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Comparing Blockchain Standards and Recommendations

Author

Listed:
  • Lukas König

    (Josef Ressel Centre for Blockchains and Security Management, St. Pölten University of Applied Sciences, 3100 St. Pölten, Austria)

  • Yuliia Korobeinikova

    (Josef Ressel Centre for Blockchains and Security Management, St. Pölten University of Applied Sciences, 3100 St. Pölten, Austria)

  • Simon Tjoa

    (Josef Ressel Centre for Blockchains and Security Management, St. Pölten University of Applied Sciences, 3100 St. Pölten, Austria)

  • Peter Kieseberg

    (Josef Ressel Centre for Blockchains and Security Management, St. Pölten University of Applied Sciences, 3100 St. Pölten, Austria)

Abstract

Since the introduction of Bitcoin, the term “blockchain” has attracted many start-ups and companies over the years, especially in the financial sector. However, technology is evolving faster than standardization frameworks. This left the industry in the position of having to use this emerging technology, without being backed by any international standards organization regarding for neither the technology itself, nor for a blockchain specific information security framework. In times of the General Data Protection Regulation and growing international trade conflicts, protecting information is more relevant than ever. Standardization of blockchains is an appeal to raise the development of information technologies to the next level. Therefore, this paper shall provide an overview of standardization organization’s publications about blockchains/distributed ledger technologies, a set of comparison criteria for future work and a comparison of the existing standards work itself. With that information, aligning to existing standardization efforts becomes easier, and might even present the possibility to create frameworks where there are none at the moment.

Suggested Citation

  • Lukas König & Yuliia Korobeinikova & Simon Tjoa & Peter Kieseberg, 2020. "Comparing Blockchain Standards and Recommendations," Future Internet, MDPI, vol. 12(12), pages 1-17, December.
  • Handle: RePEc:gam:jftint:v:12:y:2020:i:12:p:222-:d:457881
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    Citations

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    Cited by:

    1. Sudeep Tanwar & Akshay Parmar & Aparna Kumari & Nilesh Kumar Jadav & Wei-Chiang Hong & Ravi Sharma, 2022. "Blockchain Adoption to Secure the Food Industry: Opportunities and Challenges," Sustainability, MDPI, vol. 14(12), pages 1-25, June.
    2. Weizhi Meng & Thanassis Giannetsos & Christian D. Jensen, 2022. "Information and Future Internet Security, Trust and Privacy," Future Internet, MDPI, vol. 14(12), pages 1-2, December.

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