Open Access
REVIEW
International Standardization of Blockchain and Distributed Ledger Technology: Overlaps, Gaps and Challenges
Xiangjuan Jia1, Jing Xu1, Mengwei Han1, Qing Zhang1, Lu Zhang1, Xiaofeng Chen1,2,*
1
Department of Standardization and Research Project Management, Hangzhou Qulian Technology Co., Ltd., Hangzhou, 310000,
China
2
State Key Laboratory of Blockchain and Data Security, Zhejiang University, Hangzhou, 310000, China
* Corresponding Author: Xiaofeng Chen. Email:
(This article belongs to the Special Issue: Emerging Trends on Blockchain: Architecture and Dapp Ecosystem)
Computer Modeling in Engineering & Sciences 2023, 137(2), 1491-1523. https://doi.org/10.32604/cmes.2023.026357
Received 31 August 2022; Accepted 05 January 2023; Issue published 26 June 2023
Abstract
As one of the most concerned digital technologies in recent years, blockchain and distributed ledger technology
are an important driving force for a new round of technological development. It is currently in the process of
accelerating its evolution and maturity, and has gradually integrated with other digital technologies. It has been
applied in many industries, providing decentralized solutions for various industries, realizing innovative storage
models, and building a new trust system. As blockchain technology is officially incorporated into China’s new
information infrastructure category, the application fields of blockchain have expanded rapidly, gradually extending
from the financial field and government affairs to other fields in the real economy. At the same time, with the
continuous development of the globalized economy, blockchain technology will also have a profound impact
on international technological and economic development. Therefore, for the healthy and orderly development
and real implementation of the blockchain industry, standardize the application of blockchain, effectively break
through the cognitive and technical barriers between different countries, industries and systems on a global scale,
prevent application risks, the development of the global blockchain industry needs standardization basis, which is
particularly important and urgent. A sound standard system is an important key to the successful development of
technology, and formulating the right standard at the right time for technology development helps ensure the ease
of use and interoperability of the technology. From the perspective of international standardization, this article first
introduces the general situation of ISO, ITU-T, IEEE, W3C and other international standardization organizations,
and sorts out the status quo of the blockchain standardization working groups of mainstream international
standardization organizations. All blockchain-related standards under development have been analyzed for the
characteristics of international blockchain technology standards and industry application standards. Through data
analysis, the overlaps, differences and conflicts in the field of international blockchain standard formulation are
sorted out, and suggestions for blockchain standardization work in the application and development of blockchain
technology standardization by international organizations and industries are put forward. The plans and layouts
of future international standards are summarized to help the development of the international standardization of
blockchain.
Keywords
Cite This Article
APA Style
Jia, X., Xu, J., Han, M., Zhang, Q., Zhang, L. et al. (2023). International standardization of blockchain and distributed ledger technology: overlaps, gaps and challenges. Computer Modeling in Engineering & Sciences, 137(2), 1491-1523. https://doi.org/10.32604/cmes.2023.026357
Vancouver Style
Jia X, Xu J, Han M, Zhang Q, Zhang L, Chen X. International standardization of blockchain and distributed ledger technology: overlaps, gaps and challenges. Comput Model Eng Sci. 2023;137(2):1491-1523 https://doi.org/10.32604/cmes.2023.026357
IEEE Style
X. Jia, J. Xu, M. Han, Q. Zhang, L. Zhang, and X. Chen "International Standardization of Blockchain and Distributed Ledger Technology: Overlaps, Gaps and Challenges," Comput. Model. Eng. Sci., vol. 137, no. 2, pp. 1491-1523. 2023. https://doi.org/10.32604/cmes.2023.026357