9 Minutes to Crack Bitcoin? The Technical Boundaries and Industry Misreading of Google’s Quantum White Paper

Safeheron Hosts “Decoding the Open Future of Crypto Payments” Global Open-Source Tech Launch

By Safeheron Team
|

Safeheron successfully held the "Decoding the Open Future of Crypto Payments" global open-source technology and product launch event in Hong Kong. Safeheron released the world’s first open-source C++ native TEE framework based on Intel SGX.

The event brought together industry pioneers, including representatives from JD Coinlink Technology, Intel, SlowMist, Amber Group, Hong Kong Cyberport, HashKey OTC Global, FORMS HK, and RigSec. They engaged in in-depth discussions focusing on the development of stablecoin foundational infrastructure, the importance of open-source technologies, and key pathways to real-world applications.

Highlights: Safeheron Open-Sources Core TEE Tech & Launches New Product Matrix

Decoding the Open Future of Crypto Payments
At this event, Safeheron made a groundbreaking announcement: the open-sourcing of its self-developed core security technology – the world’s first Intel SGX-based C++ native TEE framework. This framework offers native development capabilities, high-performance operation, and verifiable security. It provides hardware-grade security while significantly lowering development barriers, enabling institutions to construct regulatory-compliant stablecoin infrastructure quickly.

With the passage of the U.S. Senate’s GENIUS Act and the Stablecoin Bill in Hong Kong, regulatory frameworks for stablecoins are rapidly taking shape, marking a historic turning point for digital finance. Anticipating explosive industry growth and the corresponding security challenges in institutional crypto payments, Safeheron officially launched a one-stop solution for the stablecoin payment industry chain during the seminar. This solution covers scenarios spanning the upstream (token issuance, cold/warm/hot wallets), midstream (payment institutions, OTC, exchanges), and downstream (cross-border remittances, cross-border e-commerce, bulk commodity trade). At its core, Safeheron’s solution combines its self-developed MPC technology to protect private keys and self-developed TEE technology to prevent insider threats and hacker attacks. This multi-layered security architecture ensures that enterprises can use crypto accounts with the same safety and reliability as bank accounts.
Decoding the Open Future of Crypto Payments
Safeheron’s new product matrix consists of three core products: MPC SaaS, MPC Node, and the upcoming TEE KMS Node. Additionally, Safeheron updated and optimized multiple features, including:
Safeheron Connect, an automated fund consolidation feature for exchanges and payment platforms, an energy leasing feature helping save over 50% on transaction fees, an asset analysis feature, an upgraded policy engine, and developer API management.

Safeheron’s new product lineup includes three core offerings: MPC SaaS, MPC Node, and the upcoming TEE KMS Node. Additionally, the company introduced and optimized several features, such as:

  • Safeheron Connect
  • Auto Sweep: automated fund aggregation for exchanges and payment platforms,
  • Energy Rental: reduces transaction fees by over 50%,
  • Asset analysis tools
  • Upgraded Policy Engine
  • Developer-friendly API management tool

Open Source as the New Standard for Crypto Security: The Safest Software is Open Source

Decoding the Open Future of Crypto Payments
Following its 2023 release of the world’s first C++-based MPC threshold signature protocol library, the open-sourcing of the TEE framework marks another significant milestone in Safeheron’s journey towards technological transparency. It again demonstrates Safeheron’s commitment to the principle of "technology transparency and community collaboration".By open-sourcing its years of research and development in algorithms and trusted computing, Safeheron aims to give back to the industry and the community.

Max He, Chief Scientist of Safeheron, stated: "We aim to steer the crypto security industry away from blind faith in ‘black-box solutions’ and toward trust mechanisms based on ‘verifiable code.’ This is not only our solemn commitment to industry trust but also a crucial step in upgrading digital asset security standards."

Intel China’s Chief Platform Security Architect, Liguang Wang, commented:
"We are very pleased to see Safeheron’s open-source initiative, which significantly benefits developers. Open source is a critical prerequisite for the application of precise computing technologies like TEE. Intel also shares this transparency philosophy — our codes for TEE technologies, SGX, and TPM are all open source."

