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Comprehensive Security Solutions for Blockchain and Emerging Tech

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CertiK

By: Dr. Kang Li,  Chief Security Officer, CertiK

The article discusses the importance of comprehensive security solutions for emerging industries, particularly focusing on blockchain, AI, and fintech. It highlights the evolving risks associated with smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs), emphasizing the need for robust security measures to protect these technologies from vulnerabilities, scams, and malicious activities. The article also details various security solutions, such as auditing, KYC services, and real-time monitoring platforms, that are essential for maintaining trust, integrity, and safety in the Web3 ecosystem.

Blockchain, AI, Fintech amongst others are rapidly evolving fields, propelled by recent technological advances such as zero-knowledge rollups and cross-chain technologies. These innovations have unlocked a plethora of new applications, particularly in the decentralized finance (DeFi) space, which continues to introduce novel financial products. Additionally, non-fungible tokens (NFTs) are expanding beyond digital art into various other domains.

At the heart of these applications lie smart contracts. These contracts facilitate automated, trustless transactions and agreements directly on the blockchain, eliminating the need for intermediaries. They embody the principle of “code is law” by ensuring that the terms of the contract are enforced and executed automatically according to the code. This removes the necessity for intermediaries or traditional legal enforcement mechanisms, thereby fostering a decentralized ecosystem.

Given their immutable nature once deployed, smart contracts necessitate robust security. Any vulnerabilities within these contracts can be exploited, leading to potentially irreversible and costly consequences. Flaws or exploits can result in significant financial losses or unauthorized access, thereby undermining trust in the decentralized system. Ensuring rigorous security measures is vital to protect assets, maintain the integrity of decentralized applications, and uphold the reliability of the Web3 ecosystem.

Over $1.19 billion was lost across 408 on-chain security incidents in the first half of 2024 alone. These incidents stem from various causes, including scams, phishing attacks, and hacking exploitations.

The inherent risks associated with smart contracts, such as bugs and potential exploits by malicious actors, underscore the need for comprehensive security solutions. Additionally, the presence of rogue developers who may insert backdoors into the code further compromises the system’s security and integrity. Therefore, the blockchain field necessitates rigorous code audits, robust development practices, project team reviews, reputation checks, and enhanced regulatory oversight to mitigate these risks.

CertiK, a leading Web3 security firm, for example, offers a suite of services designed to address these concerns. These include security auditing for smart contracts, KYC services to verify the integrity of project owners and development teams, the Skynet rating system to provide analytical platforms that present risk factors of blockchain projects to individual users, and SkyInsights and Incident response systems for standard anti-money laundering (AML) solutions and support incident analysis.

Security auditing is not a catch-all solution for all security issues, but it remains the most commonly used approach to reduce security risks in the blockchain field. Various types of security auditing exist, including manual reviews and the application of static and dynamic tools, with AI tools being increasingly utilized in security auditing.

Leveraging experts in security-oriented code review, auditing can significantly reduce the likelihood of undetected bugs and vulnerabilities. Experts with security experience can provide diligent reviews and customized detection and suggestions about high-level system design and protocol logic. Auditing teams, experienced with a wide variety of blockchain projects, can offer advice to teams on where more defensive programming could reduce the risk of mistakes and loopholes.

For example, CertiK’s security engineers and researchers have developed automated static analysis toolkits that enhance the detection of flaws and critical risks, including those not easily spotted by human efforts. The approaches include Syntax Analysis, Semantics Analysis, Blockchain Vulnerability Base Analysis (70,000+ findings database), Rule Base Analysis (1,000+ rules), and Formal Verification, which mathematically proves the correctness of core components. Customizing threat models and attack scenarios for each project allows for precise analytical examinations and investigations.

Security engineers and researchers have also crafted interactive dynamic analysis toolkits, which significantly enhance the likelihood of identifying vulnerabilities and critical risks, even those that might elude human inspection and static analysis methods. This methodology includes conventional unit and integration testing, advanced property-based fuzz testing, and interactive examination. Each project benefits from a tailored threat model and attack scenario, ensuring precise and effective analytical scrutiny.

Project-level KYC services involve verifying the identities of team members and stakeholders to ensure transparency and accountability. Thorough identity checks and background verifications help prevent fraudulent projects by making it difficult for bad actors to operate anonymously. This process increases trust and reduces the risk of scams within the Web3 ecosystem.

Individual users often find it challenging to review the risks associated with a wide variety of blockchain projects. To counter scams and assist users in selecting projects based on various risk factors, specialized real-time security and analytics platforms, such as CertiK Skynet were designed. This platform monitors and protects blockchain projects by providing continuous insights, threat detection, and comprehensive security assessments. It combines on-chain and off-chain data to identify vulnerabilities, detect anomalies, and ensure the overall security and integrity of decentralized applications and smart contracts. This solution enhances user confidence and safety, allowing individuals to interact with blockchain projects more securely and with greater peace of mind.

