DTI Allocation

Our Governance

Services under ISO mandate

As the Registration Authority for the ISO standard, the DTI Foundation follows strict ISO governance requirements of fair, reasonable, and non-discriminatory (FRAND) principles for cost recovery fees. Ancillary DTI services are not required as a condition to access core services. Services provided by the DTI Foundation under the ISO mandate include:

 

  • Promoting and making all efforts to ensure proper use of ISO 24165 standard.
  • Maintaining the Registry and assigning the DTI identifier.
  • Making the DTI registry available for all users in a timely manner and as per the requirements of the ISO 24165 standard.
  • Continuously adapting the DTI guidelines, which will be made available on the RA website, to meet the needs of the market.
  • Responding to enquiries and information requests related to the ISO 24165 standard in a timely manner.

Product Advisory Committee

The DTI Product Advisory Committee (PAC) is the core governance committee to provide stewardship and oversight to the implementation of the ISO 24165 standard by the DTI Foundation. The DTI PAC provides recommendations to the development of the DTI and arbitrates any token disputes to reach final a resolution. Though the precise number of representative members in any category varies over time, the PAC aims to include 20 to 30 members representing the following viewpoint categories:

 

Voting Members (able to attend meetings, contribute to the meeting and vote)

 

  • Industry, including: Buy-Side, Custodians, Data Vendors, Sell Side, Trade Associations, Market Infrastructure, Asset Issuers
  • Academics
  • Other

 

Observing Members (able to attend meetings and contribute but not vote)

 

  • Regulators and / or Policy Makers

 

The DTI PAC currently comprises over 25 members representing a cross-section of crypto and digital asset market stakeholders, including global institutional investors, standard-setting bodies, academics, asset managers and market infrastructure providers from various regions globally. The list of DTI PAC members is available on the DTI Foundation webpage. The DTI PAC composition is reviewed annually to ensure the composition reflects a diverse range of organisations across jurisdictions. All stakeholders involved in the crypto and digital asset industry are encouraged to apply to join.

 

The DTI PAC will continue to act as the key stakeholder engagement committee for implementation of the ISO standard by the DTI Foundation. The DTI PAC charter, along with meeting agendas and minutes are also available to the public on the DTI website in order to provide appropriate transparency.

ISO TC 68 WG3

Etrading Software has been selected as the RA via a competitive tender process overseen by the ISO/TC 68 Financial Services. In its capacity as the RA, Etrading Software, through the DTI Foundation, submits a written annual report on its activities and how it is fulfilling its services under the ISO mandate, which includes its adherence to ISO governance requirements that the cost recovery principles are fair, reasonable, and non-discriminatory. These reports are reviewed at annual plenary meetings where representatives of national standard bodies and liaison representatives can review the report and opine on RA’s activities.

 

Through the DTI Foundation, Etrading Software is also an active member of ISO TC68/SC8/WG3, a working group responsible for drafting and amending the DTI standard. Since the standard was launched in September 2021, DTI Foundation has been working within the group to help with drafting amendments to the standard based on feedback it received from market participants. DTI Foundation has also been involved in other ISO working groups to ensure that the DTI standard continues to be relevant to wider markets.

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