Distributed Ledger Technology Working Group

Scope

The DLT Working Group has three subgroups:

Standards – with three streams of work:

  • Creation of an “asset definition” template for completion by “Standards Authorities” to compare and contrast offerings and upcoming deliveries of those “Standards Authorities” in respect of tokenized assets. A table will be published on the authorities’ offerings on the ISSA website by September 2021
  • Working in coordination with the ISO 20022 Standards subgroup to define the “Process Standards required for Digital Asset Processing”
  • Review of ISO messaging gaps for DLT and Digital Asset Processing Models

Revision of the 2019 “Theory into Practice” Paper – including standard for publication later in the year

Central Bank Digital Currency (CBDC) and Stable Coins – The draft paper has been prepared after the Research Blocks completed and that is presently open for comment and editing for publishing in September 2021.

In addition to these focused Sub-Working Groups, the main Working Group makes presentations on DLT topics on a monthly basis to educate and inform all market participants who are members.

Working Group Co-Chairs

Urs Sauer, SIX Markets
Glen Fernandes, Euroclear

Milestones

  • Q3 2021: Asset Definition template launched
  • Q3 2021: Voice of Customer Survey bulletin published
  • Q3 2021: CBDC Paper published
  • Q4 2021: Publish revised «Theory into Practice» report

Bulletins

ISSA Article Tokenization, August 2019

Reports

  • Report “Crypto Assets: Moving from Theory to Practise – Revision 2022 (04/2022 > PDF 973 kB
  • Podcast “DLT in the Real World” SDX and regulated Blockchain (03/2022)
  • Podcast “DLT in the Real World” DTCC’s Private Market Initiative (02/2022)
  • Report “Blueprint for CBDC in Post-Trade Settlement” (12/2021) > PDF 1.8 MB
  • Podcast on “DLT – Voice of the Customer” Findings (11/2021)
  • Podcast of “DLT in the Real World Survey” Findings (11/2021)
  • “DLT In the Real World Survey” Key Findings Document (09/2021) > 285 kB
  • DLT Asset Identifiers Matrix (09/2021)
  • Report “DLT – Voice of the Customer Survey 2021” (08/2021) > PDF
  • Podcast Highlights of the ISSA & Value Exchange “DLT in the Real World Survey” (10/2020)
  • Industry Survey on “Adoption of DLT and Crypto-Assets” First Results (11/2019)
  • Report “Crypto-Assets: Moving from Theory to Practice” (11/2019) > PDF 1.2 MB
  • Report on “Tokenization – the Elegant Way Forward?” (08/2019) > PDF 321 kB
  • Report “Infrastructure for Crypto-Assets: A Review by Infrastructure Providers” (10/2018) > PDF 787 kB
  • DLT “Principles for Industry-Wide Acceptance” (06/2018) > PDF 1.2 MB
  • Report “General Meeting Proxy Voting on Distributed Ledger”, Product Requirements (11/2017) > PDF 685 kB
  • Cross-Reference Table aligning the Proxy Voting DLT solution with ISO 20 (11/2017) > PDF 395 kB
Urs Sauer DLT video

Institutions Represented by Experts in the Working Group

  • Abu Dhabi Securities Exchange
  • Accenture Plc
  • Acupay System LLC
  • Aite Novarica
  • Banque Internationale à Luxembourg
  • BNP Paribas Securities Services
  • BNY Mellon
  • BVC/DECEVAL Colombia
  • Broadridge Financial Solutions
  • Bursa Malaysia
  • Capco
  • CDS Canada/TMX
  • Citibank
  • Clearstream
  • Consensys AG
  • Credit Suisse
  • CSCS Nigeria
  • DCV Chile
  • Deutsche Bank
  • Deutsche Börse Group
  • DTCC
  • DZ Bank AG
  • Euroclear
  • FIS Global
  • Fnality International Limited
  • Global Blockchain Business Council
  • Hashstacs 
  • HSBC Securities Services
  • IHS Markit
  • Indeval Mexico
  • Intesa Sanpaolo
  • ISSA
  • JPMorgan
  • KDD (Central Securities Clearing Corporation), Slovenia
  • KSD Korea
  • Maroclear
  • Mauritius Commercial Bank
  • Monte Titoli
  • Myriad Group Technologies
  • Nasdaq Nordics
  • Nivaura Ltd
  • NSD Russia
  • NSDL India
  • R3 LLC
  • Royal Bank of Canada
  • SEB
  • SIX Securities & Exchanges
  • SLIB
  • Standard Bank
  • Standard Chartered Bank
  • State Street Bank & Trust Company
  • Strate
  • SWIFT
  • Swiss Re
  • Tata Consulting Services
  • Thailand Stock Exchange / CSD of Thailand
  • TMX
  • UBS