Roadmap For BlockChain Standards

A Standards Australia report

This report provides a summary of the Roadmap for Blockchain Standards (Roadmap). The Roadmap is designed to: identify the various technical issues associated with developing, governing and utilising blockchains and Distributed Ledger Technologies (DLT); identify blockchain and DLT use-cases relevant to Australia; and prioritise the order of standards development activities that could be undertaken in the development of blockchain standards by ISO/TC 307 Blockchain and electronic distributed ledger technologies.

Standards Australia facilitated the development of a Roadmap for Blockchain Standards between November 2016 and February 2017. The work represents a key component of Standards Australia’s role in supporting the development of a collective Australian position on blockchain standards priorities and contributing to the establishment of industry, consumer and market confidence in the use and application of blockchain technologies.

Over the course of a number of years there has been growing use and application of blockchain technologies across a number of sectors of the Australian economy and globally. This includes in the financial services sector, government services and supply chain management. Whilst this technological developments and use-rates have increased, confidence in the technology is also gradually growing. The development of International Standards to support privacy, security, identity, smart contract, governance and other matters related to blockchain technology may contribute to further establishing market confidence in the use and application of the technology.

The report was produced as a result of a series of consultations held in 2016 and 2017 which enabled industry, consumer, academic and government stakeholders to identify and priorities the relevant international standards that may be required to support the broad use and application of blockchain and DLT.

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