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QRC Sponsors PAS 19668 Security Token Specification with BSI ACN Newswire 2020-12-20 HONG KONG / LONDON, Dec 20, 2020 - (ACN Newswire) - The QRC Group (QRC) announces publication of the world's first Security Token Specification, independently facilitated and published by BSI, the UK National Standards Body. "PAS 19668" provides for the technical specification and cross-blockchain publication of security tokens, covering tokens issued on any distributed ledger system. This PAS (Publicly Available Specification) takes effect from 31 December, 2020. In the absence of an industry-wide s...

3 months ago The UK’s national standards body BSI published the Security Token Specification, one of the sector’s first cross-chain standards. The specification is called PAS 19668 and was sponsored by blockchain advisory firm QRC. The steering group included the London Stock Exchange Group, OnChain Custodian, Tokeny, Blockckstream, BitGo, Prime Trust and numerous others. Without a security token standard information tends to be presented in inconsistent formats, making the market inefficient and deters potential participants.  “Issuers will trust BSI-standards technology, with grea...