Standard for the Recurring Transactions on the Distributed Ledger Technologies (DLTs)
Authorization to create a new Official IEEE Open Source Project
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Title of the Project: Standards for the Recurring Transactions on the Distributed Ledger Technologies (DLTs)
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Description of the Project: This project will develop standards for implementation of blockchain and distributed ledger based recurring payment methods potentially applicable in public services, banking, financing, insurance, real estate, commercial payments, online services and other industries. These standards are intended to fuel innovation and accelerate development of blockchain and distributed ledger technologies in the digital economy.
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IEEE Open Source Project lead (or main point of contact):
Name: Sergii Grybniak
Email: sergii.grybniak@ieee.org
- Selection of a single Open Source approved license and associated CLAs (See the Maintainers Manual):
- Will this project use pre-existing Open Source software or hardware? If so, please describe.
Yes. This project will use open source Ethereum Virtual Machine software.
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Supporting an IEEE Standards Project (Please Select A, B, or C)
- Yes - This project will be run by an IEEE Standards Committee and/or a Working Group. Please list all applicable PARs.
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Governance
We agree that we will have a governance document for review by the community manager within 30 days and that we will make any modifications necessary to conform to all applicable policies and procedures.
We have an existing governance document that we are submitting for review at this time (pick one):
NO