FSB to work with the ISO on blockchain standards

Federal Security Service (FSB) to work with the International Organization of Standardization (ISO) on the creation on blockchain standards
18 August 2017   578

The committee for the development of the standard for blockchain technology created under the International Organization for Standardization (ISO) included Russian representatives, one of them the FSB officer Grigory Marshalko, as reported by Vedomosti referring to the two sources familiar with the work of the committee.

Marshalko himself declined to comment on his participation in the ISO committee, advising Vedomosti to contact the FSB's public relations centre. At the same time, he confirmed that he represents the FSB in the Russian committee of Rosstandart for the standardization of cryptography.

Maxim Shevchenko, deputy head of the Infotech laboratory, who is a member of the ISO committee, explained that Russian delegation, participating in the development of the blockchain standards, consists of members of the Russian committee of Rosstandart for the standardization of cryptography. The FSB, the newspaper notes, directs its work and its chairman is an employee of the FSB.

The aim of Russian representatives in the ISO committee is to make Russian cryptographic algorithms included to the International Blockchain Standard. 
 

Alexey Urivsky
One of the Committee's experts

According to Vedomosti, Russia is to have a separate committee on blockchain in the near future. Thus, Rosstandart has begun to recruit experts in August, 2017.

Bank of China Filed a Patent to Scale Blockchain Systems

Bank of China has filed a patent application for a process able to scale blockchain systems  
23 February 2018   109

According to a document released by China's State Intellectual Property Office (SIPO) on February 23, the application was invented by Zhao Shuxiang and first submitted on September 28 last year.

The application states that instead of letting a new block store transactions from its previous one, a data compressing system could be used to pack transactions from multiple blocks into what the patent calls a "data block."

For example, when the system receives a request to compress transactions from block 1 to 1,000, it causes a new data block to be formed and temporarily hosted on a different storage system. Then, the system will run the packed data through a hash function with a hash value. After that, the compression system will attach labels in order to identify blocks on the blockchain.

With the use of the described method, the patent claims a reduction in the amount of the data stored in new blocks as transactions mount in a blockchain while ensuring that data from all previous transactions will still be tamper-proof and traceable.

At the moment, the patent in the review process.