Standards Australia recently announced that the International Organization for Standardization (ISO) is supporting its proposal to develop a set of international standards for blockchain technology.
Standards Australia is the country's highest non-government, not-for-profit Standards organization. They cover everything from consumer products and services, construction, engineering, business, information technology, human services to energy and water utilities, the environment and much more. However, they do not enforce, regulate or certify compliance.
The organization submitted it’s proposal for ISO review last April. It’s designed to establish new international standards on blockchain technology and electronic distributed ledger technologies. The bulk of the work excludes legal obligations and regulatory matters addressed by government jurisdictions.
At the same time that Standards Australia submitted their proposal, they also released a four-page document, “Blockchain & Electronic Distributed Ledger Technologies.” The report states that proposed international standards for blockchain will focus on technical solutions that promote interoperability, and compatibility between existing systems, “This will allow the technology to be more widely used and deployed,” states the paper.
http://bravenewcoin.com/news/australia-to-lead-iso-blockchain-standards-endeavor/
