• The tool is designed to provide security for sectors including financial services, supply chains, healthcare, insurance, and real estate.

• Blockchain industry to grow at a compound annual growth rate (CAGR) of 87.7% by 2030

Bengaluru, 24th October 2024: SecureDapp, a leading blockchain security platform, has launched SecureWatch, a real-time threat detection and mitigation tool designed to protect industries leveraging blockchain technology at IIT Kanpur’s C3iHub’s Conference on Emerging Trends in Cybersecurity. With a focus on safeguarding critical digital assets, SecureWatch aims to provide security for sectors including financial services, supply chains, healthcare, insurance, real estate, and government, addressing the rising cybersecurity challenges of today’s digital world.

As the blockchain industry has seen substantial growth, expanding by 47.1% over the past four years, and is projected to grow at a compound annual growth rate (CAGR) of 87.7% by 2030. In light of this rapid expansion, the need for effective cybersecurity solutions has become more urgent than ever. With more companies entering the space, cyberattacks are becoming increasingly frequent. From ransomware attacks and vulnerabilities in smart contracts to disruptions in supply chains, the stakes for industries leveraging blockchain technology are exceptionally high.

Recognising the urgency of these evolving threats, SecureDapp has introduced SecureWatch as a proactive solution designed to fortify defenses against these challenges. This innovative platform not only offers real-time threat detection and automated incident response but also features customizable security profiles, enabling businesses to tailor their protection strategies according to specific needs. By providing adaptive security measures, SecureWatch empowers organizations to remain vigilant and one step ahead of cybercriminals.

Speaking on the launch, Himanshu Gautam, Co-Founder & CTO of SecureDApp, said: “With the launch of SecureWatch, we are redefining security for decentralized applications in a rapidly evolving blockchain landscape. As technology advances, so do the threats it faces, and SecureWatch is built to stay ahead of these challenges. Our commitment is to deliver cutting-edge, robust cybersecurity solutions that protect digital assets and foster trust in the decentralized future.”

Furthermore, the tool empowers DApp owners to protect their investments by directly confronting these security challenges. With the ongoing rise of decentralized finance (DeFi) and blockchain adoption, the associated risks for decentralized applications (DApps) are also growing. Understanding this, the tool aims to provide a robust security solution that includes continuous vulnerability scanning and AI-driven threat mitigation, ensuring comprehensive protection against evolving threats.

Abhishek Singh, Co-Founder of SecureDApp, added: “With SecureWatch, we are bringing an indigenous solution to the global challenge of blockchain security. Our platform provides real-time monitoring to safeguard digital assets, enabling businesses to grow with confidence and trust in the decentralized ecosystem.”

As SecureDApp continues to innovate in the blockchain security space, the launch of SecureWatch reflects the brand’s dedication to remaining at the forefront of the rapidly evolving blockchain landscape. By offering comprehensive security, the tool empowers businesses to proactively address emerging threats while safeguarding their assets. It also enhances the resilience of decentralized applications and fosters greater confidence among users.

About SecureDApp:

SecureDApp is a leading blockchain security platform that provides a comprehensive suite of tools to safeguard decentralized applications (DApps) from a wide range of threats. By leveraging advanced threat detection, mitigation, and real-time monitoring capabilities, SecureDApp empowers DApp developers to build secure, reliable, and compliant applications. In addition to its robust security features, SecureDApp offers both product-based and hybrid smart contract auditing services and blockchain forensic investigations. This comprehensive approach ensures that DApps are thoroughly evaluated for vulnerabilities and can be effectively protected from malicious attacks, financial losses, and reputational damage. Find out more info here: https://securedapp.io/