AML and on-chain monitoring solutions help reduce scam and fraudulent activities in Web3 by monitoring and analyzing transactions to detect and prevent illicit activities such as money laundering and fraud. These solutions ensure compliance with regulatory standards, increase transparency, and create a safer environment for users by identifying and blocking suspicious behavior.

The SkyInsights solution offers capabilities for illicit activity screening, which identifies and assesses risks associated with illicit activities, helping users prevent potential legal and reputational damages. The SkyInsights solution also provides sanctions risk checking, which screens for vulnerabilities and compliance with sanctions regimes, ensuring that users remain compliant with regulatory requirements while safeguarding their operations from potential threats.

The CertiK Alert service provides real-time updates and alerts about security incidents, vulnerabilities, and other critical issues related to blockchain projects and smart contracts. This service helps users stay informed about potential risks and threats, allowing them to take proactive measures to protect their assets and enhance their security posture in the Web3 ecosystem.

It is evident that comprehensive security solutions are essential. The blockchain ecosystem is highly susceptible to various risks, including code vulnerabilities, scams, and malicious activities. Security auditing is crucial for identifying and fixing vulnerabilities in smart contracts and blockchain protocols, ensuring robust code integrity. Project KYC enhances transparency and accountability, deterring fraudulent actors by verifying the identities of team members. Comprehensive security risk ratings provide users with informed assessments of potential risks, allowing for safer investment and participation decisions. On-chain monitoring and incident response capabilities ensure real-time detection and mitigation of threats, protecting users’ assets and maintaining the trust and stability of the ecosystem.

Features

Redefining Real Estate: The Rise of Wellness-Centric Spaces

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By Mark Phoenix – CEO of Sankari

The way we think about real estate is evolving, and at the heart of this change is a renewed focus on wellness. As we become more aware of the profound impact our living environments have on our health and well-being, it’s clear that real estate must go beyond aesthetics and luxury—it must support a lifestyle of vitality and longevity. To me, true luxury is no longer defined solely by opulence but by spaces that promote health, balance, and connection.

The demand for wellness-oriented spaces is growing rapidly, and real estate developers must rise to meet it. Today’s buyers are looking for more than just high-end finishes and exclusive locations—they want environments that enhance their well-being. Integrating wellness features such as fitness centers, yoga studios, meditation areas, and holistic health services is no longer an option; it’s a necessity. These spaces don’t just add value to a property; they create communities that create physical health, mental clarity, and social engagement.

Wellness-centric design is about more than just adding amenities—it’s about creating environments that encourage movement, relaxation, and human connection. By prioritizing well-being in real estate, developers can offer residents a lifestyle that aligns with modern values and aspirations. These spaces cultivate a sense of belonging, allowing people to come together in ways that enrich their lives beyond the walls of their homes.

Beyond individual benefits, wellness-focused communities have a lasting impact on society. As more people seek out homes that support their health, the real estate industry has an opportunity to lead this cultural shift. Developments that incorporate sustainable materials, biophilic design, and eco-friendly building practices not only benefit residents but also contribute to a healthier planet.

In the ultra-luxury segment, this focus on wellness is especially meaningful. The most sought-after properties are no longer just about extravagance—they are about creating a sanctuary where people can rejuvenate both physically and mentally. True luxury lies in thoughtful, health-driven design that enhances everyday life in meaningful ways.

Designing for wellness also means partnering with visionary architects and designers who understand the importance of both form and function. In regions with challenging climates, for example, innovative solutions can help reduce environmental impact while enhancing comfort and efficiency. Securing sustainability certifications like LEED further reinforces a commitment to responsible development and aligns with the global movement toward eco-conscious living.

For me, integrating wellness into real estate is more than just a trend—it’s a deeply personal mission and a strategic imperative. The places we live should do more than just shelter us; they should actively contribute to our health and happiness. By embedding wellness into the very foundation of luxury real estate, we’re not just shaping beautiful spaces—we’re shaping better lives.

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We are bringing tradition to every table in just five minutes

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Kerala breakfast

Exclusive Interview with Ashvin Subramanyam, CEO International Business, Orkla India

In this exclusive interview, Ashvin Subramanyam, CEO of International Business at Orkla India, shares insights on the brand’s participation at Gulfood 2025 and its mission to blend tradition with innovation in the Middle East. With the launch of Eastern’s 5-Minute Breakfast range and a refreshed Arabic spice portfolio, Orkla IMEA is redefining convenience without compromising on authenticity.

