Aon Teams Up with Industry Leaders to Launch New Benchmark for Ethereum
August 29, 2024
150 words…less than a minute read
One big thing: Aon joined forces with industry leaders to launch the Node Operator Risk Standards (NORS) certification, setting a new benchmark for operational security and risk management in the Ethereum ecosystem.
- The NORS certification means financial institutions can rely on a trusted, third-party verified standard for Ethereum, thereby simplifying due diligence process.
- Glenn Morgan, Digital Assets Practice Leader for Aon, said: "NORS is a critical step towards broader institutional adoption of proof of stake networks. Not only will these standards be important for banks and financial institutions who are interested in staking Ethereum, but also for insurers and regulators who want to see evidence of robust risk management frameworks to support the healthy growth of this technology. This certification can help ensure that risks are managed effectively, safeguarding consumers and businesses from potential losses and contributing to a more secure and trustworthy Ethereum ecosystem."
- Read the press release here.
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