Bitcoin Industry’s Own Version of ISO – CryptoCurrency Certification Consortium

We are in a digital currency age. In the past couple of years, the startup ecosystem has experienced a bitcoin boom signified by an increasing number of startups focusing on bitcoin and blockchain related technologies. The advantages of blockchain technology is now widely recognized, especially by the banking and financial sectors.

The growth of interest in cryptocurrency technologies and its implementation in various critical operations makes it important to ensure the quality of software standards in terms of usability and security is fit to meet the requirements of the organizations/institutions implementing it. This situation has given rise to software review, audit and certification requirements.

CryptoCurrency Certification Consortium is one such organization which has taken upon itself to establish standards in the cryptocurrency industry. The non-profit entity within the Bitcoin industry’s who’s who on board is focused on developing a yardstick for the industry which can be used to measure cryptocurrency technology based applications and platforms on various fronts including usability, privacy, security, trust and decentralization. The member on the board of directors of the organization includes Andreas M Antonopoulos, Vitalik Buterin, Joshua McDougall, Pamela Morgan and Michael Perklin. The organization’s website also lists executives and developers from various established bitcoin companies as advisors.

CryptoCurrency Certification Consortium offers certification programs to those who are interested to venture into the bitcoin sector. These certifications will help newbies as well as those who are already involved with bitcoin understand the history, various aspects of bitcoin technology, bitcoin based products and its uses, security features, best practices when it comes to coding and more.

CryptoCurrency Certification Consortium currently has two certification programs in its offering – The Certified Bitcoin Professional (CBP) and Certified Bitcoin Expert (CBX). These certification tests will include a series of questions which requires in-depth understanding of bitcoin and blockchain to answer. Those who clear the exam will be certified as a bitcoin professional by the organization. While CBP is suited for everyone who enters the bitcoin domain, CBX is tailor made for those who are directly involved in development and testing of digital currency environments. The CBX program will be soon available for those who are involved in development, security, audit and digital forensics.

The consortium has also created a draft security framework that sets security standards for cryptocurrency systems across the world. The CryptoCurrency Certification Consortium seems to be all set to take upon itself a role similar to that of ISO in the Bitcoin industry.

mm – leading Bitcoin News source since 2012

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest.