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BLAZE Becomes The First Cannabis Retail Software To Receive SOC 1 Certification
BLAZE Becomes The First Cannabis Retail Software To Receive SOC 1 Certification
Cannabis software company BLAZE Solutions, Inc. validated its data performance and implementation and gained SOC 1 Certification.
"Based on our research, it does not appear that any of our direct competitors in CannaTech have successfully completed a SOC 1 audit," stated Kai Kirk, COO of BLAZE. "This SOC audit is rigorous and you must show clear evidence that your product is working as designed. That means controls that confirm topics such as data validity, taxes applications are correct, discounts are working as expected, and compliance data is sent and properly reported on."
SOC 1 Certification centers on software's practical application and function of data. This differs from SOC 2, which is focused on security, processes and recoverability. The SOC 1 audit team, consisting of certified public accountants, evaluates BLAZE software, how data is entered, stored, transformed and reported. It also assesses the fidelity of the compliance integrations such as Metrc and BioTrack(NASDAQ:FORA).
With the addition of SOC 2 Type 1 Certification announced in July, BLAZE achieved both SOC 1 Certification and SOC 2 Type 1 Certification. This dual certification is critical to MSOs and publicly traded companies, allowing them to streamline auditing processes and show data fidelity. BLAZE began the process of achieving SOC 1 Certification by forming a strike team to complete the audit and confirm that the underlying infrastructure and software met SOC 1 standards. BLAZE customers will benefit from third-party validation that their data is handled accurately.
"BLAZE retailers can rest easy knowing that their data and their customer's data are secure and the systems are handling data properly and are regularly audited," continued Kirk. "As we see the cannabis space mature, many retailers will go through acquisitions, potentially with companies that demand high levels of security and compliance due to their investment structures. Running BLAZE can give them peace of mind that they will not have to swap out their retail solution due to non-compliance and can continue moving fast in this ever-changing market."
BLAZE' partnerships seem to have been strategically wise, considering that Metrc recently signed its 23rd government contract, and BioTrack completed launch in New Mexico in April. Having integrations with the track and trace providers, coupled with partnership with Bespoke Financial, and now SOC certificates, should position them very well in the space.
Photo: Courtesy of BLAZESolutions, Inc.
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Cannabis software company BLAZE Solutions, Inc. validated its data performance and implementation and gained SOC 1 Certification.
大麻软件公司烈焰解决方案公司 已验证其数据性能和实施情况并获得了SoC 1认证.
"Based on our research, it does not appear that any of our direct competitors in CannaTech have successfully completed a SOC 1 audit," stated Kai Kirk, COO of BLAZE. "This SOC audit is rigorous and you must show clear evidence that your product is working as designed. That means controls that confirm topics such as data validity, taxes applications are correct, discounts are working as expected, and compliance data is sent and properly reported on."
“根据我们的研究,我们在CannaTech的任何直接竞争对手似乎都没有成功完成SOC 1审计,“声明凯柯克,Blaze的首席运营官。这种SOC审计是严格的,您必须提供明确的证据,证明您的产品正在按设计工作。这意味着需要进行控制,以确认数据有效性、纳税申请是否正确、折扣是否按预期运行,以及合规数据是否已发送并正确报告。
SOC 1 Certification centers on software's practical application and function of data. This differs from SOC 2, which is focused on security, processes and recoverability. The SOC 1 audit team, consisting of certified public accountants, evaluates BLAZE software, how data is entered, stored, transformed and reported. It also assesses the fidelity of the compliance integrations such as Metrc and BioTrack(NASDAQ:FORA).
SOC 1认证的核心是软件的实际应用和数据的功能。这与SOC 2不同,SOC 2侧重于安全性、流程和可恢复性。由注册会计师组成的SOC 1审计团队评估Blaze软件,以及数据如何输入、存储、转换和报告。它还评估遵从性集成的保真度,例如公制和BioTrack(纳斯达克:论坛)。
With the addition of SOC 2 Type 1 Certification announced in July, BLAZE achieved both SOC 1 Certification and SOC 2 Type 1 Certification. This dual certification is critical to MSOs and publicly traded companies, allowing them to streamline auditing processes and show data fidelity. BLAZE began the process of achieving SOC 1 Certification by forming a strike team to complete the audit and confirm that the underlying infrastructure and software met SOC 1 standards. BLAZE customers will benefit from third-party validation that their data is handled accurately.
随着7月份宣布的SOC 2类型1认证的增加,闪耀成就dSOC 1认证和SOC 2类型1认证。这种双重认证对MSO和上市公司至关重要,使它们能够简化审计流程并显示数据保真度。Blaze成立了一个突击小组来完成审核并确认底层基础设施和软件符合SOC 1标准,从而开始了获得SOC 1认证的过程。Blaze客户将受益于他们的数据得到准确处理的第三方验证。
"BLAZE retailers can rest easy knowing that their data and their customer's data are secure and the systems are handling data properly and are regularly audited," continued Kirk. "As we see the cannabis space mature, many retailers will go through acquisitions, potentially with companies that demand high levels of security and compliance due to their investment structures. Running BLAZE can give them peace of mind that they will not have to swap out their retail solution due to non-compliance and can continue moving fast in this ever-changing market."
柯克继续说道:“Blaze零售商知道他们的数据和客户的数据是安全的,系统正在正确地处理数据并定期进行审计,他们可以高枕无忧。”随着我们看到大麻领域的成熟,许多零售商将通过收购,可能是与由于其投资结构而要求高水平安全和合规的公司。Running Blaze可以让他们放心,他们不必因为违规而更换他们的零售解决方案,并可以在这个不断变化的市场中继续快速发展。
BLAZE' partnerships seem to have been strategically wise, considering that Metrc recently signed its 23rd government contract, and BioTrack completed launch in New Mexico in April. Having integrations with the track and trace providers, coupled with partnership with Bespoke Financial, and now SOC certificates, should position them very well in the space.
考虑到Metrc最近签署了第23份政府合同,BioTrack于4月份在新墨西哥州完成发布,Blaze的合作伙伴关系似乎是战略上的明智之举。与跟踪和跟踪提供商的集成,再加上与Bespoke Financial的合作伙伴关系,以及现在的SOC证书,应该会使它们在该领域处于非常有利的地位。
Photo: Courtesy of BLAZESolutions, Inc.
图片:由Blaze提供解决方案公司
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
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