What is ISO/TS 23258 about?
ISO/TS 23258 discusses taxonomy and ontology for blockchain and distributed ledger technologies (DLT).
ISO/TS 23258 specifies concepts of taxonomy, the taxonomy of DLT system, the taxonomy of application domains, purposes and economy activity sections for use cases under taxonomy. ISO/TS 23258 specifies classes and attributes as well as relations between concepts under ontology.
Who is ISO/TS 23258 for?
ISO/TS 23258 on taxonomy and ontology is relevant to:
- Auditors
- Standards Development organizations
- Tool developers
- Regulators
- Architects
Why should you use ISO/TS 23258?
Taxonomy is used for defining information and data classification rules and for identifying classification items and their criteria whereas ontology shows concepts that make up the conceptual basis and the vocabulary of the technology under consideration.
Ontology creates a foundation that is a prerequisite for understanding the concepts through the definition of their mutual relations (synonyms, inclusions, dependencies, etc.).
A consistent taxonomy is a valuable resource in its own right that supports and helps to understand other relevant standards.
The information mentioned under ISO/TS 23258 provides a better understanding of taxonomy and ontology in blockchain and distributed ledger systems for efficient use of these technologies to ease work and save time.
ISO/TS 23258 assists the user in bringing efficiency in his work and thus yielding a high-quality output.
An efficient and better understanding of taxonomy and ontology can improve the blockchain and distributed ledger technologies.
