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IEEE 2140.1-2020

Current Revision
IEEE Standard for General Requirements for Cryptocurrency Exchanges
Best Price Guarantee Published: Nov 4, 2020 en - English 18 Pages
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IEEE Standard for General Requirements for Cryptocurrency Exchanges

PUBLISH DATE 2020
PAGES 18
New IEEE Standard - Active. Self-discipline and professional ethics of cryptocurrency exchange platforms, as well as relevance between them and to cryptocurrency wallets are covered in this standard. Exchange business logic, operational procedures, user authentication programs are also covered in this standard. In addition, a small but necessary technical category of requirements, including terminologies, basic architectural framework, key indicators, end-user interface specifications, in order to achieve the previously mentioned goals is covered in this standard.
This standard involves multiple aspects, including self-discipline and professional ethics of cryptocurrency exchange platforms, as well as relevance between them and cryptocurrency wallets. This standard also describes the exchanges' business logic, operational procedures, and user authentication programs. In addition, this standard provides a small but necessary number of technical requirements, including terminologies, basic architectural framework, key indicators, end-user interface specifications, in order to achieve the previously mentioned goals.
Unlike standalone technical normative standards, this standard focuses on reaching a consensus from a business perspective, especially with the aim of protecting consumer rights in cryptocurrency exchange. The adoption of a unified approach promotes quality of service, transparency, fairness, and security with the goal of developing a cooperative and healthy ecosystem for the cryptocurrency market.

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