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What are the technical standards of blockchain: New opportunities for industrial transformation and development

bitpie
June 12, 2025
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Blockchain, as a technology that disrupts traditional industries, has attracted widespread attention worldwide. Its decentralization, transparency, and immutability have demonstrated tremendous potential in various fields such as finance, logistics, and healthcare. However, the rapid development of blockchain is also accompanied by a lack of technical standards, which directly affects its cross-industry application and promotion. Therefore, exploring technical standards for blockchain is not only a requirement for technological development but also concerns the future of the entire industry.

The basic concept of blockchain

What are the technical standards of blockchain: New opportunities for industrial transformation and development

Before delving into the technical standards of blockchain, it is necessary to first understand the basic concept of blockchain. Blockchain is a distributed database technology that packages data into blocks in chronological order and links them together to form a traceable and tamper-proof chain, ensuring the security and integrity of the data.

Blockchain is mainly composed of the following core features:

  • DecentralizationIn traditional centralized systems, data is managed by a single entity, whereas blockchain maintains data collectively through each node in the network, reducing reliance on a single institution.
  • TransparencyEvery transaction and data record is made public within the network, allowing all participants to view them, thereby ensuring data transparency and traceability.
  • High securityBy utilizing cryptographic techniques, ensure the security of data records and prevent malicious tampering of data.
  • Smart contractAn automatically executed contract program that can automatically carry out the terms of the contract when specific conditions are met.
  • 3. The Current Status of Blockchain Technology Standards

    Blockchain technology is developing rapidly, but at the current level of standardization, there are still some urgent issues that need to be addressed. At present, the technical standards of blockchain are mainly reflected in the following aspects:

  • Data Format StandardDifferent blockchain platforms use different transaction and block data structures, lacking unified standards, which leads to difficulties in cross-chain interactions.
  • Consensus mechanismEach blockchain network has different consensus mechanisms, such as Proof of Work (PoW), Proof of Stake (PoS), Byzantine Fault Tolerance (BFT), etc., and there is a lack of a comprehensive consensus mechanism shared across the industry.
  • Higher safety standardsAlthough blockchain itself possesses a certain level of security, ensuring its security during the development of blockchain applications remains a challenge, as there is currently a lack of unified security standards.
  • Governance mechanismUpgrades and changes to blockchain networks require effective governance mechanisms, but the existing governance mechanisms are diverse and lack uniformity, making it difficult for participants to reach consensus.
  • Laws, regulations, and standardsThe legal regulation of blockchain applications is not yet fully developed, and different countries and regions have varying legal frameworks and policies regarding blockchain, lacking internationally unified legal standards.
  • 3. The Importance of Blockchain Technology Standardization

    The standardization of blockchain not only promotes the maturity and development of the technology, but also facilitates its widespread application across various industries. Its importance is reflected in the following aspects:

  • Promote cross-chain interoperabilityStandardized data formats and protocols will promote interoperability between different blockchains and expand application scenarios.
  • Enhance safety and trustworthinessUnified security standards help increase user trust in blockchain technology, thereby promoting wider adoption by enterprises.
  • Reduce development costsStandardized tools and frameworks can reduce the learning curve and technical risks for developers when building new applications.
  • Attracting Investment and SupportA standardized technical foundation can provide data support for investors and facilitate investment activities.
  • Promote legal complianceUnified standards can help enterprises comply with relevant laws and regulations, thereby avoiding potential legal risks.
  • 4. Current Mainstream Blockchain Technology Standards Layout

    In order to better establish technical standards for blockchain, multiple organizations and institutions around the world have already been actively exploring this field, such as the International Organization for Standardization (ISO), the Internet Engineering Task Force (IETF), and others.

  • ISOThe International Organization for Standardization has established a special committee on blockchain and distributed ledger technology (DLT) to develop relevant technical standards.
  • W3CThe World Wide Web Consortium focuses on the integration of blockchain and Web technologies, promoting blockchain standards in the Web environment.
  • IEEEThe Institute of Electrical and Electronics Engineers is also exploring technical standards for blockchain, with a particular focus on research into applications that combine the Internet of Things and blockchain.
  • ETSIThe European Telecommunications Standards Institute is researching blockchain-based cybersecurity standards, focusing on the application of blockchain in the telecommunications sector.
  • Industry AllianceIndustry alliances such as the Enterprise Ethereum Alliance (EEA) and Hyperledger are also actively promoting self-standardization within the blockchain industry.
  • With the continuous development of blockchain technology, future technical standards will become more refined, with the main trends reflected in the following aspects:

  • Standardized ecosystemWith the development of the blockchain market, a standardized ecosystem will be formed in the future, making it easier for participants to collaborate and interact.
  • Smart Contract StandardsSmart contracts will have more detailed standards to ensure their security and operability.
  • Data Privacy Protection StandardsAgainst the backdrop of growing concerns over data privacy, relevant protection standards will be proposed to balance transparency and data privacy.
  • Standards for integration with other technologiesThe integration of blockchain with other emerging technologies such as artificial intelligence and the Internet of Things will also drive the emergence of corresponding standards.
  • Global consensusIn the future, industry experts and organizations will promote global consensus to ensure consistency of technical standards across different countries and regions.
  • 7. Summary and Outlook

    The standardization of blockchain technology is key to promoting its widespread adoption. By continuously improving technical standards, stronger technical support can be provided for the development of the industry, bringing more opportunities for future social transformation.

    With the improvement of standardization, blockchain technology will not only foster more innovative applications in the financial industry, but also unlock greater potential in fields such as healthcare, logistics, supply chain management, and cultural media. Its influence is bound to surpass the technology itself and penetrate every aspect of human life.

    Frequently Asked Questions

  • What is decentralization in blockchain?
  • Decentralization is a core feature of blockchain, referring to the fact that data is not stored on a single central server, but is instead distributed across multiple nodes throughout the network. The advantage of this approach is that it enhances data security and redundancy, so the failure or attack of a single node does not affect the normal operation of the entire system.

  • What is the consensus mechanism of blockchain?
  • The main consensus mechanisms of blockchain include Proof of Work (PoW), Proof of Stake (PoS), Delegated Proof of Stake (DPoS), and Byzantine Fault Tolerance (BFT), among others. Each of these mechanisms has its own advantages and disadvantages, determining how consensus is reached within the network as well as the security and efficiency of transactions.

  • Application of Blockchain in the Financial Sector
  • Blockchain has a wide range of applications in the financial sector, including digital currencies (such as Bitcoin and Ethereum), cross-border payments, smart contracts, supply chain finance, and asset securitization. These applications have greatly improved the transparency and security of financial transactions.

  • Does blockchain have legal risks?
  • Yes, there is not yet a unified set of laws and regulations for blockchain on a global scale. Enterprises using blockchain technology may face legal risks, such as compliance issues and tax issues. It is very important to understand the laws and regulations of the user's location.

  • How to ensure the security of blockchain applications?
  • Methods to ensure the security of blockchain applications include adopting strong cryptography, implementing multi-factor authentication, conducting regular security audits, and customizing smart contracts to ensure the correct execution of their functions. These measures can significantly enhance the security of blockchain systems.

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