China will lead an international research group on the standardization of the Internet of Things (IoT) and blockchain technology, local news outlet Science and Technology Daily reports July 18.
The joint technical committee of the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) have adopted the proposal for the creation of this international research group after a month of a discussion by committee members.
The new research group will include experts from more than ten countries including the United States, the United Kingdom, Germany, and France.
China has recently taken steps forward in its adoption of blockchain technology.
Last month, the Digital Currency Research Lab at the People’s Bank of China (PBoC) filed a patent for a digital currency wallet that would allow users to track their transaction histories.
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