The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has set their eyes on blockchain implementation for businesses. They are in plans to start guidance for companies to inculcate blockchain knowledge and in turn develop the technology.
“The guidance is aimed at executives in financial services & companies using blockchain technology in their supply chains,” said COSO’s chairperson Paul Sobel. “I want to make sure that we’ve got that properly controlled because it is a very different view of the world when you have distributed ledgers.” he continued. The guidance is expected to release in the 2020 first quarter.