FailSafe Partners with Haven1 to Build the World’s Safest Layer1 Blockchain Network

Haven1 is the latest blockchain company to integrate FailSafe’s defence-in-depth cybersecurity architecture across its entire network, providing unparalleled safety for users and developers. This partnership is geared towards providing a secure on-chain environment and boosting user retention by building the world’s safest blockchain network.

In a move that cements their commitment to delivering unparalleled security in blockchain technology, FailSafe and Haven1 are proud to announce a strategic partnership aimed at building the world’s safest blockchain network for developers and users alike.

As part of this collaboration, FailSafe has equipped Haven1 with a robust transaction policy enforcement solution, ensuring that transactions on the Haven1 network strictly adhere to predefined rules while significantly mitigating the risk of unauthorised or malicious activity.

FailSafe’s defence-in-depth architecture has been designed to provide comprehensive security across the blockchain landscape. By integrating this technology into the Haven1 ecosystem, the partnership aims to create a secure and reliable environment for users and developers to conduct on-chain activities without fear of potential threats.

Introducing: FailSafe Guardian

At the heart of this partnership lies FailSafe’s latest offering—the FailSafe Guardian. This innovative protocol is designed to enforce transaction policies with unparalleled precision, ensuring that every transaction adheres to predefined rules and guidelines. By leveraging FailSafe’s advanced security technology, Haven1 aims to further strengthen its position as the only REKT-Resistant Layer 1 blockchain. This partnership represents a significant step forward in creating a secure and reliable blockchain ecosystem, paving the way for broader adoption and innovation within the industry.

The FailSafe Guardian features a range of powerful tools and mechanisms, including:

• Whitelist and Blacklist Management: Administrators can maintain a list of trusted and untrusted addresses, allowing them to control which entities have access to the network.

• Geolocation and IP Restrictions: Transactions from specific regions or devices can be blocked, providing an additional layer of security against potential threats.

• Lock Mode: User assets can be marked as ‘locked’ to prevent transfers, ensuring that valuable resources remain secure within their rightful owners’ hands.

• Time-Based Restrictions: Transactions can be restricted within specific timeframes, allowing administrators to set rules for when certain actions are permissible or prohibited.

• Payment Controls: Daily/monthly spending limits, withdrawal thresholds, and per-asset policies can be configured, enabling fine-grained control over the flow of assets on the network.

By integrating the advanced blockchain security features of FailSafe Guardian, Haven1 aims to further strengthen its position as the only REKT-Resistant Layer 1 blockchain. This partnership represents a significant step forward in creating a secure and reliable blockchain ecosystem, paving the way for broader adoption and success within the industry.

A Shared Commitment to Security and Innovation

Both FailSafe and Haven1 share a vision of building a future where blockchain technology is secure for all. By working together to build the world’s safest blockchain network, both companies demonstrate a strong focus on security and compliance in an increasingly regulated landscape.

FailSafe is a cybersecurity partner uniquely equipped to assist enterprises in complying with consumer protection and technological risk management requirements. We are the only blockchain security provider offering holistic security and real-time threat response against exploits, hacks, and suspicious activities as they’re happening.

Currently protecting over $300M in digital assets, FailSafe closely collaborates with the Singapore government and the Singapore dollar (SGD) stablecoin to stop exploits in real-time, preventing total loss of funds and de-pegging events. Our modular tools supercharge the security of blockchain enterprises with cutting-edge capabilities like smart contract defence, fraud detection and internal risk scoring, programmable multi-sig wallet security, SDK integrations, advanced threat intelligence, and recovery of at-risk crypto assets.

Learn more about our products or contact us to upgrade your blockchain security today.