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Redbelly completes Tesserent security audit, working towards Testnet launch on 31 May 2024

At Redbelly we believe expert validation and testing is vital to building a network everyone can trust to trade high value regulated assets in the RWA tokenisation ecosystem.

Having already completed a Hashlock Smart Contract security audit in March, we are today announcing the successful completion of a Tesserent cloud security infrastructure audit, as well as the timeline for the launch of our Testnet program.

Tesserent conducted the infrastructure assessment by testing our network against globally recognised CIS Benchmarks for Internet Security, reviewing our current architecture and extant security posture in detail. The results were compiled and developed into rationalised risk assessments and recommendations for technical remediations, which our team have now completed.

Copies of both the Hashlock and Tesserent reports are now available here

 

With the successful completion of these security reviews, the path to Testnet is clear. These are the key phases that will be completed as we approach this milestone.

 

Sprint 1

Smart Contract, Infrastructure, Security and Code testing to ensure a reliable, stable and secure network.

  • Smart Contract Audit and Network Testing - Performed by Hashlock -
Remediation Completed
  • Infrastructure Testing - Performed by Tesserent - Remediation Completed
  • Internal and External Penetration Testing and Remediation - In Progress
  • Internal and External Secure Code Review and Remediation - In Progress

 

Sprint 2

Access dApp testing to ensure secure permission-based access

  • IDP penetration testing and Remediation -  Scheduled
  • RWA issuer bulk account creation, access testing and Remediation - In Progress

 

Sprint 3

Readiness and Launch

  • Platform readiness testing and delivery into production - from 6/5/24
  • Launch of Testnet Platform - from 31/5/24

 

Future Phases

We are committed to updating our community every 2 weeks as we run up to Testnet launch and beyond to Mainnet. Stay tuned for more updates on our roadmap as we push through the final sprints of work to bring Redbelly’s unique public and purpose-built solution to the RWA ecosystem.

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Redbelly Network Pty Ltd

Australia
304/74 Pitt St. Sydney 
NSW 2000, Australia

India
2nd floor, Plot 14, Aeren Building, 
IT park Chandigarh, sector 13, Chandigarh, India