Blockchain to take center stage at American National Standards Institute forum

Blockchain to take center stage at American National Standards Institute forum 23302

The American National Standards Institute (ANSI), a non-profit organization encompassing 125,000 companies that “strengthen the U.S. marketplace position in the global economy”, announced on Monday that blockchain and Artificial Intelligence [AI] will occupy center stage at their upcoming forum.

ANSI comprises of corporations, academic bodies, and government organizations with an aim to oversee the implementation of thousands of regulatory practices that impact business operations. Member companies come from various sectors including manufacturing, construction, dairy & livestock, among others. ANSI does not engage in the creation of standards for businesses but aims to merely oversee the voluntary standards and the conformance to the same.

Blockchain and AI will be the main topics of discussion at the forum entitled “Empowered by Innovation: Cutting-Edge Technologies Driving Real-World Solutions” as part of the “World Standards Week (WSW) 2018” to be held between October 15-19. The following was spelled out in a tweet by ANSI:

Seasoned professionals from manufacturing, healthcare, transportation, shipping, food safety, and the government will share insights on real-world applications of these emerging technologies.” The objective of this meet is to build an interest in innovative applications of these technologies so that more industries adopt the same to help “meet their organizational goals.”

The institute has set the market standards for a number of technological developments. It set the original standard implementation of C language, later called ANSI C, and thereby became the first computer programming language standard “American Standard Fortran,” better known as “FORTAN 66.”

ANSI is not the only globally renowned association that has looked to blockchain as the future of technology. The World Economic Forum (WEF) released a report this month called “Building Block(chain)s for a Better Planet”, where it specified the use of blockchain in 65 scenarios to solve the “most pressing” environmental problems. A “responsible” and “global” blockchain ecosystem should be the next objective centered around the protection of the environment, the WEF report highlighted.

See also: Blockchain should help society move towards a “greener and inclusive” future: Jack Ma

See also: Mastercard seeks new blockchain-based patent to facilitate B2B transactions

Image via Shutterstock

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Hayden P.

A blockchain and cryptocurrency enthusiast

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