Monday May 23, 2022

DLT.01 DLT Governance Principles

Distributed Ledger Technology (DLT) refers to the technological infrastructure and protocols that allows simultaneous access, validation, and record updating in an immutable manner across a network that’s spread across multiple entities or locations. Examples of DLT are Ethereum, Hyperledger and Corda.

The Distributed Ledger Technology group is the GSMA Industry Specifications Issuing Group operating in accordance with AA.35 [1] (“DLT ISIG”). All activities undertaken in
relation to the DLT ISIG are:
(1) deemed “Industry Specification Activity” and governed by GSMA PRD AA.35 [1]; and
(2) undertaken in full compliance with the GSMA antitrust compliance policy [4].

The DLT ISIG responsbilites are:

  • identify key DLT use-cases in the industry and agree their technical & business
    scope;
  • evaluate how different DLTs can be leveraged for an identified industry use-case;
  • create, approve and maintain specifications for DLT implementations and identified
    use-cases;
  • develop, approve and maintain reference industry implementations for DLT and
    identified use-cases;
  • promote dialogue, collaboration and thought leadership through its events; and
  • drive DLT education for GSMA members.

This document:

  • describes the governance framework for the DLT ISIG and Subgroups;
  • clarifies working procedures to create, approve and manage industry specifications as DLT ISIG; and
  • sets out working procedures to develop, approve and manage DLT ISIG reference industry implementation work.