Chainlink, a leading decentralized oracle network, has achieved a major milestone. According to a blog post , Chainlink is now the first platform to earn ISO 27001 certification and SOC 2 Type 1 attestation. Chainlink’s New Achievements Come With a Lot of Benefits This assessment focuses on Chainlink’s data feeds, particularly Price Feeds and SmartData, as well as the Cross-Chain Interoperability Protocol (CCIP). These services are essential for smart contracts to access real-world data and communicate securely across different blockchain networks. Deloitte & Touche LLP, a well-known independent accounting firm, conducted the audits in alliance with the American Institute of Certified Public Accountants (AICPA) standards. Notably, the ISO 27001 standard verifies that Chainlink has Information Security Management Systems (ISMS) in place to protect the confidentiality, integrity, and availability of its services. Meanwhile, the SOC 2 Type 1 attestation reveals that Chainlink has the right controls to protect customer data, focusing on security as defined by the AICPA Trust Services Criteria. It is also worth noting that Chainlink’s achievements set a new standard for decentralized Oracle platforms. By acquiring ISO 27001 certification and SOC 2 Type 1 attestation, Chainlink boosts its credibility with developers and business partners. This, in return, strengthens its status as the most secure and reliable Oracle solution in Web3. USD1 Works Across Blockchains With Chainlink’s Help Recall that World Liberty Financial (WLFI), the decentralized finance (DeFi) protocol, has partnered with Chainlink and its CCIP to unlock new possibilities for its fast-growing stablecoin, USD1. Before now, USD1 worked only on the Ethereum (ETH) and BNB Chain blockchain networks. However, with Chainlink’s CCIP, USD1 can move safely between these blockchains. This means more users and developers can now use the stablecoin without being limited to one blockchain. Cross-chain transfers are seen as risky because many bridges lack strong security. Reports show that over $3 billion has been stolen through unsafe bridges recently. However, Chainlink’s CCIP aims to solve this problem. The platform is designed to help users move assets safely and with more trust. Chainlink Could Boost WLFI USD1 Market Value Undoubtedly, Chainlink is known for providing safe and reliable services in the crypto industry. Many projects use their tools for price data and security. Now, WLFI, backed by DWF Labs , is using Chainlink’s CCIP to strengthen and secure USD1. This will help the stablecoin reach more users and attract big investors. The post Chainlink Bags Major Certifications In Epic Global Push appeared first on TheCoinrise.com .
