COSO to Issue Guidance on Blockchain

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An influential organization that advises industry on risk management practices plans to issue guidance next year for companies looking to apply internal controls to blockchain technology.


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darrin zammit lupi/Reuters

An influential organization that advises industry on risk management practices plans to issue guidance next year for companies looking to apply internal controls to blockchain technology.

The Committee of Sponsoring Organizations of the Treadway Commission, or COSO, is developing voluntary guidance for companies to strengthen their oversight of blockchain-technology projects. The guidance is expected to be released in the first quarter of 2020.

Paul Sobel, chairman of the Committee of Sponsoring Organizations of the Treadway Commission, which advises industry on risk management practices.


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Committee of Sponsoring Organizations of the…

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