DeepMarkit focuses on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens (NFTs).
The company’s wholly owned subsidiary, First Carbon Corp. (FCC), partnered with Quantstamp to provide security assessment services related to FCC’s MintCarbon.io platform over a 90-day period.
The key goal of the partnership is to enhance the platform’s codebase security.
To date, Quantstamp has protected over $200 billion in digital asset risk from hackers. It offers services including securing Layer 1 blockchains, securing smart contract powered NFT and DeFi applications, and developing financial primitives for Layer 1 blockchain ecosystems.
FCC’s obligations under the Agreement are to be responsible for providing access to personnel, content, resources, systems and information as may be needed by Quantstamp.
DeepMarkit’s engagement with Quantstamp aligns with its goal of ensuring the security of the MintCarbon.io for users and stakeholders.
It is also to enhance the global carbon offset credit and renewable energy certificate markets.
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