What can we expect from Orkla IMEA’s presence at Gulfood 2025, and how significant is this event for your brand’s growth in the region?

At Gulfood 2025, Orkla IMEA, subsidiary of Orkla India, is set to make a strong impact by unveiling the Eastern 5-Minute Breakfast range, designed to bring the authentic flavors of Kerala to the fast-growing ready-to-cook market in the Middle East. In addition, visitors can expect a refreshed Arabic spice portfolio, reflecting Orkla India’s continued commitment to catering to the diverse culinary preferences of the region.

Gulfood is a key platform for us as it enables us to showcase our latest innovations to a global audience, including retailers, distributors, and food industry leaders. The Middle East is a strategic market for our expansion. By blending tradition with convenience, our goal through this event is to become a household name across diverse communities in the region, reinforcing our commitment to quality, authenticity, and innovation in packaged foods.

How does Gulfood help Orkla IMEA connect with new markets, consumers, and industry partners, particularly in the Middle East?

Gulfood serves as a vital gateway for Orkla India to connect with new markets, consumers, and industry partners through its subsidiary Orkla IMEA in the Middle East. As one of the world’s largest food and beverage trade exhibitions, it provides an unparalleled opportunity to engage directly with key stakeholders, including retailers, distributors, and hospitality businesses, facilitating strategic partnerships and market expansion.

For Orkla India, this event is instrumental in understanding regional consumer trends, preferences, and evolving dietary habits, particularly in the fast-growing packaged food sector. The launch of the Eastern 5-Minute Breakfast range and refreshed Arabic spice portfolio at Gulfood allows us to showcase our innovation in convenience-driven yet authentic culinary solutions.

By participating in Gulfood, we strengthen our brand presence, foster collaborations with regional partners, and position ourselves as a trusted name in ethnic and mainstream food categories. It’s a key milestone in our vision to become a household name in the Middle East.

Eastern is set to unveil its preservative-free quick South Indian 5-Minute Breakfast range. What was the inspiration behind this concept?

The Eastern 5-Minute Breakfast range was inspired by the growing need for convenient, time-saving meal solutions that do not compromise on authentic taste and quality. South Indian breakfasts, particularly Kerala’s traditional dishes, are deeply rooted in culture, requiring significant time and effort to prepare. However, with modern lifestyles becoming increasingly fast-paced, many consumers struggle to recreate these meals from scratch.

Recognizing this shift, Eastern set out to bridge the gap between tradition and convenience by crafting a range that retains the authentic flavours and textures of Kerala’s most-loved breakfasts while eliminating the long preparation time. The preservative-free formula ensures that consumers enjoy fresh, wholesome meals made from high-quality ingredients in just three easy steps, ready in five minutes.

With this innovation, Eastern empowers busy professionals, young families, and expatriates to stay connected to their culinary heritage without compromising on their schedules, making traditional breakfast accessible anytime, anywhere in just 5 minutes.

Can you give us an insight into the development process behind this 5-Minute Breakfast range, especially in maintaining authentic South Indian flavors without preservatives?

The development process for our 5-Minute Breakfast range began with a deep understanding of our consumers’ evolving lifestyles and their desire for authentic Kerala-style breakfasts that eliminate a lengthy preparation process. We identified a unique need-gap: while traditional dishes like Puttu, Appam, and Idiyappam are much-loved, the time and effort they require can be challenging in today’s fast-paced world.

Our journey involved benchmarking these dishes to the traditional methods used by homemakers, capturing the essence of how an amma would prepare them at home. This set the standard for the flavor profiles we aimed to achieve. The challenge was to replicate the authentic taste and texture while ensuring our products were preservative-free.

Our R&D team worked tirelessly, conducting extensive trials to balance authenticity and convenience. Through our innovation center we crafted recipes that retain the goodness of traditional Kerala breakfasts while being ready in just five minutes. With this range, Eastern redefines breakfast convenience, allowing families to savor the true flavors of Kerala in a fraction of time.

With over one million Keralites in the UAE, how does Eastern plan to cater to both the traditional tastes of this community and the broader multicultural audience?

With almost two million Keralites in the UAE, Eastern understands the deep emotional and cultural connection this community has with its traditional cuisine. The Eastern 5-Minute Breakfast range is designed to preserve the authentic flavours of Kerala while offering a convenient solution for modern lifestyles. By using high-quality ingredients and a preservative-free formula, the range ensures that the taste and texture remain true to tradition, making it an ideal choice for Malayalees longing for home-cooked meals.

While there are other instant and ready-to-eat options in the market, Eastern’s range stands out by offering dishes like Puttu and Palappam, which traditionally require culinary expertise and time-consuming preparation. These dishes are not widely available in the quick- convenience food category.

At the same time, Eastern is expanding its reach to a broader multicultural audience by showcasing South Indian cuisine as a flavourful, nutritious, and easy-to-prepare option for all. The simplicity of the 3 Easy Steps preparation makes these dishes accessible to non-South Indian consumers who are eager to explore new flavours. Through strategic retail partnerships, digital outreach and and aggressive in-store sampling, Eastern aims to introduce and establish South Indian breakfast as a preferred choice for consumers in this region.

What’s one thing about Orkla IMEA that people might not know but should?

While Orkla IMEA was incorporated recently, we have been in the region for over 25 years now, through our brand Eastern.

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Features

2025 Hospitality Tech Trends

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By Prince Thampi, Founder and CEO, Hudini

As we approach 2025, the hospitality industry is poised for transformational growth, driven by evolving traveller preferences and advancements in technology. The future of hospitality promises enhanced convenience, personalisation and sustainability, with a significant focus on creating memorable experiences for guests. Let’s dive into five key trends that will shape the hospitality tech landscape in 2025 and beyond.

  1. The Continued Rise of Frictionless Technology

The increased demand for frictionless experiences is set to dominate the industry, with more and more travellers preferring hotels that offer touch-free check-in, check-out, and room access via mobile apps. This trend reflects a broader shift towards easy interactions powered by seamless digital integration. Mobile apps have been an essential tool for a few years now, enabling guests to manage their stays, order room service, and access hotel information effortlessly. With the introduction of Gen AI, those apps have become more powerful than ever and are now able to provide highly personalised recommendations and speak in different languages.

Hotels embracing this trend will gain a competitive edge, as tech-savvy travellers prioritise convenience and efficiency during their stay. According to a recent survey by Deloitte, around 72% of travellers are more likely to choose a hotel that offers mobile check-in and check-out services over those that don’t.

  • Hyper Personalised Guest Experiences

In 2025, personalisation will continue to be at the core of hospitality services but will finally be taken to the next level thanks to Gen AI. Guests expect hotels to anticipate their needs and offer tailored experiences, from customised room settings to personalised dining recommendations. Apps powered by AI are now able to predict guest needs based on a wealth of data, ingested from the hotel systems or fed externally.

Leveraging guest data and insights, hotels can create unique offerings that cater to individual preferences. This level of personalisation not only enhances guest satisfaction but also fosters loyalty and repeat bookings. According to Oracle’s findings, biometrics and AI are set to play pivotal roles, with 62% of guests valuing automated recognition for personalised interactions. Biometrics will experience a breakthrough into mainstream hospitality in 2025. Facial recognition technology has matured significantly and is ready to be weaved into the guest experience. It will enable better security and guest recognition while protecting their privacy at the same time.

  • AI-Enabled Customer Service

Artificial intelligence is revolutionising every aspect of the hospitality industry, but will be by itself a new way of providing customer service. Chatbots and virtual assistants are becoming standard tools for handling common queries, offering instant support, and streamlining operations at any time and in any language.

AI-driven solutions not only enhance efficiency but also provide guests with 24/7 assistance, ensuring a smoother and more satisfying experience. By integrating AI technologies, hotels can free up staff to focus on delivering exceptional in-person service.

  • Sustainability and Eco-Friendly Practices

Sustainability is no longer optional, it’s a necessity often enforced by regulation. Travellers are increasingly favouring hotels that adopt eco-friendly practices, such as using locally sourced food, implementing energy-efficient operations, and reducing waste.

By prioritising sustainability, hotels not only meet guest expectations but also contribute positively to the environment. This commitment to green initiatives enhances brand reputation and attracts environmentally conscious travellers. A recent survey by Booking.com found that 83% of global respondents believe more sustainable travel is vital, with 49% believing there aren’t enough sustainable travel options and 53% saying they get annoyed when a hotel prevents them from being sustainable.

Smart use of technology is key in the sustainability journey of hotels. Technology can accurately measure the reduction in carbon footprint, it will help reduce energy and adopt renewable energy sources, and will enable the effective management of food waste. Many hospitality apps allow guests to apply green energy settings to a room, some will even exchange your energy savings to loyalty points.

  • The return of ‘real’

With Gen Z – the first generation grown up with everything digital – becoming the next large group to travel, the craving for ‘real’ experiences is bigger than it ever was. Hotels focusing on truly unique and hyper local experiences; a great meal, cultural outing, or wellness treatment will win the hearts of this generation.

Fortunately hotel apps, AI, automation of processes, sustainability tech and the removal of cumbersome processes like checking-in and studying paper manuals will free up hotel staff to allow them to do what they do best: providing unforgettable, personalised and sustainable experiences.

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