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Naoris Protocol Partners with WACEO, a DAO focused non-profit supporting blockchain projects.

April 30, 2024

Naoris Protocol, the Blockchain and AI-based Decentralised CyberSecurity Mesh that restores cybersecurity across all sectors of the economy, is delighted to announce a partnership with WACEO, a non-profit specialized in governance, legal, and regulatory compliance serving DeFi projects, DAOs, DEXs, and other Web3 projects across the globe.

WACEO is a unique organization bringing passion, diversity, and inclusion to Web3 through a majority female team, helping provide more opportunities for legal and Web 3 women leaders.

WACEO’s mission is to support blockchain-based projects to maintain a significant level of decentralization while aiding regulatory compliance, litigating against scammers, and lobbying for its legal recognition. WACEO’s aim is to educate the DeFi sector on the importance of compliance and regulation across the blockchain industry which is crucial for longevity, fraud/scam prevention, and overall growth.

Naoris Protocol is scaling the Decentralized Cybersecurity Mesh to protect every device in the digital world, allowing networks to defend themselves from cyber-attacks using disruptive Swarm AI and Blockchain technology. Naoris Protocol is designed to reduce cyber security risks and costs significantly, addressing the staggering $10 trillion global opportunity, which is the projected cost of cybercrime by 2025. By converting traditionally untrusted network devices into a swarm of cyber-trusted validator nodes, Naoris Protocol makes networks stronger as they grow, not weaker. Powered by a tokenized cyber-secure machine-to-machine economy, single points of failure are converted into multiple points of defense that identify risks in real time under consensus. Naoris Protocol is also complementary — traditional cyber tools can operate freely without being in competition.

The WACEO partnership is of particular interest to Naoris Protocol as COO and Co-founder Monica Oravcova is a passionate evangelist and thought leader for women in deep tech.

With 15+ years in IT and Cybersecurity for Telco, Finance, and Manufacturing, Monica has led operations and executive teams for FTSE 100 clients AT&T, IBM, and Apple managing budgets over $100M.

Naoris Protocol will integrate its Decentralized CyberSecurity Mesh with WACEO’s tech stack and future Web3 operations by providing a cyber-secure and validation layer across all devices.

By securing cyber integrity, WACEO’s devices can communicate securely and safely whilst being protected from the vulnerabilities that Web3 inherits from Web2 by default. Here are some examples:

  • Account hijacking risks at the node, user, and exchange levels
  • API tampering risks
  • DOS/DDOS attacks, data corruption, or tampering with oracles
  • Internal threats to exchanges, oracles, protocols, bridges
  • Update poisoning
  • Evil maid attacks through hardware or firmware tampering
  • Identity and access management (IAM) vulnerabilities on nodes, users, oracles, bridges and servers
  • Advanced persistent threat risks and service provider attacks on oracles and nodes

Aleksa Mil, Managing Director at WACEO commented:

“We are elated to be partnering with Naoaris Protocol to utilize their technology to integrate cybersecurity in decentralized projects and ensure the protection of the community ultimately contributing towards the growth of Web3, while also instilling inclusivity by educating, training and creating opportunities for women in Web3”

Monica Oravcova, COO, and Co-Founder of Naoris Protocol “I’m super excited Naoris Protocol is working with WACEO, as well as supporting their stellar work in the Web3 space assisting projects to navigate the governance, legal and regulatory landscape, I want to personally pledge my support to their future work to increase diversity and female inclusion in the tech space”

About WACEO

WACEO AISBL is a non-profit organization with a mission to ensure compliance of DAOs and blockchain-based organizations, and further their growth and development. WACEO provides blockchain-based projects access to the network of professionals to support them in developing a framework for compliance, legality, and risk management and prevention in line with regulatory best practices. It is an environment in which blockchain-based projects can interact with traditional world service providers in a centralized manner while maintaining a significant level of decentralization.

WACEO AISBL is a female-led organization that actively contributes to the development of women in Web3. The recently initiated Women W3mpowerment project focuses on educating and training female legal professionals on DAOs, blockchain, DeFi, industry regulations, and the legal and compliance challenges of the environment.

About Naoris Protocol

Naoris Protocol is the Decentralized CyberSecurity Mesh for the hyper-connected world. Our disruptive design pattern makes networks safer as they grow, not weaker, by turning each connected device into a trusted validator node. A robust Blockchain protocol that every company can use to protect against the escalating levels of cyber threat.

Devices are rewarded for trusted behavior fostering a secure environment. Participants earn $CYBER staking rewards for securing the network.

The more users, businesses, and governance structures that use the Decentralized Cyberecure Mesh, creating networks of networks, the stronger and more secure it becomes.

Want to learn more about it?

Visit our Website or check out our Whitepaper

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