What is ISO/TR 23455 - Blockchain and distributed ledger technologies about?
ISO/TR 23455 provides an overview of smart contracts in BC/DLT systems describing what smart contracts are and how they work. ISO/TR 23455 discusses methods of interaction between multiple smart contracts.
ISO/TR 23455 focuses on technical aspects of smart contracts. Smart contracts for legally binding use and applications will only be briefly mentioned in ISO/TR 23455.
Who is ISO/TR 23455 - Blockchain and distributed ledger technologies for?
ISO/TR 23455 on blockchain and distributed ledger technologies is useful for:
- Ledger technology companies
- Crypto companies
- Blockchain technology companies
Why should you use ISO/TR 23455 - Blockchain and distributed ledger technologies?
Smart contracts, a synonym for automated applications on blockchain and distributed ledger technology-based (BC/DLT) systems, are an important development step from early stage, purely transaction-oriented blockchains to more interactive technologies where the transactions on the blockchain or distributed ledger technology system are conditional on the terms of that application.
ISO/TR 23455 provides guidance to the users for smooth interaction between multiple smart contracts. ISO/TR 23455 contains the technical aspects of smart contracts users.
