Chainlink hits milestone with ISO 27001 and SOC 2 compliance

Uncover key highlights within the Bitcoin house. This article dives into: “Chainlink hits milestone with ISO 27001 and SOC 2 compliance”.

Chainlink has secured two key safety certifications with the oracle community reaching ISO 27001 and SOC 2 Type 1 attestation.

Summary

• Chainlink has achieved ISO 27001 and SOC 2 Type 1 compliance certification.
• The milestones imply Chainlink’s safety customary complies with worldwide requirements.

The Chainlink (LINK) workforce introduced the milestone through a weblog put up on Aug. 21, noting the event makes it the primary knowledge and interoperability oracle platform to turn into ISO 27001 and SOC 2 Type 1 licensed.

Assessment was primarily based on the attestation requirements established by the American Institute of Certified Public Accountants and carried out by the accounting agency Deloitte & Touche LLP.

What does this imply?

The certifications underscore Chainlink’s place as a number one supplier of enterprise-grade infrastructure, with the platform’s traction in real-world use circumstances important throughout the trade. 

Both SOC 2 compliance and ISO 27001 imply Chainlink’s protocol, from a due diligence and safety measures standpoint, complies with worldwide requirements. The certifications point out that Chainlink’s safety and operational controls each shield the platform and its purchasers or customers.

According to particulars Chainlink shared, the assessments that helped it obtain compliance centered on the platform’s core merchandise and options: Chainlink Data Feeds and Cross-Chain Interoperability Protocol.

Chainlink market progress  

Chainlink, whose options have helped energy 68% of the market’s whole worth secured and which helps a whole bunch of protocols, has not too long ago made strides as a prime blockchain platform past interoperability.

The protocol not too long ago surpassed $93 billion in TVS and launched state pricing for decentralized exchange-traded belongings, Data Streams for equities and exchange-traded funds and LINK reserve. 

Top crypto platforms and DeFi protocols that faucet into Chainlink embrace Aave, GMX, Compound, Ether.fi, and Pendle. Global monetary establishments, banks, and asset managers have additionally built-in Chainlink’s interoperability customary, which is powered by CCIP. They embrace Swift, UBS, ANZ Bank, and SBI Digital.

“With these certifications in place, financial institutions can now feel even more confident in utilizing Chainlink standards and oracle services to unlock advanced use cases onchain that are secure and compliant, such as Delivery vs. Payment (DvP) settlement, stablecoin servicing, onchain data distribution, and much more,” Chainlink wrote.

You Might Also Like

Explore knowledgeable insights within the Web3 ecosystem. This article explains: “Chainlink hits milestone with ISO 27001 and SOC 2 compliance”.

• Bitcoin market information & on-chain traits
• Altcoin picks, worth strikes & ecosystem updates
• DeFi improvements, protocols & yield methods
• NFT & Web3 tasks remodeling digital possession
• Airdrop & Bounty campaigns to say and earn
• Mining & Staking guides, rewards & profitability ideas
• Exchanges & Wallets critiques & safety features
• Security & Scams to keep away from in crypto investing
• Price Analysis for smarter choices and insights
• AI & Blockchain merging intelligence with decentralization
• CBDCs & Stablecoins from banks and blockchain tasks
• Crypto Regulations and authorized frameworks shaping the trade
• Trading & Signals with methods and alerts
• (*2*) worldwide within the crypto house

Cross-Site Crypto Insights

• Explore BlockTrend for knowledgeable takes on blockchain traits & developments
• Visit SFBNEWS for information and auto-fed crypto headlines
• Check i-News for recent world crypto headlines & breaking tales
• Claim & earn with trusted drops on i-Coin — your faucet & incomes hub
• Learn crypto the sensible method on i-VIP — sensible tutorials, guides & ideas for rookies

[ad_3]

Original Source

This article is tailored from crypto.information. We’ve restructured and rewritten the content material for a broader viewers with improved readability and website positioning formatting.

Explore CryptoCoil Daily

Read extra from CryptoCoil for trending blockchain information & tutorials.

CryptoCoil Sitemap

View all content material at CryptoCoil Sitemap — full website construction.