Distributed Ledger Technologies (DLT) have shown that they have the potential to revolutionalize the digital world and offer a real added value to organizations and their customers. Practically all industries are currently experimenting with its use in a variety of use cases including financial services such as safekeeping of digital assets, proofs of identity, supply chain management, traceability and more. As use cases move from pilot phase to production, questions arise regarding risks and controls. DLT itself are considered tamper-proof, however, solutions based on technology are subject to risks, just like any other IT implementation.
- Continous transparency for the entire network
- Assurance of data integrity
- Prevention of fraud and manipulation
- Reliability and quality of the implementation
- Building of trust
- Official confirmation from an independent body that your solution is state of the art, complies with regulatory requirements and is therefore trustworthy
- Organizations that develop, host or offer participation in Blockchain solutions to other organizations for commercial reasons.
- Organizations with a concrete interest in receiving an official confirmation from an indipendent body that their solution represents the “state-of-the-art”, complies with regulatory requirements and is therefore trustworthy.
The assessment comprises a standardized check of the Blockchain solution at process level regarding operation, development and further development as well as at technical level regarding business logic, special hardware and Distributed Ledger Technology.
The assessment certificate is issued if the use of Distributed Ledger Technology is harmless according to ISO 20000 or ISO 27001 respectively. The certificate can then be used as an internationally valid recommendation for the next audit.