Security, Efficiency, Profitability and Professionalism (SEPP) is a set of industry standards established by TMGcore for the blockchain services industry. TMGcore will seek to make SEPP an industry standard for the blockchain services industry. SEPP is designed to instill confidence in customers and investors that a SEPP-certified organization has developed and implemented certain operational controls necessary to provide quality blockchain related services.
The SEPP standards encompasses a set of control objectives and grades the implementing blockchain service organization’s service offering based on the quality of their methodology for addressing that objective.
The SEPP standard encompasses 4 fundamental principles
Defines controls relating to the physical and logical security of the blockchain services environment and the supporting management, administrative and supervisory infrastructure.
Identifies the core efficiencies that the services of the blockchain services organization must obtain in order to ensure effective operations.
Defines the core requirements for the manner in which the blockchain services organization conducts business, interacts with its customers, and manages its personnel and processes.
These standards are intended to address the key concerns necessary to ensure that the customer can have a high level of confidence in the services provided by the blockchain services organization.