Country for PR: United States
Contributor: PR Newswire New York
Wednesday, March 06 2019 - 09:16
AsiaNet
Quantstamp Expands to Japan with Investment from Nomura Holdings and Digital Garage
TOKYO, March 6, 2019 /PRNewswire-AsiaNet/ --

Quantstamp ( 
https://c212.net/c/link/?t=0&l=en&o=2394385-1&h=1766085204&u=https%3A%2F%2Fquantstamp.com%2Fabout&a=Quantstamp 
), a Y Combinator-backed smart contract security company, is proud to announce 
it is establishing a limited liability company, Quantstamp Japan GK, to assist 
Japanese startups and enterprises in using secure blockchain technology. This 
establishment follows significant investment from Nomura Holdings ( 
https://c212.net/c/link/?t=0&l=en&o=2394385-1&h=1003804997&u=https%3A%2F%2Fwww.nomuraholdings.com%2Fcompany%2F&a=Nomura+Holdings 
) and Digital Garage ( 
https://c212.net/c/link/?t=0&l=en&o=2394385-1&h=497379413&u=https%3A%2F%2Fwww.dgincubation.co.jp%2Fen%2F&a=Digital+Garage 
).

Photo - 
https://mma.prnewswire.com/media/831219/Quantstamp_Nomura_DG_Incubation.jpg 

Quantstamp uses computer-based reasoning tools to provide services that help 
identify and secure vulnerabilities in smart contracts - a key component of 
blockchain technology. It provides an automated tool for developers and users 
to check smart contracts for well-known vulnerabilities, as well as white-glove 
auditing services to help secure large-scale blockchain projects. Its services 
have been used to secure more than $500 million of transaction value. 

"I'm pleased to announce Quantstamp's formal expansion to Japan, Japan is an 
important market in digital payments," says Richard Ma, co-founder, and chief 
executive officer of Quantstamp Inc. "We're expanding our presence as we think 
that the market for smart contract-driven applications here is strong and will 
only be growing." 

"As blockchain technology is adopted in the financial world, smart contracts 
will play an increasingly important role. Security assurances through auditing 
and certification will become increasingly indispensable," notes Chuzaburo 
Yagi, Senior Managing Director in charge of Innovations at Nomura Holdings, 
Inc. "I believe Quantstamp is well positioned to support this role as they work 
to secure smart contract technology."

"I think that Quantstamp offers the best service on the market. It's the best 
solution for identifying and mitigating smart contract vulnerabilities," says 
Yasuhiro Mimura, Managing Director of DG Incubation Co., Ltd. "With their 
knowledge and experience on smart contract security, we are hoping for further 
breakthroughs in the future." 

Quantstamp is a leader in smart contract security, preventing security breaches 
at some of the world's largest blockchain companies. Quantstamp's engineering 
team is familiar with software security, formal verification, static analysis 
and have more than 900 Google Scholar citations. 

About Quantstamp

Quantstamp ( 
https://c212.net/c/link/?t=0&l=en&o=2394385-1&h=1766085204&u=https%3A%2F%2Fquantstamp.com%2Fabout&a=Quantstamp 
) is a blockchain security company that conducts manual audits and automated 
scans and is developing security products, services, protocols, and other 
automated security tools powered by QSP. The Quantstamp protocol aims to 
enhance smart contract security and the reputation of projects that create 
smart contracts by producing openly accessible scan reports. Get an audit or 
run a security scan today at https://quantstamp.com/. 
 
SOURCE: Quantstamp

CONTACT: Jared Harrill, jared@quantstamp.com, +1 415.579.8976
Translations

Japanese