DGAP-News: Advanced Blockchain AG / Key word(s): Cryptocurrency / Blockchain/Expansion
Advanced Blockchain AG sets up Stela Labs, a Smart Contract Auditing and Development Company
2021-03-17 / 09:00
The issuer is solely responsible for the content of this announcement.
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Advanced Blockchain AG (Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6) announces that it initiates
Stela Labs, an auditing and development company for Web 3.0 infrastructure.
Stela Labs will be dual-pronged in its aims. First, it will function to secure our clients' existing smart contracts
through auditing and resolving any identified issues. Second, it will function to assist our clients in the development
of secure and innovative new projects. Stela Labs brings together a diverse and experienced team of blockchain pioneers
and engineers to fulfill these functions, implementing a comprehensive smart contract auditing and protocol building
strategy.
This company will focus on supporting Web 3.0-related projects, particularly those utilizing the Polkadot and Ethereum
blockchains - two of the largest and most innovative blockchains in the decentralized finance space. Stela Labs is
especially interested in working with ink! smart contracts and projects that have been built on Substrate. These types
of projects are infrastructures operating in conjunction with the Polkadot blockchain, with Substrate being the
blockchain framework forming the basis of Polkadot, and ink! being a manner of writing smart contracts for
Substrate-based blockchains. Thus far, the future Stela Labs team has completed security audits for the Fractal
Protocol, Warp, and ForceDAO protocols.
With its advent of Stela Labs, Advanced Blockchain is able to continue to further its overarching goals of supporting
the Polkadot ecosystem and promoting growth and innovation within the broader blockchain industry. Further, the deep
technology insights we gain through Stela Labs can be utilized to gain access to great investment opportunities in the
seed stage, enabling Advanced Blockchain to make well-founded investment choices.
Projects may now start reaching out to Stela Labs for security reviews. Interested parties should refer to the Stela
Labs website: http://stelalabs.com.
Additional information on Advanced Blockchain AG, Stela Labs, and its other projects can be found at
www.advancedblockchain.com.
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2021-03-17 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Advanced Blockchain AG
Chausseestraße 86
10115 Berlin
Germany
Phone: 030403669510
Fax: 030403669511
E-mail: info@advancedblockchain.com
Internet: www.advancedblockchain.com
ISIN: DE000A0M93V6
WKN: A0M93V
Listed: Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich, Stuttgart, Tradegate
Exchange
EQS News ID: 1175452
End of News DGAP News Service
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1175452 2021-03-17
(END) Dow Jones Newswires
March 17, 2021 04:02 ET (08:02 GMT)