Roadmap For Blockchain Standards
This report explains the methodology and process used by Standards Australia to develop a Roadmap for Blockchain Standards. It highlights the critical role Australia will have in leading international efforts to develop blockchain standards under ISO/TC 307 Blockchain and electronic distributed ledger technologies.
Blockchain & Electronic Distributed Ledger Technologies
The report states that proposed international standards for blockchain will focus on technical solutions that promote interoperability, and compatibility between existing systems, âThis will allow the technology to be more widely used and deployed, â states the paper.
Proposal for a new field of technical activity
Standardisation of blockchains and distributed ledger technologies to support interoperability and data interchange among users, applications and systems.
Standards: Collaboration or Cartel
I had a lovely conversation with a group of investment bankers last night about technology transformation in capital markets. During the opening, a consistent theme cropped up: standards, interoperability, collaboration and cooperation … or lack of it. It is interesting that, in the buy and sell side world, few standards have worked except for FIX Protocol in the front office. SWIFT has tried to create standards in post-trade settlement for years and struggled, but at least SWIFT has managed to crack some of that nut. MiFID and Dodd-Frank have also started a regulatory resolution to standards inconsistencies, and therefore by law can force the markets to create efficiency. Or can they?
Bitcoin standards addressed by four major organizations
ISO, W3C, Unicode, and IANA are four standards authorities that can help bitcoin grow, become more accepted, and useful worldwide. Bitcoin was recently addressed by the last of the four, ensuring that Bitcoin is accessible in a standard way, on every platform and medium it can be.
CryptoCurrency Security Standard to Define Bitcoin Best Practices
An industry group of developers, researchers and security professionals have come up with a set of proposed best practices for Bitcoin and cryptocurrency businesses.
