ETSI has created an Industry Specification Group on Permissioned Distributed Ledgers (ISG PDL). The group will analyse and provide the foundations to operate permissioned distributed ledgers to be deployed across various industries and governmental institutions, allowing more use of blockchain in embedded applications.
Distributed ledgers can be either permissionless (public) or permissioned (private). While permissionless ledgers are known by the general public through popular terms such as Bitcoin, permissioned distributed ledgers are better qualified to address the more business-oriented use cases that are of interest to Industry and governmental institutions.
The founding members of the Permissioned Distributed Ledgers group include Ericsson, Huawei, Intel, Telefónica and Vodafone. The list of members is here.
The new ETSI group will work on the challenges related to the operation of permissioned distributed ledgers, business use cases, functional architecture and solutions for the operation of permissioned distributed ledgers, including interfaces/APIs/protocols and information/data models as well as other topics.
The first meeting is on 24 January 2019 at Telefónica, Madrid.