Validation Cloud, the leading Web3 infrastructure provider, has successfully completed a System and Organization Controls (SOC) 2 Type I audit. This achievement demonstrates Validation Cloud’s commitment to delivering exceptional security, availability, and confidentiality for its users and partners, and highlights its dedication to bringing enterprise-grade infrastructure to the Web3 industry.
Unlike most Web3 companies, Validation Cloud recognized the importance of process controls and compliance from the beginning. SOC 2 compliance became a core priority for the company, as it aimed to match the performance and standards of traditional enterprises. By doing so, Validation Cloud stands out in the Web3 industry and has positioned itself as one of the few SOC 2 compliant node API and staking infrastructure providers.
SOC 2 compliance is crucial in the Web3 industry for two main reasons. First, in order to attract traditional enterprises to Web3, the industry must meet the same performance and compliance standards as Web2. Second, decentralized ecosystems and applications heavily rely on data privacy and security. Therefore, to foster trust and confidence in Web3 applications among individuals and organizations, robust security measures must be in place.
For enterprise Web2 procurement, SOC 2 compliance is a minimum requirement to service blue-chip enterprises. If Web3 apps want to compete in a broader marketplace alongside Web2 companies, they must demand that their service providers achieve similar standards. Validation Cloud’s approach aligns with Web2 standards while offering the unique features of Web3, making it an ideal partner for both Web2 and Web3 enterprises.
Beyond the needs of traditional enterprises, the Web3 ecosystem also requires enhanced security. The industry has seen significant losses in DeFi hacks, amounting to over $5 billion between 2016 and 2022. These security risks generate anxiety and hinder the adoption of Web3 technologies. Validation Cloud addresses these concerns by implementing an expansive suite of controls and protocols that are continuously monitored 24/7.
Validation Cloud’s enterprise-grade and SOC 2-compliant platform enables users to navigate Web3 responsibly. Whether it’s staking, node services, or data streaming, Validation Cloud offers fast, scalable, and intelligent solutions. To learn more about Validation Cloud and explore its cutting-edge offerings, visit validationcloud.io.
About Validation Cloud:
Validation Cloud is a Web3 data streaming and infrastructure company headquartered in Zug, Switzerland. It connects organizations to the Web3 world through a fast, scalable, and intelligent platform. Validation Cloud offers highly performant and customizable products in staking, node services, and data-as-a-service. For more information, visit validationcloud.io or connect on LinkedIn, Twitter, and Medium.
Contact:
Kelly Clark, press@validationcloud.io
