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LONDON, 28th October, 2024 - Finboot, a leader in blockchain-powered green supply chain management solutions, proudly announces its achievement of SOC 2 Type 2 compliance, underscoring our unwavering commitment to data security and regulatory compliance.
Finboot specializes in enhancing transparency, traceability, and efficiency across industries such as energy, chemicals, mining, and aviation. Our innovative blockchain applications empower organizations to achieve net-zero goals while optimizing operations. Finboot's technology traces carbon emissions and minimizes sustainability risk through immutable data.
The SOC 2 Type 2 assessment rigorously evaluates controls pertaining to security, availability, processing integrity, confidentiality, and privacy. Finboot partnered with Vanta to help us automate some of our process to reduce the unknowns and the time required to collect evidence. This SOC 2 attestation provides our clients and stakeholders with assurance regarding the security and integrity of Finboot's systems and processes, particularly in handling sensitive customer data. This level of integrity and security is crucial for Finboot, given the critical nature of raw material sourcing, production, and commercialization processes our customers trace with our Green Supply Chain solutions.
Angel Pateiro, Co-Founder and CTO of Finboot, who spearheaded the company's compliance efforts, states: "Achieving SOC 2 Type 2 compliance is a significant milestone for Finboot. It validates our robust security practices and demonstrates our commitment to protecting our clients' data. In the blockchain and green supply chain space, where data integrity is paramount, this attestation reinforces our position as a trusted partner. It assures our clients, particularly those in highly regulated industries, that their sensitive information is handled with the utmost care and in compliance with the highest industry standards. This achievement not only enhances our credibility but also aligns perfectly with our mission to provide transparent, secure, and efficient solutions for sustainable supply chains."
Key Benefits of SOC 2 Type 2 Compliance:
Alvaro Llobet, Head of Product of Finboot, highlights: "We extend our gratitude to Insight Assurance for their diligent evaluation and validation of our compliance efforts, ensuring that we uphold the highest standards of security and accountability. Through their expertise and impartial assessment and auditing process, we've demonstrated our adherence to the stringent requirements outlined by the SOC 2 Type 2, reinforcing our dedication to safeguarding sensitive data and maintaining operational resilience."
As we celebrate this achievement, we reaffirm our commitment to transparency, integrity, and continuous improvement in all aspects of our operations, ensuring the ongoing protection of our stakeholders' data and interests.
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NOTES FOR EDITORS
ABOUT FINBOOT
Finboot’s technology provides green supply chain management for the world's largest capital-intensive companies. Our technology traces carbon emissions and minimises risk through immutable data. Finboot is backed by SABIC and Repsol. Finboot has created the first green supply chain management suite with features including integrated traceability, allowing you to track carbon emissions, automate digital product passports, create your sustainability credits, and facilitate compliance. Finboot is headquartered in Cardiff with a base in Barcelona.
Finboot is a leading provider of blockchain technology solutions, specializing in enhancing transparency, traceability, and efficiency across various industries. With a focus on sustainability and innovation, Finboot empowers organizations to achieve net-zero goals while optimizing their operations through cutting-edge blockchain applications.
For more information about Finboot's compliance solutions or to explore collaboration opportunities, please visit www.finboot.com or contact info@finboot.com.
MEDIA CONTACT
Flavia Sales
Marketing Manager, Finboot
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