Current Standardisation Activities Blockchain and Distributed Ledger Technologies

Current Standardisation Activities – Blockchain and Distributed Ledger Technologies Many and many SDOs Single App • Formal and less formal consortia based • Bitcoin • Ethereum Platforms • Hyperledger Open Source • W 3 C – Blockchain Community Group • OASIS - ISITC Europe • International • ITU-T held a Blockchain Workshop at the end of March 2017 in Geneva, Switzerland • ISO created a new technical committee ISO/TC 307 and held its inaugural meeting early 3 rd – 5 th April in Sydney, Australia Andreas Fuchsberger <A. Fuchsberger@microsoft. com>

ISO/TC 307 – Blockchain and Distributed Ledger Technologies • Agreed a name and scope • Chairman: Craig Dunn (AU) • Secretary: Jo-Ellen Courtney (AU), Standards Australia • Attended by • 17 National Bodies, 74 Participants AU 17, GB 9, JP 7, KR 6, CN 5, US 4, DE 4, RU 4, DK 3, MY 3, CA 4, FR 2, FI 2, HK 2, AT 1, IE 1, SG 1 • 4 Liaison SWIFT, European Commission, JTC 1/SC 38 • WG on Terminology, subject to NWIP by GB • SG on Reference Architecture, Taxonomy and Ontology led by US • SG on Use cases led by JP • SG on Security and privacy led by RU • SG on Identity led by KR • SG on Smart Contracts led by DE • Governance and Interoperability postponed

Principles of Blockchain and DLT Standardisation Blockchain and distributed ledger technologies platforms should be able to support a broad set of applications across many domains. Standards and policies should enable this and the platform and technologies should not be dominated by single application and regulatory domains. All forms of blockchain and DLT and related platforms should be recognized equally in standardization, policy and regulation. Blockchain and distributed ledger technologies should be regarded the same as other platform technologies from a legal and liability perspective. Andreas Fuchsberger <A. Fuchsberger@microsoft. com>