IEEE 2140.1
Standard for General Requirements for Cryptocurrency Exchanges
| Organization: | IEEE |
| Publication Date: | 24 September 2020 |
| Status: | active |
| Page Count: | 18 |
scope:
This standard involves multiple aspects, including self-discipline and professional ethics of cryptocurrency exchange platforms, as well as relevance between them and cryptocurrency wallets. This standard also describes the exchanges' business logic, operational procedures, and user authentication programs. In addition, this standard provides a small but necessary number of technical requirements, including terminologies, basic architectural framework, key indicators, end-user interface specifications, in order to achieve the previously mentioned goals.
Purpose
Unlike standalone technical normative standards, this standard focuses on reaching a consensus from a business perspective, especially with the aim of protecting consumer rights in cryptocurrency exchange. The adoption of a unified approach promotes quality of service, transparency, fairness, and security with the goal of developing a cooperative and healthy ecosystem for the cryptocurrency market.
Document History