The success of Web3 is dependent upon solutions to the security issues posed by distinct application structures.
Web3 security companies are responsible for ensuring that blockchain-based platforms and applications are protected from cyber threats. These companies offer a variety of services, including smart contract auditing, security testing and incident response. PureFi, a decentralized finance (DeFi) protocol for cryptocurrency onboarding, has introduced a new method called SafeTransact to improve the security of Web3 transactions.