On September 1st, it was reported that Blockdaemon joined the release of the industry's "first" Ethereum (ETH) Node Operator Risk Standard (NORS) certification, establishing a new benchmark for operational security and risk management for Ethereum node operators. In addition, Blockdaemon has now joined the NORS development working group, which "collaborates in the development, iteration and maintenance of the standard to maintain its relevance and accuracy". It is reported that the NORS certification simplifies the "due diligence process for banks and large institutions on Ethereum pledges".