Distributed ledger technology (DLT) refers the processes and related technologies that enable nodes in a network to securely propose, validate and record state changes (or updates) to a synchronised ledger that is distributed across the network’s nodes.
The ITU-T Focus Group on Application of Distributed Ledger Technology (FG DLT) was established in May 2017
- to identify and analyse DLT-based applications and services;
- to draw up best practices and guidance which support the implementation of those applications and services on a global scale; and
- to propose a way forward for related standardization work in ITU-T Study Groups.
FG DLT will develop a standardization roadmap for interoperable DLT-based services, taking into consideration the activities underway in ITU, other standards developing organizations, forums and groups.
Participation in FG DLT is
open to any interested party—join the mailing list today for updates!