Blockchain security company of Korea, Medium announced that it successfully completed a security audit of its smart solution at Haechi Labs of Haechi Audit.
The security audit of Medium, esp for MDM token (based on Ethereum ERC-20) has been carried out to prevent security and hacking problems when tokens are listed on the exchange.
Medium also unveiled a blueprint for the global alliance "Media Alliance", which will run the blockchain platform together.
Medium Alliance includes Medium Client, Medium Enterprise Blockchain, Medium Consortium Mainnet, and Medium Cloud Blockchain Services for vertical and horizontal scaling of various services and clients.
Hyun-Kwon, CEO of Medium said, “This Haechi Labs security audit is one of the many steps that Medium must go through. Medium will contribute to expand its business to the enterprise blockchain market based on the enhanced blockchain technology solution.”
On the other hand, Medium demonstrated a technology which can conduct 100,000 TPS (Transaction Rate Per Second) through a hardware device-based blockchain platform equipped with its own Blockchain Processing Unit (BPU). It is currently planning to target 1 million TPS.
Recently, China and China have signed technology agreements with China Telecom and the Ministry of Education.
Samsung's blockchain project, NexLedger also announced the partnership with Medium for various blockchain services.