Jesus Rodriguez Molina
This project will specify the governance model for DAOs regarding three facets; IN CHAIN FACET: infrastructure level, where DAO membership requires an entity to only run a node of the DLT network (e.g. join a permissioned DLT network). ON CHAIN FACET: transaction and smart contract level, where DAO membership requires an entity to interact with a specific smart contract, or send specific transactions (e.g. register with a particular smart contract). OFF CHAIN FACET: non DLT system level, where DAO membership requires an entity to perform additional non-DLT activities (e.g. protect data privacy). The three facets can be used individually or as a blend in any variation for completeness as the minimum governance.This project will specify the governance model for DAOs regarding three facets; IN CHAIN FACET: infrastructure level, where DAO membership requires an entity to only run a node of the DLT network (e.g. join a permissioned DLT network). ON CHAIN FACET: transaction and smart contract level, where DAO membership requires an entity to interact with a specific smart contract, or send specific transactions (e.g. register with a particular smart contract). OFF CHAIN FACET: non DLT system level, where DAO membership requires an entity to perform additional non-DLT activities (e.g. protect data privacy). The three facets can be used individually or as a blend in any variation for completeness as the minimum governance.
Standardisation in the field of Blockchain and Distributed Ledger Technologies is imperative to promote interoperability, security, and innovation across European markets. The rapid evolution of these technologies has led to a fragmented landscape of standards globally. This fragmentation presents challenges such as hindered cross-border data flow and increased compliance burdens on European businesses. My activity aims to address these critical gaps by actively participating in the creation of comprehensive, internationally recognized standards.
My engagement in the Joint ISO/TC 307 - ISO/IEC JTC 1/SC 27 WG directly supports this action. By actively participating in WG, I am bolstering Europe's representation and influence in shaping global standards in this transformative domain.
From a European perspective, this activity is pivotal. Europe seeks to not only embrace but lead in the adoption and implementation of Blockchain and Distributed Ledger Technologies. By participating in the development of standards, we ensure that Europe's interests, values, and priorities are ingrained in the foundation of these technologies. This is paramount for bolstering Europe's digital sovereignty, fostering innovation, and ensuring that European businesses remain competitive on the global stage.
This fellowship supports my role as a convener of ISO TCC307 WG3. The priority is to organise the appropriate ballots and meetings to allow the experts to discuss and reach a consensus based on the comments received for the projects in ISO TC 307 WG3. Another priority is to complete the norms with the attendance list and verify that all experts in the meeting were duly registered in the portal and authorised to participate in the meetings.
One of the main challenges of this work has been overcoming the cultural barriers and language differences encountered during this period, particularly through various meetings and ad hoc meetings for the three projects, which are ongoing in preparation for the final stage to publication.
The priority aims to support the development of European and international standards for DLT/blockchain technologies to ensure transparency in sustainable financing. This contribution brings together the financial, reporting and new technologies to address the gaps between these three sectors.
The challenge for sustainable finance is to minimise the risk of 'greenwashing’ and provide better reporting for the Sustainability sector, ESG investment and Net Zero climate goals and new EU Reporting regulations.
It includes standards development to combine blockchain/DLT Use Cases reflecting sustainable solutions, while the sustainable finance standards cover Terminology and reporting guidelines, and the financial services consider digital currencies and tokenisation.
This contribution aligns with the European Standardisation initiatives, including the effective delivery of ESG investment strategy and Net Zero climate goals, along with the new EU Climate and Sustainable Reporting legislation in 2024 /2025.
The objective of this contribution was to design a taxonomy of decentralised identifier and identity terms for further integration into ISO/TC307 works developed by AHG5 and JWG4.
My fellowship was key to address the gap between worldwide blockchain and DLT standards in the fields of identifier and identity management, especially between ISO/TC307, ITU-T and W3C while including some European-led reference documents (i.e. EBSI, eSSIF-Lab and INATBA glossaries).
The main challenge was reaching consensus between ISO/TC307 working groups (especially AHG5 and JWG4) to support the revision of ISO/TS 23258:2021 in order to integrate a taxonomy of decentralised identifier and identity terms.