Phylax Systems is a pioneering company dedicated to enhancing security within the cryptocurrency space, aiming to restore trust and safety for users and institutions alike. Founded in response to significant security breaches in the industry, Phylax has raised over $4.5 million from esteemed investors and is on a mission to create proactive, robust security solutions. The company is developing the Credible Layer, an innovative on-chain protocol designed to enforce security rules for every transaction, thereby improving the overall security of decentralized finance (DeFi). With a strong commitment to collaboration and open-source contributions, Phylax Systems is focused on building a trustworthy ecosystem for all participants in the crypto industry.