CipherBC and Beosin Announced MOU: Dual-Force Security Pact in Blockchain
Mar.5, 2025, Dubai - Following the successful co-hosting of "Regulation-Driven Web3 2025: Compliance and Security Adoption in the Web3 Era" during Consensus Hong Kong 2025, CipherBC and Beosin have taken their collaboration to new heights by signing a Memorandum of Understanding (MOU).
By signing the MOU with Beosin, It combines CipherBC's advanced MPC-powered digital asset management solutions with Beosin's expertise in Web3 security auditing, compliance consulting, and forensic investigations.
CiherBC and Beosin aim to promote regulatory awareness and best practices for digital asset security. It will also focus on developing and deploying innovative security solutions tailored to enterprises and institutional users while fostering engagement with regulators, policymakers, and industry leaders to help shape the future of Web3 compliance.
Key Objectives of the MOU
The MOU establishes a comprehensive framework for collaboration in three strategic areas.
Industry Advocacy & Thought Leadership
Co-hosting industry events, workshops, and conferences to promote best practices in Web3 security and compliance.
Engaging with government agencies, regulatory bodies, and financial institutions to drive forward-thinking policy recommendations.
Security & Compliance Solutions Development
Enhancing security frameworks through MPC technology, delivering flexible and secure digital asset management solutions.
Providing risk assessment and compliance solutions to help businesses align with Hong Kong's VATP licensing requirements and international standards.
Developing forensic and investigation tools to counter virtual asset-related crimes and improve financial transparency.
Research & Market Adaptation
Conducting joint research on emerging regulatory trends and their impact on Web3 security strategies.
Identifying new security threats and developing proactive countermeasures to safeguard digital assets.
Aligning compliance strategies with evolving licensing frameworks, such as Hong Kong's TCSP license requirements.
Driving the Future of Secure and Compliant Web3 Innovation
CipherBC and Beosin are committed to empowering businesses with the necessary tools to navigate the rapidly shifting Web3 landscape. By uniting their specialities, this partnership delivers an unparalleled combination of security and compliance - providing enterprises with the flexibility to innovate and the protection they need to thrive in a regulated environment.
"The Web3 industry demands a robust and adaptable security framework," said Leslie, Brand Director of CipherBC. "With this strategic partnership, CipherBC and Beosin are creating a dual-force system that ensures enterprises can operate securely and in compliance with evolving regulations."
Joe Zhou, the CEO from Beosin echoed the sentiment: "By combining our expertise in blockchain security and compliance consulting with CipherBC's MPC-powered solutions, we are reinforcing the foundation of trust and resilience that the Web3 industry needs."
As part of this partnership, CipherBC and Beosin will actively share critical insights to further enhance security infrastructure and compliance measures. Both parties recognize the importance of confidentiality and are committed to protecting any shared proprietary information to uphold the integrity of the partnership.
The partnership between CipherBCand Beosin is expected to yield tangible results in the coming months, with joint initiatives and product launches already in the pipeline. As the blockchain industry continues to grow, this collaboration sets a strong precedent for how companies can work together to overcome challenges and unlock new opportunities. By aligning their visions and resources, we are poised to become key players in shaping the future of blockchain technology and cybersecurity.