Orakl Network awarded RMA™ Certification from VaaSBlock

Contract – 0x89584b…89bc2048

Mint date – 12/05/2024

Token – 0x89584b…89bc2048/21

Announcements –

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Corporate Governance

The verification of fundamental governance, organizational structure, including verifying the entity’s legal registration and adherence to local laws and regulations.

Corporate
Governance

Team Proficency

Evaluation of an organization’s personnel, ensuring that crucial team members possess the expertise and dedication necessary to execute current business models and scale effectively.

Team
Proficiency

Technology & Security

Assessment of the organization’s technological framework, including blockchain integrations (where relevant), system architecture, and overall IT infrastructure.

Technology
& Security

Revenue Model

Comprehensively evaluation of a company’s income-generating strategies (how do they make or intend to make money), ensuring financial robustness and sustainability.

Revenue
Model

Results Delivered

The Results Delivered component of the RMA™ audit comprehensively evaluates an organization’s ability to achieve its goals and honor its commitments.

Results
Delivered

Planning & Transparency

The Planning and Transparency component of the RMA™ audit offers a thorough assessment of how an organization manages its workflow and prepares for unexpected challenges.

Planning &
Transparency

Seoul, South Korea – December 6, 2024 – Orakl Network, a decentralized oracle service provider, has been awarded the esteemed RMA™ (Risk Management Authentication) certification by VaaSBlock. This recognition underscores Orakl Network’s commitment to excellence in governance, transparency, and security within the blockchain industry.

Orakl Network offers a suite of services, including Data Feeds, Verifiable Randomness Function (VRF), Request-Response, and Proof of Reserve, tailored for decentralized applications (DApps) in the blockchain ecosystem. Their solutions enable smart contracts to securely access off-chain data, ensuring reliability and trustworthiness in decentralized finance (DeFi) operations.

Ben Rogers, CEO of VaaSBlock, commented: “We are delighted to welcome Orakl Network into the RMA™ network. Their dedication to delivering reliable oracle solutions aligns perfectly with our mission to enhance security and trust in the blockchain ecosystem. This certification marks the beginning of a promising collaboration.”

In the coming weeks, Orakl Network’s data will be integrated into VaaSBlock’s new platform for verifying projects. As one of VaaSBlock’s early data partners, Orakl Network’s professionalism has been instrumental in this initiative, and its inclusion is expected to enhance the platform’s capabilities in providing comprehensive verification solutions.

For more information about Orakl Network’s services, visit Orakl Network’s Website.

About Orakl Network:

Orakl Network is a decentralized oracle service provider offering Data Feeds, Verifiable Randomness Function (VRF), Request-Response, and Proof of Reserve services for decentralized applications (DApps) in the blockchain ecosystem. Their mission is to enable secure and reliable access to off-chain data for smart contracts, fostering trust and transparency in decentralized finance.

About Vaasblock:

VaaSBlock is a leading provider of blockchain security and compliance solutions, offering the RMA™ certification to organizations that meet rigorous standards of risk management and authentication. Their mission is to promote security and trust within the blockchain industry. To learn more about the RMA™ badge and its impact on the Web3 space, visit vaasblock.com.

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