January 10th, 2022 at 9:16 am UTC · 2 min read
Exohood has recently claimed to be the world’s first crypto decentralized organization a non-custodian which passes security compliance and data protection audit by Intercer & LL-C.
According to the organization´s announcement, Exohood undergoes the ISO 27001, the international recognized standard for security management allows you to create your own Information Security Management System (ISMS) examination.
“ISO 27001 implementation is an ideal response to customer and legal requirements such as the GDPR and potential security threats including: cyber crime, personal data breaches, vandalism / terrorism, fire / damage, misuse, theft and viral attacks,” according to the ANSI-ASQ National Accreditation Board is the largest multi-disciplinary accreditation body in North America.
The audit was handled by auditing firm Intercer and LL-C, which covered the exchange, infrastructure, NFT market, Token launchpad, and EXO token.
Exohood is reportedly preparing for its ISMS second examination in the middle of 2022. This will further confirm the validation of the effectiveness of their internal controls. Exohood also guarantees to take ISMS examination on an annual basis.
In November 2021, Exohood approved the audit´s smart contract for EXO token made by Intercer. Joseph Cohen, Head of Technology at Exohood, said:
“We believe people coming forward into decentralized finance deserve the same protection as investors in traditional markets, adhering the same standards, practices, regulations, and compliance protocols.”
LL-C and Intercer audit firm is the leading independent provider of environmental simulation testing, inspection and certification services in Europe. LL-C and Intercer serves various industries including civil aviation, space, defense, technology, nuclear, telecommunication, industrial, electronic, medical, and automotive. They have world-famous client brands like Fujitsu, Vodafone, Siemens, and 02 Telefonica.
Exohood is an non-custodial automated protocol as we generate value for the decentralized finance ecosystem through services and solutions that help accelerate the massive adoption of cryptocurrencies. Exohood is an organization represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government. A DAO’s financial transaction record and program rules are maintained on a blockchain.