IoTeX Elected Vice Chair of IEEE Blockchain & IoT Standard Working Group (P2418.1)

This article was first published on IoTeX - Medium

Dr. Xinxin Fan, Head of Cryptography at IoTeX, has been appointed Vice Chair of the IEEE P2418.1 Standard for “Framework of Blockchain Use in Internet of Things (IoT)”. This new effort brings together experts comprising academic researchers, startups, and enterprises to develop a universal standard that “provides a common framework for blockchain usage, implementation, and interaction with the Internet of Things (IoT)” and will address the “security and privacy challenges with regards to Blockchain in IoT” across both permissioned and permissionless blockchains.

IoTeX’s Vice Chair role was elected by other IEEE standards committee members — a great honor! — and will work alongside Dr. Ramesh Ramadoss, Co-Chair of the IEEE Blockchain Initiative. This appointment to Vice Chair of the IEEE 2418.1 Standard adds to IoTeX’s prominent leadership positions in industry bodies, such as the Industrial Internet Consortium (IIC) and Confidential Computing Consortium (CCC).

IoTeX hosted a special interview with Dr. Ramesh Ramadoss, Chair of the IEEE P2418.1 Standard, who will work alongside IoTeX’s Dr. Xinxin Fan to facilitate the development of this Blockchain & IoT standard alongside an impressive cast of enterprise members. During this interview, we discussed the role of standards today, how standards eliminate technical barriers, and why the standardization of Blockchain & IoT is important. Enjoy!

Building The Future Standard for Blockchain & IoT

Standards are a critical component that will fuel the rise of a market expected to reach $31 billion worldwide by 2030, with 73.5% compound annual growth. Standards are especially important for frontier technologies such as blockchain and IoT, which often involve a complex tapestry of hundreds of different pioneering companies.

“By co-creating standards with industry experts, IoTeX is committed not only to innovation in the blockchain space via our real world products, such as Ucam and Pebble Tracker, but also the ...

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IoTeX - Medium

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