Design and Operation of Digital Assets and Nonfungible Tokens
What this Standard Covers
The exponential growth of digital assets that started with the advent of blockchain technology shows no signs of relenting. This standard specifies minimum requirements for using digital assets and nonfungible tokens for a range of functions, including to store and exchange value and as investment vehicles.
It provides an overview of the taxonomies, commonalities, differences and characteristics of various types of digital assets and tokens, particularly NFTs, to meet crypto/blockchain industry best practices as well as achieve some consistency with the mainstream financial sector.
About this Standard
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This standard is subject to technical committee review beginning no later than one year from the date of publication. The completion of the review may result in a new edition, revision, reaffirmation or withdrawal of the standard.