DLT security standards may turn legacy industries into blockchain innovators
Member-led working groups are helping define security standards for tokenized use cases. Tokenization has given rise to the “Internet of Value,” an era in which financial assets — or any assets with underlying value — can be easily transferred peer-to-peer over the internet. While revolutionary, tokenization has largely remained a concept embedded strictly within the cryptocurrency space. Yet as the need for digitized processes continues to impact multiple sectors, tokenization could become a game changer for global digitalization.In order to drive mainstream adoption, the InterWork....
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Creating international blockchain standards will not be an easy feat. Australia is poised to lead the international discussions, as they will act as secretariat of a technical committee. The country has proposed this committee to the International Organization for Standardizations, which approved the idea. But what does all of this even mean for blockchain and cryptocurrency enthusiasts? Global Blockchain Standards Are Coming. Standards Australia is the group that will lead the charge for establishing international blockchain standards. Dr. Bronwyn Evans, CEO of Standards Australia,....
Eris Industries and Ledger have partnered together to provide fast, secure and easy to use blockchain solution to the clients. Ledger, the bitcoin security company known for its hardware wallet is collaborating with Eris Industries. A recent release by Eris Industries announces that the company has chosen Ledger to be its blockchain hardware security partner. Ledger is a young French startup which opened its doors in the month of January last year. The company has achieved a great deal in a short span of time. The well-known Ledger smart card bitcoin hardware wallet is just a part of what....
Let's start by stating the obvious – Warnings about the need for blockchain standards are premature and alarmist. It's too early to claim that a lack of standards is hurting blockchain technology adoption, or to call for standards bodies like the International Standards Organization (ISO) to get involved and define what they should be. (Though, there are already groups doing this). The topic of blockchain standards is complicated, and it extends beyond just seeing it as an interoperability challenge. This is because blockchain standards can be divided into three interrelated vectors,....
According to recent reports, Eris Industries, the provider of one of the world’s most popular enterprise blockchain platforms, has selected Ledger as their security partner. This partnership is meant to not only improve the security of critical workflows of the platform but also to protect its blockchain-based infrastructure from all sorts of attacks. For those who are not yet aware, both companies are important players on the blockchain market. Ledger, best known for their smartcard-based hardware wallet, is also one of the technological leaders in the blockchain security industry. The....
Australia’s standards authority, Standards Australia, has asked the International Standards Organisation, commonly known as ISO, to commence work on setting global standards for blockchain technologies. Geneva-based ISO, the international standard-setting body that is widely recognized as the foremost global standards authority is being called by its Australian member to set up global standards for blockchain, the technology that underpins Bitcoin. Standards Australia is one of over 160 national standards organizations that the ISO recognizes as members and representatives from around the....