynotes, panel discussions, pitch competitions, investor meet-ups, and world-class networking opportunities for crypto enthusiasts.