Proposal(s) title:

New sustainability strategy for TC307 Planning & Standards with a Sustainability Focus

Blockchain area:

Governance

Identity Management

Process optimisation

Relevance area:

Blockchain and sustainability

Impact:

Positive security are often quoted as justification for the use of DLT/blockchain systems but without quantifying or fully justified reasons. It may be the case that positive security impacts are only available where diverse organisations are aiming to share the same system. Alternatively, it may be that such systems would be more secure if they applied more traditional or alternative approaches to achieve similar ends. There are a confusing range of possibilities that SME's are unlikely to be equipped to assess without a set of dependant standards to guide them. The criteria for such decisions needs examination, the approach & comparative measurement needs standards to be effective. This project links the SMEs operating in the business arena and the standards development to support their operations.

Sustainability standards often have conflicting objectives, so a specific plan to develop appropriate standards to the benefit of the EU does affect the global community.

DLT/Blockchain technology is often referred to as ‘the technology of trust’. This ISO feature on Paul's work at ISO/TC 307 and AG1 and explains the societal impacts of trust across finance, supply chains, digital trust, data provenance, Energy trading, records management, Anti-counterfeit pharma and food safety and provenance.

 

Related standards:

ISO/AWI 20435 Representing Physical Assets using Non-Fungible Tokens   ISO/PWI 24875 Secure Smart Contracts - ISO/AWI TS 23353 on Auditing guidelines 
ISO/WD TS 23516 on Interoperability Framework
ISO/WD TR 24332 on authoritative records, records systems, and records management
ISO/AWI PAS 24874 on Use of Smart Contracts in Contributing to the Sustainable Development Goals



Paul Ferris
Full Name: Paul Ferris
Title & Organisation Name: Chair at European Distributed Computing Association
Country: Greece
Standards Development Organisation: