A new international standard titled 'Blockchain and Distributed Ledger Technologies - Technical Framework and Functional Requirements for BaaS' led by China, has been approved as a new standardization project by the International Organization for Standardization (ISO), as reported by Chinese media on the 3rd.
Germany, the United Kingdom, Ireland, Japan, Portugal, and Uganda are among the countries scheduled to participate in the drafting.
BaaS (Blockchain as a Service) involves the provision of blockchain infrastructure on a cloud...