Japan releases papers on standardization in the age of digital finance

Japan releases papers on standardization in the age of digital finance

The below-noted papers, published by the Bank of Japan’s Payment and Settlement Systems Department, relate to the use of ISO TC 68 and ISO 20022 in digital finance. The Bank’s Payment and Settlement Systems Department serves as the secretariat of the National Member Body of ISO TC 68 in Japan:

• Standardization in Information Technology related to Digital Currencies
This article focuses on the benefits of standardization. The article provides an overview of the standards created by ISO TC 68 and its subcommittees.

• Interoperability and Standardization in Financial Services in the Digital Age
A main topic of this article is the use of ISO 20022 to contribute to ensuring the interoperability in the age of digital financial services.