Smart Contracts Standards

ended

This proposal is about the development of standards on smart contracts, aiming specifically to support the Data Act proposal, where Smart Contracts can support the exchange of data and their remuneration, based on the concept of Data Spaces. Compliance with the new European Digital Identity and Electronic Ledger frameworks is also addressed. The project consists of the following main activities: - Developing a scoping study analysing the requirements on Smart Contracts from the Data Act and eIDAS2 proposals and identifying standardisation requirements for smart contracts in data sharing applications; - Specification of policy and security requirements for the use of electronic ledgers as a trusted service in support of smart contracts; - Specification of use of EU Digital Identity Wallets and advanced and qualified electronic signatures/seals for identification with smart contracts; Liaisons with initiatives relevant for data spaces in the Digital Europe, Horizon 2020 and Horizon Europe programmes as well as with relevant technical committees at the European and international level will be established as needed. This proposal will also address liaising internationally with ISO/TC 307 and CEN/CENELEC/JTC19 on European blockchain standardisation requirements.