Web3 Security Platform Redefine Partners with Safe to Secure Blockchain Transactions
By adding Redefine’s DeFirewall to Safe, users should be able to make their transactions more secure.
Self-custody infrastructure company Safe, which used to be called Gnosis, and blockchain security company Redefine have revealed a strategic partnership.
The main goal is to give users “more confidence” in their transactions by carefully checking each one. This can be done by adding Redefine’s pre-transaction risk assessment tool, DeFirewall, to Safe’s user interface.
Improving Blockchain Security
According to the official press release that CryptoPotato got a copy of, putting Redefine’s DeFirewall into Safe is supposed to increase the level of protection for assets and make sure that transactions are safer. Redefine said in a statement that the new move will help more people use digital assets in the long run.
Richard Meissner, Co-Founder and Technical Lead at Safe, said that improving the user interfaces of Web3 platforms is important to stop bad actors and exploits in the digital asset business. He also brought up the problem of blind signing, which means that users can agree to transactions even though they don’t know everything about them. The executive said that this is a worry in the process of making self-custody available to a wider range of users and organizations.
“By partnering with Redefine and integrating DeFirewall, Safe is offering greater transparency and assurance in their everyday transactions, enabling sustainable growth on the platform.”
Shira Brezis, CEO and co-founder of Redefine, said that the integration brings together two important things for the user: better visibility of risks and trusted protection. She also said that the partnership between the two sites would bring about a new era of security.
Gnosis Safe’s growth and rebranding
Safe started out as a part of the Gnosis environment. After splitting off from its parent company in July 2022, the digital asset management platform changed its name to Safe and raised $100 million in funding. Crypto fund 1kx led the round. Tiger Global, A&T Capital, Blockchain Capital, ConsenSys, and Polygon, among other well-known companies, also took part.
Later, the people in the Safe community decided to start the SafeDAO and the SAFE token.
Safe and other self-custodial options have worked with MetaMask in the past to help it reach more organizations and make the DAO experience easier. More recently, the company worked with Stripe, a big name in payments, to release a new software development kit for Web3 coders that lets them use account abstraction to build Web3 apps.
