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The opening of the plenary session of the International Technical Committee for Standardization ISO TC 307, hosted by the Cyprus Organization for Standardization (CYS) at the University of Nicosia with the support of the Technology Centre ''Institute of the Future'', was successfully held.
More than 30 countries, through their national representatives, participate in the International Standardization Committee ISO TC 307, participating both in the plenary session and in the working groups during the current week. Cyprus is represented by the National Representative Ms. Christiana Aristideou, a lawyer specializing in Blockchain technology issues.
During the plenary session, issues of liaison between ISO TC 307 and the International Standardization Committee ISO TC68 ''Financial Services'' were raised, since several issues of Blockchain technology are related to the financial sector and financial transactions.
During the plenary session, issues of cooperation (liaison) between ISO TC 307 and the International Standardization Committee ISO TC68 ''Financial Services'' were raised, since several issues of Blockchain technology are related to the financial sector and financial transactions.
In addition, references were made to the development of standards, which will support electronic wallets ''digital wallets'', which European countries consider of utmost importance, as it has been defined by the European legislation ''Eidas Regulation (EU) No 910/2014''.
The opening of the session was concluded with the presentation of WG 6, which studies possible scenarios for the application of blockchain technology in various sectors of industry.
The whole week hosts events dedicated to Blockchain technology on the occasion of the presence in Cyprus of the cream of scientists and researchers from all over the world. The events have been put under the auspices of the Ministry of Research, Innovation and Digital Policy.
(AF/SX)
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