There has been a proliferation of activity around technical standardization for blockchain technology. This paper attempts to provide an overview of the landscape to: 1) map the technical standardization efforts underway; 2)identify gaps and areas of overlap; 3) identify critical next steps for the ecosystem.
This report is one component of the “Global Standards Mapping Initiative,” the first and most comprehensive effort to assess the current state of blockchain. Based on input from over 30 technical standard-setting entities, 185 jurisdictions, and nearly 400 industry groups, the reports are accessible to the public and intended to serve as a resource for the blockchain community to develop thoughtful frameworks and standards to propel the industry forward. The initiative is led by the World Economic Forum and the Global Blockchain Business Council, with core collaborators: Accenture; Digital Currency Initiative, MIT Media Lab; ESG Intelligence; Global Digital Finance (GDF); Hyperledger, The Linux Foundation; ING; the Milken Institute; SIX Digital Exchange (SDX); and other global entities.