VaaSBlock is a leading provider of blockchain credibility and verification services, founded to address the critical issue of trust in the blockchain industry. With a history of scams and fraudulent activities tarnishing the sector’s reputation, there was a clear need for a service that could help prove the legitimacy and professionalism of a blockchain organization.

VaaSBlock meets this need through the RMA™ certification, a rigorous standard that exhibits an organization’s adherence to industry best practices and high levels of integrity. By verifying and highlighting the security, professionalism, and reliability of blockchain projects, VaaSBlock helps these organizations to attract investors, partners, and users more effectively.

Our services support any entity within the blockchain ecosystem, from emerging startups to well-established firms, ensuring that credibility is not just claimed, but demonstrated and recognized.

VaaSBlock differentiates from other verification services by conducting comprehensive, annual reviews, assessing various dimensions of blockchain organizations beyond just technical details. Our RMA™ certification provides a holistic approach, ensuring a broad-based evaluation of integrity and professionalism, which goes further than the specialized focus of say a smart contract auditor.

While entities like smart contract auditors are essential for identifying code vulnerabilities, VaaSBlock enhances these technical assessments by requiring proof of audits from reputable firms and verification of implemented changes. This ensures that our certification reflects a thorough understanding of both the technical safety and the broader operational standards of the organizations we evaluate. It is important to note that as VaaSBlock and RMA covers all web3 business if an audit isn’t reauired for the product or service ofcourse this isn’t a requirement.

VaaSBlock stands apart from many verification efforts in Web3.0, which are often driven by short-term objectives and potential conflicts of interest, such as profit-driven exchange due diligence or pay-for-play journalism. We maintain an unbiased stance, committed to transparent and reliable evaluations, designed to offer a more thorough understanding of an organization’s operations and to uphold high standards of transparency and accountability throughout the year.

Our certification aims to minimize the likelihood of regulatory issues for blockchain projects by ensuring they meet high operational standards. This approach indirectly supports projects by making them less susceptible to fines or government intervention, enhancing investor confidence through adherence to stringent criteria. However, it’s important to note that while the RMA™ reduces certain risks, it doesn’t completely eliminate the possibility of regulatory challenges.

This strategy not only supports legitimate blockchain projects in distinguishing themselves but also equips them to attract investment, partnerships, and user engagement more effectively.

The RMA™ (Risk Management Authentication) badge is a certification awarded by VaaSBlock to blockchain organizations that meet stringent standards across multiple key areas of their operations. This badge signifies that an organization has undergone a comprehensive annual review, meticulously assessing the following six categories:

• Corporate Governance: Examining the corporate structure, banking history, and funding details to understand the governance framework under which the organization operates.
• Revenue Model: Analyzing the current and projected financial performance to gauge the economic viability and sustainability of the organization.
• Planning and Transparency: Reviewing daily operations, strategic planning, and crisis management protocols to ensure preparedness and clarity in operations.
• Results Delivered: Evaluating the progress speed of the organization, including partnerships with major entities and the timeliness of project delivery.
• Team Proficiency: Assessing team capabilities, awareness of gaps, and legitimacy of background to confirm they are well-equipped for present and future challenges.
• Technology and Security: Ensuring that the technical setup and security measures are robust and appropriate for the specific nature of the business.

The RMA™ certification is tailored to the nature and stage of each organization, considering factors like whether they’re a startup or a more established entity. For instance, a blockchain-based project might be required to present smart contract audits, while a marketing agency would need to demonstrate how they secure customer data and maintain password safety.

Earning the RMA™ badge distinguishes organizations in the competitive blockchain space by providing evidence to investors, partners, and users of their commitment to excellence and reliability. This certification not only boosts an organization’s credibility but also enhances stakeholder confidence, facilitating smoother operations, investments, and collaborations.

The RMA™ certification is designed to serve a wide range of organizations within the blockchain ecosystem. Eligible entities include:

• Blockchain Startups: New companies seeking to establish credibility and attract early-stage investors and partners.
• Established Blockchain Enterprises: More mature organizations looking to reinforce their market position and validate their operational integrity.
• Web3 Service Providers: Entities that offer services such as technology solutions, marketing, consulting, and more, all of whom benefit from demonstrating a high standard of professional conduct and security.
• Financial Institutions and Exchanges: These organizations can certify their blockchain-related services, ensuring they meet high security and compliance standards.
• Non-Profit Organizations: Non-profits operating within the blockchain space, aiming to show transparency and accountability to donors and stakeholders.
• Educational Institutions: Schools and universities that provide blockchain education and need to validate the quality and safety of their programs.

