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Home»Blockchain»Validation Cloud launches Staking-as-a-Service platform for institutions
Blockchain

Validation Cloud launches Staking-as-a-Service platform for institutions

2023-11-05No Comments2 Mins Read
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Validation Cloud’s new institutional staking-as-a-service platform allows large investors to enjoy on-demand deployment, smart contract reward automation, and SOC2 security on top of Ethereum (ETH), the most popular blockchain for staking .

Validation Cloud launches ETH staking-as-a-service module for enterprises

Validation Cloud, a next-generation blockchain infrastructure service, launches its staking-as-a-service product for institutions. Its customers can effortlessly stake ETH to receive periodic rewards for their contributions to network integrity.

Validation Cloud, the fastest global node provider, has launched its Staking-as-a-Service platform! 🚀

We unlock limitless possibilities and bring smart, contract-based compensation management to the world’s largest staking market! Bet with us: https://t.co/S4PBNXklny

— Validation Cloud (@ValidationCloud) November 3, 2023

The company’s technology sets new industry standards, dramatically improving the speed, cost, and reliability of Ethereum validators through UI and API-based implementations, automatic reward management, and SOC2 compliance.

From a product design perspective, Validation Cloud has made staking ETH seamless and operationally identical to staking other digital assets. The platform allows institutions to deploy validators in bulk, in real-time, in dedicated environments, while further simplifying rewards management with on-chain smart contracts.

Andrew McFarlane, CTO of Validation Cloud, emphasizes that the launch of the Ethereum (ETH) staking-as-a-service module offers many opportunities for investors and ETH holders:

Our full-featured staking platform is designed to meet institutional requirements: one-click deployment, easy management, and robust security.

Thanks to the integration of smart contracts, the process of Ethereum (ETH) staking with Validation Cloud becomes transparent and censorship-resistant.

Set new security and performance benchmarks

Alex Nwaka, Validation Cloud CSO, is excited about the volume of potential target markets his product can access with the new offering:

Our platform is purpose-built to onboard institutional assets. The world’s largest asset managers are rapidly entering Web3, and Validation Cloud envisions a near future with more than a trillion dollars in deployed assets.

In addition to its innovations in validator deployment and rewards management, Validation Cloud has established its enterprise-level compliance credentials by achieving SOC2 compliance. As such, the company sets the industry standard for compliance and security with its staking, node and data platform.

See also  Core Foundation Launches Developer-Focused 'Core Commit Program' with Funding and Mentorship

As previously reported by U.Today, Validation Cloud is one of the first products in the Web3 segment to successfully complete the SOC2 security audit.

Source link

Cloud institutions Launches Platform StakingasaService Validation
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