Please describe your proposed solution.
About Checkpoint
Checkpoint.com is a world leader in cyber security and security of financial transactions serving the world leading financial institutions and corporations. Check point is very fintech oriented - all CC transactions, as well as strong with SWIFT, and banks clients worldwide. Checkpoint is developing a cyber security solution for the crypto industry and already implementing their solution for solidity smart contract scanning.
Checkpoint and Bridgebuilders are coming together with security knowledge and ecosystem knowledge to provide best in class solutions.
About Bridge Builders
Bridge Builders is an aligned team of highly engaged and committed Catalyst Community members coming together as a community driven Assembly to provide value to their environment through building bridges to corporates and investors.
We sensor and identify gaps within the ecosystem to co design and initiate required solutions. Bridgebuilders already created a bridge between many companies and the Cardano ecosystem including Ledger, Goodwall, Seedstars, Digifarm to name a few.
Many of the Cardano/catalyst projects, mainly bootstrapping, need support with investor & business development mentorship and channels.
In Fund 10 we have therefore presented 5 proposal covering different gaps that we have identified
- Fundraising support: Helping companies to create investor pitch decks and have a pitch event to venture investors
- Venture capital dealflow: Preparing a deal flow of companies to connect to investors
- Investor Conference: Promoting the ecosystem in a leading investors & tech conference
- Connecting tech 2 business: Supporting companies with business development activities
- Cyber security & Cardano: A collaboration with a leading cyber security company with the goal to make the ecosystem more attractive to corporates and investors
We look forward to continue collaborating with the community and try to fill up some of the gaps we see to promote the Cardano ecosystem
Checkpoint & Cardano:
This proposal aims to create collaboration with one of the world leaders in cyber security to work together with the Cardano community to understand security potential gaps and define ways to verify smart contract security levels .
The objective is to make sure Cardano dApps can demonstrate the highest level of smart contracts security measures to support collaboration with corporates and financial institutions, where smart contract security will be an essential requirement.
Checkpoint and smart contract security:
Checkpoint is working with key financial institutions worldwide and they can see the growing interest from the market regarding blockchain tech. However, they are still at an early stage concerning their strategy for blockchain security. They have a dedicated team evaluating the market, needs, risks and opportunities.
Checkpoint has already developed an initial solution, that aims to identify and prevent attacks for web 3 and blockchain, looking for exploitation of transactions and sophisticated analysis to analyse any transaction and smart contract.
Already developed an Engine for ETH & solidity smart contracts that has 4 parts:
- Static analysis of smart contracts
- Security signature I.e. look for back door
- Engine to find weaknesses. Dapps top 10 vulnerabilities, forth running, dynamic analysis
- Embolization - upload smart contract to sandbox and start manipulation on the contracts to find issues
The solution already evaluates 100s to 1000s of smart contracts every day on the ETH network.
The solution can be used by
- Any company developing smart contract and want to audit their work
- Audit companies using Check Point engine to find issues for their clients
- Offer an API related to smart contracts
- Will create a smart contract firewall
- Future public node
The focus of this Proposal
This Proposal is Check point very first step with Cardano and the Cardano Community. The goal of this proposals is:
- Define the security infrastructure of the Cardano blockchain
- Help to define the technology needs for smart contract security by a third party
- Map the Cardano ecosystem and define key collaborations related to smart contract security
- Define go to market strategy for checkpoint and for collaboration with Cardano and how it could benefit the ecosystem (i.e. participate/create joint events with Checkpoint and corporates)
- Brainstorm and support checkpoint product ideation
- Create connection and collaboration with key ecosystem players in the Cardano community (CF, IO, Emurgo, Gimbalabs, Defi solutions…)
Bridgebuilders strategy is to support Checkpoint path towards Cardano blockchain security and through that create a strong collaboration that will position Cardano blockchain at the top of the list for corporates looking to implement blockchain solutions.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
The challenge asks: How do we equip and support developers with tools and working infrastructure? How do we make Cardano their first choice when it comes to building dApps, innovating and collaborating?
Smart contract security tools and collaborating with a company like checkpoint can achieve both objectives.
• How do we attract developers from outside of our current community to participate in Catalyst?
• What would make it a developer motivated to grind through the docs
and code no matter how hard it is to create a dApp?
• What are enterprise dev managers looking for in order to be able to build out enterprise projects -either internal or commercial?
Having smart contract security verification tools could be attractive to many developers and will show the strength of the blockchain. It will definitely be attractive for developers building enterprise solutions and aiming to have corporate clients
Potential directions - the proposal covers the areas below
• Knowledge base & Documentation
• Deployment, testing, and monitoring frameworks
• DeFi and tokenization
• Support structures
• Collaborative structures
The project will be done in collaboration with the community through open sessions, discord, and knowledge sharing
• Community involvement (discord, cardano stack exchange, youtube, twitter, etc.)
How do you intend to measure the success of your project?
Key Metrics to measure
One of the key metrics to measure is how the community came together with thriving project collaboration to establish collaboration with a leading cyber security company in the path to building tools that will serve the community, help to build more tools and attract more developers and open source projects coming to the ecosystem.
Collaboration on this proposal with checkpoint is already a success. However, our goal is to create a successful long term collaboration between checkpoint and the Cardano ecosystem. The benefit of this collaboration is the confidence it will give corporations, financial institutions, investors and even governments about the quality of the networks and smart contracts being developed on it.
Some metrics that we will evaluate:
- Number of ecosystem companies/people participating the workshops
- Number of ideas related to the chain security needs
- Number of connection between Checkpoint and companies in the ecosystem
Please describe your plans to share the outputs and results of your project?
All project deliverables will be available to the community through the milestone reporting. Following the initial research we will conduct we will aim to invite to the workshops all key companies & orgs that could be relevant for Cardano blockchain security. We will announce the meetings in Townhalls and Cardano social channels so anyone can join.
The 3 main workshops with Checkpoint will be open and available for the community. They will also be recorded and the presentation of the workshops will be available for the community. The workshops will be recorded and shared at community channels.
Finally, the team is well known in the community and very accessible. Our goal is to provide ongoing business development services in a collaborative way to contribute to the growth of the ecosystem.
Bridgebuilder will share all available information. Check Point is a publicly traded commercial company and might choose not to share some information, although in this case we do not believe it will be, as it is a proposal with community interactions.