New Blockchain Standards for Cryptocurrency Exchanges [Standards]

Abstract

Blockchains, in a nutshell, are mechanisms used for creating artificial scarcity. They are a type of distributed database, or ledger, and a means to keep track of information shared among multiple parties. As you may know, blockchains are one of the IEEE Future Directions initiatives, with a growing number of IEEE Societies creating projects for blockchain-related standards development in the areas of agriculture, digital asset management, energy, finance, health care, the Internet of Things, and so on. In this article, the focus is mainly on cryptocurrency exchanges.