Scalable Solutions, a blockchain asset infrastructure provider, has announced that its technology has been audited and is now SOC 2 certified. SOC 2 (system and organization controls 2) is an auditing procedure developed by the American Institute of Certified Public Accountants.
Above all, SOC 2 ensures service providers securely manage data to protect the interests of organizations and the privacy of their clients. It does so by defining criteria for managing customer data based on five trust service principles; security, availability, processing integrity, confidentiality, and privacy.
“We understand how important data security is for our white label technology clients and users, especially in the ever-changing blockchain industry. This certification is particularly relevant for highly regulated financial institutions that require SOC 2 in order to operate successfully. As cloud-based storage is increasingly becoming the principal way to store data; SOC 2 is “must-have” compliance for technology companies and service providers.”
– The Scalable Solutions Team
Scalable’s technology is currently being used by various regulated trading venues. Further, those interested in setting up a digital asset exchange or other blockchain services; can find out more about the company’s SOC 2 certification and services, here.