RAND Report: Timing Essential for Blockchain Standards

The European wing of the RAND Corporation, a US think tank, has argued for a slow-and-steady process for developing possible standards around blockchain.

In a new report published on October 18 and prepared for the British Standards Institution (BSI) – the world’s first group of its kind and the official standards body for the United Kingdom – the think tank identified several areas that could be the target for standards developers. In RAND’s view, the potential opportunities that blockchain offers are “vast” despite the “many challenges to contend with.” […]

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