🚀 IEEE P3220.02 Working Group Advances Decentralized Data Standards
#IEEE #P3220 #DecentralizedData #DataStandards #PrivacyPolicy #DataManagement #DecentralizedStorage #CESS #IndustryStandard #ScalableSolutions
According to Foresight News, the IEEE P3220.02 working group, led by the decentralized data infrastructure CESS Network, successfully convened its meeting. The group finalized the privacy policy, ensuring compliance within the standard and its development process. They also advanced the framework for decentralized data solutions, focusing on scalable and secure data management, laying a solid foundation for the standardization of decentralized storage.
Proposed and led by CESS, IEEE P3220.02 is the first industry standard for decentralized storage protocols, aiming to standardize and promote the global application of decentralized storage technology. The working group comprises experts and representatives from various sectors, including State Grid, China Southern Power Grid, Tsinghua University, China Aviation Information, Inspur Information, FunChain, Hong Kong Polytechnic University, and IoTeX. Joseph Li, co-founder of CESS, serves as the chairman of this working group.#IEEE #P3220 #DecentralizedData #DataStandards #PrivacyPolicy #DataManagement #DecentralizedStorage #CESS #IndustryStandard #ScalableSolutions
🚀 SEC and CFTC to Host Joint Roundtable on Regulatory Coordination
#SEC #CFTC #RegulatoryCoordination #UnificationOfProductAndVenueDefinitions #DataStandards #InnovationExemptions #FinancialRegulation #Roundtable #JointRoundtable
According to Foresight News, the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have announced a joint roundtable meeting scheduled for September 29. The meeting aims to discuss topics such as regulatory coordination, the unification of product and venue definitions, simplification of data standards, and innovation exemptions.
The event will be open to the public and will be streamed live on the SEC's official website. This initiative reflects the agencies' efforts to enhance collaboration and streamline regulatory processes in the financial sector.#SEC #CFTC #RegulatoryCoordination #UnificationOfProductAndVenueDefinitions #DataStandards #InnovationExemptions #FinancialRegulation #Roundtable #JointRoundtable
🚀 DTCC Emphasizes Interoperability in Tokenized Securities Vision
#DTCC #tokenizedsecurities #interoperability #digitalassets #blockchain #financialtechnology #riskmanagement #datastandards
According to PANews, financial firm DTCC has reiterated its vision for tokenized securities, emphasizing the importance of interoperability. Nadine Chakar, DTCC's Global Head of Digital Assets, stated that while the company remains open-minded in refining its tokenized securities issuance plan, risk management and data standards remain crucial. DTCC values interoperability and aims to ensure that digital assets can flow seamlessly across different blockchains without being hindered by technological limitations.#DTCC #tokenizedsecurities #interoperability #digitalassets #blockchain #financialtechnology #riskmanagement #datastandards