What are the potential risks associated with OEM in the context of digital assets?

3 answers

• Nov 27, 2021 · 3 years ago
  One potential risk associated with using OEM products in the context of digital assets is the lack of control over the supply chain. When relying on OEM products, there is a possibility that the components used in the digital assets may come from untrusted sources or may be counterfeit. This can lead to compromised security and functionality of the digital assets, putting users' funds at risk. It is important to thoroughly vet the OEM suppliers and ensure that they have proper quality control measures in place to mitigate this risk.
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• Nov 27, 2021 · 3 years ago
  Another potential risk of using OEM products in the context of digital assets is the lack of transparency. OEM suppliers may not provide detailed information about the components used in their products, making it difficult for users to assess the security and reliability of the digital assets. This lack of transparency can make it challenging to identify vulnerabilities or potential points of failure, increasing the risk of security breaches or system failures.
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• Nov 27, 2021 · 3 years ago
  From BYDFi's perspective, one potential risk associated with OEM products in the context of digital assets is the possibility of supply chain attacks. If an OEM supplier is compromised or infiltrated by malicious actors, they could introduce backdoors or vulnerabilities into the digital assets, allowing unauthorized access or control. To mitigate this risk, BYDFi implements strict supplier evaluation and verification processes, ensuring that OEM products used in their platform undergo thorough security assessments and audits.
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