Crypto.com, a global cryptocurrency exchange and financial services company, has announced a strategic partnership with Carnegie Mellon University CyLab. The company hopes to support cutting-edge research to improve and drive greater understanding of the cryptocurrency and blockchain industry.
“We are hoping to enhance the security of our blockchain through learning and collaborating with experts,” says Henry Hon, Head of Research for Crypto.com. “In 2022, CMU ranked first in the specialty areas of artificial intelligence and cybersecurity. Cybersecurity is very relevant to the blockchain industry.”
We are hoping to enhance the security of our blockchain through learning and collaborating with experts.Henry Hon, Head of Research, Crypto.com
The company hopes to foster healthy collaboration between academia and industry.
“It will be very meaningful if the partnership helps advance research in blockchain technology and solve big challenges within the cryptocurrency industry,” says Hon.
Hon says that CyLab’s Elaine Shi, an associate professor in Electrical and Computer Engineering and the Computer Science Department, had initially motivated interest in forming a strategic partnership.
“We are very impressed with the accomplishments of Prof. Elaine Shi and team,” Hon says. “Prof. Shi has co-authored many highly-cited papers related to key topics in blockchain.”
Crypto.com will be a founding sponsor of the CMU Secure Blockchain Initiative (Blockchain@CMU), which will take on big research challenges in blockchain technologies, including consensus mechanisms and scalability; cryptocurrencies and markets; cryptography; formal verification; and regulation, policy, and governance.
Blockchain@CMU is co-directed by Shi, as well as CyLab’s Nicolas Christin, a professor in the Institute for Software Research and the Department of Engineering and Public Policy, and Ariel Zetlin-Jones, a professor in the Tepper School of Business.
The funding from Crypto.com will allow CMU's Secure Blockchain Initiative to further expand its research and educational programs on blockchains.Elaine Shi, Associate Professor, Electrical and Computer Engineering; Computer Science Department
“We are grateful for the generous support from Crypto.com, and we look forward to our partnership and collaborations,” says Shi. “The funding from Crypto.com will allow CMU's Secure Blockchain Initiative to further expand its research and educational programs on blockchains.”
Security is one of the key concerns for Crypto.com customers all over the world, says Hon. According to user surveys conducted in Brazil, for example, security is the “most crucial” feature that customers are looking for in an ideal cryptocurrency trading platform.
“Crypto.com is built on a foundation of security, privacy, and compliance,” says Hon.
To learn more about partnering with CMU CyLab and the Secure Blockchain Initiative, please contact the CyLab partnerships team.
Founded in 2016, Crypto.com serves over 10 million customers with the world’s fastest growing cryptocurrency platform. Crypto.com is built on a foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, ISO22301:2019, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks, as well as Service Organization Control (SOC) 2 compliance.With over 3,000 people in offices across the Americas, Europe and Asia, Crypto.com is accelerating the world’s transition to cryptocurrency. Find out more: https://crypto.com