By catering to this diverse range of organizations, the RMA™ certification helps to elevate standards across the entire blockchain industry, ensuring that entities of all types and sizes can establish trust and achieve sustainable growth.

Verifying the authenticity of an RMA™ badge is straightforward and ensures that you are engaging with a credible and trustworthy blockchain organization. Each RMA™ badge is minted as a unique digital token that includes a specific QR code linked to detailed certification information. To verify an RMA™ badge, follow these steps:

1. Scan the QR Code: Use any standard QR code scanner to access the unique link embedded in the badge.
2. Check the Digital Wallet: The link should direct you to a VaaSBlock digital wallet that hosts the tokenized badge. Verify that the wallet address matches the one publicly listed by VaaSBlock as authentic.

   vaasblock.eth  —  0xaf5b883c2a433BB8aC6175F71698f78108528359  —  See on Opensea

   vaasblock.base.eth  —  0xaf5b883c2a433BB8aC6175F71698f78108528359  —  See on Opensea

   vaasblock.klay  —  0xaf5b883c2a433BB8aC6175F71698f78108528359  —  See on Opensea

3. Review the Badge Details: Ensure that the details on the tokenized badge match those publicly displayed by the organization and VaaSBlock. This includes the certification validation date and project name. It is important to ensure all these match with what is claimed in the orginal location where you saw the RMA™ badge.

Thanks to blockchain technology, the authenticity of the badge cannot be faked, unlike traditional industry certifications. This secure method of verification highlights the real-world utility of blockchain for ensuring the integrity and credibility of certifications. By confirming these elements, you can be assured of the badge’s legitimacy.

The RMA™ badge is tokenized to leverage the inherent benefits of blockchain technology, which provides enhanced security, transparency, and verifiability. Here are the key advantages of tokenizing the RMA™ badge:

Immutable Verification: Once an RMA™ badge is tokenized and recorded on the blockchain, it becomes immutable. This means the badge’s details cannot be altered, ensuring the integrity of the certification remains intact over time.

Ease of Verification: Stakeholders can easily verify the authenticity of a badge through the blockchain. By using a simple QR code scan, anyone can check the details of the badge against what is stored on the blockchain, ensuring it matches the claims made by the organization.

Decentralized Security: Tokenization removes the need for a central authority to verify the badges. Blockchain’s decentralized nature means that the data is spread across multiple nodes, making it nearly impossible to tamper with, thus enhancing the security of the certification.

Global Accessibility: With the badge stored on the blockchain, it can be accessed and verified from anywhere in the world. This global accessibility makes it easier for international stakeholders to trust and verify the credentials of an organization.

VaaSBlock rigorously protects organizational data during RMA audits through strict access controls, limiting exposure to a minimal number of authorized personnel. We adhere to data minimization principles, collecting only necessary information to effectively mitigate risks. Every audit is supported by a Non-Disclosure Agreement, ensuring that all confidential data is handled with discretion and used strictly within the agreed parameters.

Furthermore, VaaSBlock never publishes an audit report without prior consent from the organization, secured through an additional legal document. This policy is particularly important when a VC or an exchange requests a briefing on a project that has earned the badge and the organization agrees to share its findings. By never publishing data unilaterally, organizations can be confident that, should they fail to obtain the RMA, the details of their audit will remain confidential and unpublished.

VaaSBlock continually refines its data collection methods to enhance security and efficiency, adhering to all relevant data protection laws to exceed statutory requirements. These comprehensive measures maintain the integrity and confidentiality of client data, reinforcing our role as a trusted partner in the blockchain verification space.

VaaSBlock primarily accepts payments in USDT due to its stability and convenience. We also accept fiat currencies, with a preference for USD or AUD. Other cryptocurrencies may be accepted in certain circumstances, based on specific agreements.

If an organization does not meet the criteria for the RMA badge, this information remains confidential between VaaSBlock and the organization. No details about the audit outcomes are shared publicly. This approach ensures that organizations can engage in the RMA process without fear of reputational damage.