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Rootstock's RSK Federation supported by Bitcoin industry for 'belt and braces' smart contracts security model

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Peter Williams
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Some 25 big names in Bitcoin have joined the RSK Federation.

The list of companies includes Bitcointoyou, Bitex, Bitfinex, bitFlyer, Bitgo, Bitoasis, Bitpay, Bitso, Bits of Gold, Bitstamp, Blockchain, Blockchain Intelligence Group, Blocktrail, BTCC, BitKan, SurBTC, CoinBR, Huobi, OKCoin, Paycase, Tether, Unocoin, and Xapo.

Rootstock said the number of members registered is growing every week.

Sergio Lerner, RSK chief scientist, is working with several universities and security experts across the industry to develop smart contract security standards and best practices.

RSK launched its initial Testnet Lotus on May 2016, which is currently being tested by a number of selected partners.

Diego Gutierrez Zaldivar, RSK Labs CEO, told IBTimes UK that smart contracts security is a thing they had in their minds from the very beginning.

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