The Digital Token Identifier Committee at Etrading Software is looking for new members. – About Your Online Magazine

Etrading Software’s Digital Token Identifier Committee is looking for new members.

Etrading Software (ETS), a global provider of technology-based solutions designed for financial institutions and industry initiatives, acting as an exclusive Registration Authority (RA) for the new International Standardization Organization (ISO), the standard for Token Identifiers Digital (DTIs) is calling new members to its Product Advisory Committee (PAC) with the closing date of registration on May 17, 2021.

The PAC will provide a forum for the industry to discuss how future regulatory changes will affect the crypto-market landscape. Other main objectives of the PAC are to provide recommendations on the implementation of the ISO DTI to the ETS and to arbitrate disputes related to the issuance of the DTI. The scope of the work includes providing advice on the use of DTIs, on the issuance process for DTIs, as well as advising ETS on the implementation of future product improvements to support AR responsibilities. The complete regulation of the PAC can be downloaded here.

Sassan Danesh, managing partner of Etrading Software, said, “Etrading Software is pleased to be the exclusive registration authority for the new DTI and we are looking for PAC members to join us in contributing to the dialogue with public authorities on the role that standardization can play in crypto- markets. We are looking for participants who have experience in standards and who appreciate the unique considerations that digital assets require when creating effective identifiers. We know that PAC will play a crucial role in ensuring that DTIs are tailor-made for the industry and bring more efficiency to the market. “

James Haskell, Director of Business Operations at Etrading Software, said: “We are really excited about this opportunity to bring together industry experts to help shape discussions between industry and public bodies about standardization in crypto-markets. We encourage those who are suitable to apply before May 17th. DTIs will bring many benefits to users of this expanding asset class, from improving liquidity, allowing easier identification of counterparties, facilitating price discovery and improving the operational efficiency of post-trade processing. We accept applications from those already involved in the digital asset space with experience in data standards to join our PAC and take this DTI project to the next stage.

Paula Fonseca