Cos, founder of SlowMist, and CTO of RigSec, Nelson Lei, also shared their perspectives. They affirmed that open source is essential for trust but cautioning that open-source code must correspond to actual running code to prevent malicious exploitation. They also provided in-depth analysis of how the three mainstream security technologies – MPC, TEE, and ZKP (Zero-Knowledge Proof) – perform against security threats like hot wallet attacks, smart contract vulnerabilities, and node hijacking. They concluded that open-source technologies are vital for increasing industry transparency and collaboration efficiency.

Amber Group’s Chief Information Security Officer, Leo, discussed the potential for standardizing, scaling, and innovating security technologies through unified technical certification frameworks, compliance harmonization, and cross-border collaboration.

Stablecoins: From Compliance to Usability, Full Ecosystem Applications from Payments to RWA Innovation

Decoding the Open Future of Crypto Payments
During the roundtable discussion "Stablecoins: The Key to Unlocking Scenario-Based Applications", Safeheron CEO Wade Wang emphasized that the use cases for stablecoins have shifted significantly. Previously, before 2021, stablecoins were primarily used in Web3 services such as trading on exchanges and OTC. Today, they are solving real-world problems, including cross-border bulk commodity trade, paying taxi fares, buying airline tickets, and settling advertising fees. These emerging applications demonstrate that stablecoins are breaking through the boundaries of the virtual economy to provide value in traditional sectors. Wade Wang believed that the core goal for entrepreneurs is to drive stablecoin adoption in the real economy.

As the global crypto industry enters an unprecedented period of regulatory acceleration, the role of Hong Kong Dollar stablecoins (HKDG) in the global market is becoming increasingly important. Teddy Liu, CEO of JINGDONG Coinlink Technology Hong Kong Limited, one of Hong Kong’s stablecoin sandbox projects, shared updates on their project. JINGDONG Coinlink Technology’s stablecoin will initially focus on real-economy scenarios like cross-border payments, retail payments, and trade settlements, helping businesses "go global" and improve capital flow efficiency. In its first phase, JINGDONG Coinlink Technology is likely to release a stablecoin that is pegged 1:1 to fiat currencies such as Hong Kong Dollar or U.S. Dollar, with specific designs subject to regulatory and market demands. Collaborations with top-tier regulated exchanges and integrations with JD’s Hong Kong & Macau payment systems are already underway.

Victor Yim, Head of FinTech at Hong Kong Cyberport, stated during the event: "The core value of stablecoins lies in enhancing payment efficiency, transparency, and convenience while addressing fundamental pain points in cross-border scenarios(B2B/B2C/government affairs). Compared to crypto assets with higher price fluctuations, stablecoins have a stronger global appeal and are likely to attract more enterprise adoption in the future. For RWA, green energy projects, such as EV charging stations, have the most explosive potential. The key lies in leveraging data (via smart contracts or IoT) to empower traditional high-quality assets and create new value dimensions."

In this pivotal context, as bridges between traditional finance and the crypto world, stablecoins require a fundamental reconstruction of the underlying infrastructure and trust mechanisms to transition from "compliance to utility." As a stablecoin trading gateway, HashKey OTC Global consistently prioritizes compliance and security. Its Singapore CEO, Liang Li, said: "Traditional payment companies are rapidly entering the stablecoin market, and we are seeing increasing demand from traditional industries. Since our inception, we have never experienced a security incident, which is our fundamental promise to our clients."

Furthermore, Barry Chan, CDO of FORMS HK, offered insights from a traditional finance and banking perspective: "With stablecoin regulations gradually taking effect, banks will have greater confidence in participating in the stablecoin ecosystem. Leveraging their custody and risk-control capabilities, banks will help drive the scale-up of stablecoin adoption."

A Call to Action: Building the Future of Cybersecurity

"Open-source technology is the key to advancing foundational infrastructure maturity. Only by establishing transparent and verifiable security architectures can stablecoins achieve a balance between compliance and usability, fully integrating into the global payment system. By transforming proprietary technologies into public goods, we hope to redefine trust within the industry – not as a competitive advantage but as a shared foundation." This event was more than a typical seminar; it was a call to action. As Wade Wang aptly concluded:"The future of Cybersecurity requires trust alliances built by governments, developers, and visionaries."

SHARE THIS ARTICLE
联系我们