The general Director of Standards Australia, Adrian O’Conner, through an interview with the newspaper The Australian, said his organization asked the International Standards Organization to start working on the creation and establishment of global standards for technologies Blockchain. Indian O’Conel that there are different groups working on projects Blockchain but no concentrated effort to establish common technical requirements and standards. To do this, he believes, is necessary ISO standards and it will allow both the ability to link with other industry groups.

As Australia continues its Blockchain adoption of technology in some important sectors, the country also intends to be the first to promote the application of international standards in its territory and beyond.

ISO is a non-governmental, independent international organization with a membership of 161 national standards bodies. Through its members, bringing together experts to share knowledge and develop strategies based on consensus, voluntary and market relevant International Standards that support innovation and provide solutions to global challenges. They give the specifications of world-class products, services and systems to ensure the quality, safety and efficiency. They are essential to facilitate international trade. Its headquarters is established in Geneva, Switzerland.

Although several Australian banks have taken a tough stance against Bitcoin companies, which has closed them basic banking services, Australia is embracing Blockchain. The Australian Securities Exchange (one of the bags largest financial market in the world) is the first of its kind to adopt Blockchain in its capital market post-operations and invested in a 5% stake in Digital Asset Holdings New York .

ISO requires only five members accepted the proposal of one of them, so it is entirely plausible that the organization hosting the proposal of Australia. O’Connell added that as a technical committee was set up to start Blockchain the way to design the ISO.

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Source: iso, newsbtc, diariobitcoin

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