Published May 2, 2023
By Qredo Team
We are so pleased to share the news that Qredo has now officially received the BSI's ISO 22301:2019 Certificate for our Business Continuity Management System.
This certification was made possible by the hard work and dedication of each one of our staff here at Qredo. It is a testament to our commitment to excellence and our ability to stay agile in the face of unexpected challenges.
A milestone for business continuity in the blockchain industry
At Qredo we have an unwavering commitment to robust and secure crypto custody, and this achievement comes at a pivotal time as we head towards the launch of our new platform. Let's consider the significance of this certification for our stakeholders.
What is ISO 22301 and why does it matter?
ISO 22301 is the international standard for Business Continuity Management Systems (BCMS). It is designed to help organizations prevent, prepare for, respond to, and recover from unexpected and disruptive incidents.
By providing a practical framework for setting up and maintaining a BCMS, organizations can demonstrate their commitment to business continuity and disaster preparedness.
Achieving ISO 22301 certification is a testament to a company's resilience and stability. The certification process involves a stringent audit that covers all aspects of our business continuity management system. By meeting these rigorous requirements, we provide our users with true confidence that our services are built on secure, reliable, and resilient foundations.
The ISO 22301 standard consists of four major components that contribute to a successful Business Continuity Management System (BCMS): management support, business impact analysis including crisis management and response, risk assessment, and having a Business Continuity Plan (BCP) in place.
The ISO 22301 standard is based on the Plan-Do-Check-Act (PDCA) cycle, which encourages organizations to continually review and improve their business continuity management system to stay resilient and adaptive to changing circumstances.
Strengthening the digital asset ecosystem for institutional investors
As the blockchain industry continues to mature, institutional investors are ever better informed, and seeking more secure and reliable platforms for digital asset management. By achieving ISO 22301 certification, Qredo is well-positioned to meet the demands of these increasingly sophisticated investors.
Our commitment to business continuity management ensures that we can continue to deliver products and services at an acceptable capacity during a disruption. This is particularly important in the dynamic world of digital assets, where market volatility and cybersecurity threats are ever-present concerns.
By prioritizing business continuity, we provide our users with the peace of mind that their investments are safe, even in the face of adversity.
Embracing Web3 and DeFi with confidence
The emergence of Web3 and decentralized finance (DeFi) has unlocked such incredible opportunities for value creation and collaboration. However, these innovative technologies also bring unique challenges in terms of security and operational resilience.
With our ISO 22301 certification, Qredo is poised to navigate these challenges successfully. Our robust business continuity management system enables us to mitigate risks and stay at the forefront of this rapidly evolving sector.
Our stakeholders can take comfort in the knowledge that we are committed to maintaining the highest standards of operational resilience, even as we embrace the cutting-edge developments in the blockchain industry.
By achieving ISO 22301 certification, Qredo demonstrates that our security measures and risk management practices are aligned with international best practices.
This certification solidifies our position as a leader in the digital asset space, whilst helping to foster trust and confidence in the broader blockchain ecosystem.
Setting the bar high for industry standards
As the digital asset ecosystem matures, the importance of adhering to stringent standards and best practices becomes ever greater. By obtaining this certification, Qredo is setting the bar high for other players in the industry.
By aligning our operations with international standards, we are not only reinforcing our own commitment to excellence but also contributing to the overall growth and stability of the digital asset space.
A bright future for blockchain and digital assets
The achievement of ISO 22301 certification marks a key step in Qredo's journey to provide industry-leading digital asset self-custody services.
We remain determined to stay ahead of the curve in terms of technology, security, and operational excellence.
We're excited at Qredo to continue exploring the vast potential of Web3, DeFi, and the broader digital asset ecosystem, all while ensuring that our stakeholders can rely on our steadfast commitment to business continuity and resilience.
With the ISO 22301 certification under our belt, we are more confident than ever in our ability to navigate the fascinating challenges and opportunities ahead of us.