Sentences with phrase «blockchain standards»

However, this can not happen without agreement between companies and developers on blockchain standards.
Although, according to a number of participants, any long - term solutions for blockchain standards are better off emerging from the industry itself.
The role of a recently - announced blockchain standards committee, which will be a Chinese government body, is beginning to come into focus.
These international blockchain standards will allow for greater market certainty and confidence.
The Australian blockchain standards meeting will explore future implications and current standards required for blockchain technology.
Is it too early to be thinking about blockchain standards?
The Mercedes» manufacturer aims to contribute to the development of blockchain standards for financial and logistic services.
There are currently seven ISO blockchain standards under development with Australia presently leading the international efforts.
Besides developing blockchain standards BiTA carries out education for the shipping industry.
Li is also responsible for setting China's official blockchain standards under China's Ministry of Industry and Information technology.
As reported previously, the ISO appointed Australia to lead the international effort which now sees 7 ISO blockchain standards under development.
CoinDesk The European wing of the RAND Corporation, a US think tank, has argued for a slow - and - steady process for developing possible blockchain standards.
And though many in the private distributed ledger world like to tout their comparatively fast times by blockchain standards, in the world of incumbent systems for trading registered assets, these times are nonetheless glacial.
«It is a very sought - out technology today, because it really does create the foundation for the future that is coming,» said Gilbert Verdian, the head of the British delegation working on blockchain standards at the I.S.O. and the founder of the company Quant Network.
(See also: Blockchain standards deal a step towards wider adoption of the bitcoin tech)
The Enterprise Ethereum Alliance, which hopes to create an open - source blockchain standard around the technology for the business world, has...
In March this year, Standards Australia released a roadmap for the development of global blockchain standards, and in June, Australia's data innovation group Data61 conducted two comprehensive reviews of how blockchain based systems could be adopted across government and industry.
The need for a «complete blockchain standard system» domestically, China's IT ministry explains, means it is necessary to work and develop the country's own effort to introduce standards «as soon as possible.»
«Being a part of Hyperledger allows us to collaborate with a global network of experts in order to build the cross-industry blockchain standard, for customers, supply chain, digital services, financial services and financing tools,» said Kurt Schäfer, Head of Treasury at Daimler AG, according to the official statement.
This proposal aims to «position ISO as a leading contributor to develop global solutions to facilitate data movement and information flows thus enabling more efficient and timely transactions» by establishing blockchain standards.
A few consortiums have also placed blockchain standards on their working agenda, and I enumerated them in my «State of Global Blockchain Consortia» article.
Startups, standards bodies and corporations are all playing a role in the ongoing debate over blockchain standards.
BBVA was also one of the nine banks partnering with R3CEV to develop a set of common blockchain standards.
Since the ISO appointed Australia to lead international efforts, the Chinese executives will be present during the first international blockchain standards meeting for the «ISO / TC 307» group in April in Australia, chaired by Craig Dunn, director of Westpac Corporation.
According to the Australian Financial Review, top - level Chinese executives in the fintech sector are in Australia for their first international blockchain standards meeting.
The China Electronics Standardization Institute (CESI) along with the Ministry's Information and software services division will also establish a new technical committee to lead China's official blockchain standards.
The European wing of the RAND Corporation, a US think tank, has argued for a slow - and - steady process for developing possible blockchain standards.
A detailed look at the current environment for blockchain standards — as well as past precedents that may inform future steps.
Russia is not the only country sending high - powered delegations to the I.S.O. technical committee focusing on blockchain standards, which got its start last year.
They were even more surprised when they asked the F.S.B. agent why the Russians were devoting such resources to the blockchain standards.
Since September 2016, Australia has served as the leader of the blockchain standards committee in the International Organization for Standards, or ISO.
Blockchain standards will become increasingly important in the future.
Blockchain standards will be discussed during an upcoming workshop at Consensus 2016 involving Barclays chief blockchain strategist Simon Taylor and Ethereum chief scientist Vitalik Buterin.
ISITC - Europe has introduced 10 blockchain standards to help ensure the rapidly growing ecosystem of distributed ledgers work together.
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