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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. =---------------------------------------------------------------------------------------------------------------------- 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. =---------------------------------------------------------------------------------------------------------------------- 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 =---------------------------------------------------------------------------------------------------------------------- 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 =------------
1175452 2021-03-17
(END) Dow Jones Newswires
March 17, 2021 04:02 ET (08:02 GMT)
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