VeritasChain Standards Organization
Last Updated
November 23, 2025
Establishing Trust in Algorithmic Trading Through Transparency and Accountability
VeritasChain Standards Organization (VSO) was established to promote transparency, fairness, and security in algorithmic trading across global financial markets, guided by our mission: "Encoding Trust in the Algorithmic Age."
At the core of our work is the development, maintenance, and promotion of the VeritasChain Protocol (VCP) standard. To fulfill this critical role, VSO's operations must be rooted in independence, neutrality, and transparency. This statement clarifies our commitment to these fundamental principles and outlines important policies regarding VSO certification.
VSO operates as a neutral, international standards organization, completely independent of any specific commercial interests or political influences.
VSO does not work for the benefit of any specific technology vendor, financial institution, trading platform, or national interest. VCP specifications are never designed to favor particular products or services (eliminating vendor lock-in), prioritizing the interests of all market participants and the health of the financial ecosystem as a whole.
VSO's governance structure and technical committees are composed of financial industry practitioners, regulatory compliance experts, academic researchers, and independent technical specialists. Decision-making processes are transparent and based on consensus that is open to all stakeholders.
VSO conducts activities aimed at promoting long-term financial market health and innovation, rather than pursuing short-term profits.
VSO's revenue is derived from sustainable activities such as:
All revenue is reinvested in the development, maintenance, and promotion of the VCP standard.
VSO has no shareholders demanding dividends or investors expecting short-term returns. This enables decision-making from a long-term perspective without compromising technical integrity and ethical standards.
Certification Does Not Imply Endorsement
"VC-Certified" is proof of technical compliance, not a product or service recommendation.
The "VC-Certified" badge issued by VSO certifies that a system or algorithm meets the technical requirements defined in VCP Specification v1.0, including:
Certification does not guarantee or recommend the following:
VSO does not commercially recommend or promote products or services that have obtained VC-Certified badges. Users must properly understand the scope of certification and select/use products at their own responsibility.
VSO board members, technical committee members, and certification auditors are required to disclose potential conflicts of interest (employment relationships with financial institutions, stock holdings, consulting contracts, etc.) in advance and are excluded from deliberations and votes on relevant cases.
VSO does not establish direct commercial relationships (e.g., consulting, joint development, marketing partnerships) with applicant companies beyond certification program review fees.
VCP specifications, JSON Schema, reference implementations (SDKs), and conformance test tools are published as open source (Apache 2.0 or MIT License). Anyone can freely access, implement, and propose improvements.
VSO publishes annual financial reports and activity reports, transparently disclosing revenue usage, certification program statistics, and progress in standardization activities.
VSO's independence, non-profit nature, and non-endorsement principles are not mere ideals, but practical foundations for building "trust" in financial markets of the algorithmic age.
Under the name "Veritas" (truth), we commit to balancing technical rigor with ethical integrity, creating a fair and transparent environment for all market participants.
This statement is VSO's code of conduct and our pledge to all stakeholders.
Contact: info@veritaschain.org