Phylax

Phylax Systems is a tech startup focused on solving one of the most critical challenges in the Web3 space: security. As the digital landscape evolves, so do the threats that compromise user safety and asset integrity within blockchain systems. Established in 2024 and headquartered in New York, Phylax is dedicated to building a verifiable security layer that enhances the overall trustworthiness of decentralized applications (dApps) and blockchain networks. Their innovative product, the Credible Layer, aims to simplify the complex security landscape by allowing users to easily ensure that their assets are protected against various attack vectors.

The company emphasizes an open-source ethos and has committed to avoiding product lock-in, which often leads to unwanted trust externalities. Developers can integrate the Credible Layer with minimal configuration changes, as it operates seamlessly alongside existing dApps and blockchain networks. This integration supports the enforcement of assertions that define forbidden states for dApps and prevents hacks before they occur. Through a collaborative and forward-thinking approach, Phylax Systems aspires to lead the way in providing security solutions that empower users and developers alike, ensuring the crypto ecosystem can thrive without fear of vulnerabilities.