Digital Asset is First Blockchain Startup to Successfully Complete AICPA Type 2 SOC 2 Examination
- Digital Asset continues to demonstrate its commitment to meeting the security requirements of its customers and the integrity of its products and services
New York -- March 5, 2020 -- Digital Asset, the creators of the open-source DAML smart contract language, announced today that it has successfully and voluntarily completed a Type 2 SOC 2 examination, which is a report on controls at a service organization relevant to security, availability, processing integrity, confidentiality, or privacy.
“Protecting client and corporate data and the integrity of our products and services is a top priority for Digital Asset,” said Edward Newman, Digital Asset Chief Security Officer. “Through industry-standard security examinations and certifications, we are demonstrating our continued focus to meet the security requirements of all of our customers across multiple sectors. Successfully completing the SOC 2 examination shows our ongoing commitment to security for customer and corporate data, and the products and services we develop.”
The Type 2 SOC 2 examination covered the Digital Asset software build pipeline between July 1, 2019 and December 31, 2019. Schellman & Company, LLC, an external independent CPA firm, performed the examination. In early 2019, Digital Asset completed its Type 1 SOC 2 examination as of December 31, 2018. The Type 1 report describes the systems of a vendor and tackles whether it is capable of meeting relevant Trust Services Criteria Category as of a specified date.