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Cryptocurrency News Articles
Hashlock Completes Pre-TGE Security Audit for Rizenet, Discovering the Contracts to be "Secure"
May 12, 2025 at 10:08 pm
Hashlock, a leader in Web3 security and smart contract auditing, is proud to announce the successful completion of a comprehensive pre-TGE security audit for Rizenet.
Tortola, British Virgin Islands, May 12th, 2025, Chainwire
Hashlock, a leader in Web3 security and smart contract auditing, is proud to announce the successful completion of a comprehensive pre-TGE security audit for Rizenet.
Rizenet is a public-permissioned Layer 1 blockchain developed by T-RIZE Group on the Avalanche infrastructure. It is designed to support decentralized machine learning workflows.
The network is powered by the $RIZE token, the core utility and governance asset of the ecosystem:
* $RIZE is also required to :
* Pay gas fees for deploying smart contracts and executing transactions on Rizenet.
* Participate in onchain governance proposals to decide on key network parameters, treasury allocations, and future development direction.
* Contribute to decentralized machine learning tasks, such as data annotation and model optimization, where participants are compensated in $RIZE for their contributions.
Rizenet maintains a permissioned validator set and restricts smart contract deployment to authorized entities, supporting controlled participation. It is EVM-compatible, enabling Ethereum-standard tooling and smart contracts that enforce compliance conditions—such as identity-based transfer rules and jurisdictional constraints.
The network supports federated learning coordination through onchain logic. While model training and data remain offchain, smart contracts manage participant authorization, contribution tracking, and reward distribution, enabling privacy-preserving collaboration across institutional participants. Together, Rizenet and the $RIZE token provide the infrastructure, governance mechanism, and incentive structure required to support institutional-scale tokenization and decentralized machine learning.
The team at Hashlock audited the solidity code within the Rizenet Token (RIZE) project, the scope of work included a comprehensive review of smart contracts. These tests were undertaken primarily through manual line-by-line analysis and were supported by software-assisted testing.
After Hashlock’s Audit, they found the smart contracts to be “Secure”. The contracts all follow simple logic, with correct and detailed ordering.
All issues uncovered during automated and manual analysis were meticulously reviewed, and applicable vulnerabilities are presented in the Audit Findings section.
Users can find the report here: https://hashlock.com/audits/t-rize
About Hashlock:
Hashlock is a leading Web3 security firm specializing in smart contract auditing and blockchain cybersecurity. Our mission is to ensure the safe adoption of blockchain technology through rigorous audits and comprehensive security services.
Website: https://hashlock.com/
X: https://x.com/Hashlock_
Rizenet Token (RIZE):
T-RIZE is an institutional-grade tokenization platform targeting new construction real estate in G20 countries, where housing shortages and rent regulation create compelling yield opportunities. The platform integrates privacy-preserving machine learning via the Rizenet blockchain to deliver more precise risk analysis, valuation, and due diligence. With $2B in pipeline, $300M in signed deals, and $23M in growing TVL, T-RIZE is actively converting real-world assets into accessible, compliant, and data-driven digital investments.
The RIZE token powers the ecosystem—bonded to access tokenization services, used to reward decentralized ML contributors, and governing treasury allocations for project incentives, ecosystem grants, and community initiatives.
Website: https://www.t-rize.io/
LinkedIn: https://www.linkedin.com/company/t-rize/
Contact
CEO
Madani Boukalba
Rizenet Token (RIZE)[email protected]
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