Blog

Celebrating IWA’s One Year Anniversary

by IWA Head of Growth Paul Rapino InterWork Alliance celebrates success in their inaugural year and focus for 2021 and 22.  Rallies around critical milestones and member success in tokenization standards; calls for the “Gold Standard in Tokenization.” The InterWork Alliance (IWA) hosted a members-only Town Hall on May 25,...

Build Back Better: Blockchains, Federated Data and Artificial Intelligence

by John deVadoss The defining challenge of our time will be this question: will data (i.e., access to insights/analytics/machine learning algorithms and most importantly AI models) continue to serve the interests of the few or will it truly benefit the many? Building back better demands that we prioritize this categorical...

Chain Data, Analytics and Monetization – Challenges and Opportunities for the Industry

by Duncan Johnson-Watt and John deVadoss IWA Data and Analytics Technical Working Group Looks Ahead When the IWA was first announced almost exactly a year ago it was envisaged that there would be three key Technical Working Groups (TWGs) stratifying the work of the IWA into three distinct layers covering...

What are the 2021 Token Taxonomy Act and the IWA Token Taxonomy Framework (TTF)?

By Paul Rapino Head of Growth, Interwork Alliance The 2021 Token Taxonomy Act is not the same as the Token Taxonomy Framework. However, they are both in high demand because tokenization is here to stay!  What is a token? A token is simply an indication, proof, or expression of something...

(CBDC) Central Bank Digital Currency and The IWA open standards Token Taxonomy Framework

By Paul Rapino, IWA Head of Growth Much has been written about a Central Bank Digital Currency (CBDC). Almost every financial institution and central bank is looking at the concept of tokenization and how it will impact financial services. Some of the top thinkers on this topic are members of...

Interwork Alliance in 2021

I can’t say I thought it was a great idea to start a new open standards organization during a pandemic, or that I knew how much effort it would take to convince a diverse set of organizations to join our efforts to undertake something very new.  But then again we...

The InterWork Alliance and application of the World Economic Forum Global Standards Mapping Initiative (GSMI) technical report

The white paper Global Standards Mapping Initiative: An overview of blockchain technical standards, published by the World Economic Forum in October 2020, delivers a much-needed analysis and guide for sifting through technical standards. It is one component of a broader effort1 to catalogue data from “30 technical standard-setting entities, 185...

Leadership Changes at the InterWork Alliance

As the InterWork Alliance has grown to more than 50 members with more joining every month, the IWA is fast becoming the essential industry organization for bringing inclusivity to the global market for services built on tokenized value. The IWA’s unique focus on providing a common-ground venue for collaborating on...

Real-World Tokens: A Seven-Step Journey into the TTF

Why Tokenize? The potential to effectively tokenize real-world assets on a digital platform and to efficiently transact at a global scale is creating entirely new asset classes and new markets for hitherto illiquid assets.  Tokens can represent a wide-ranging set of assets and agreements across multiple parties, and their usage...

The Role of the IWA in the Standardization Landscape

The InterWork Alliance is a non-profit industry organization formed to democratize the digital interchange of value and improve interworking amongst disparate business infrastructures. There are so many challenges to be resolved in this space – transaction speed, efficiency, identity, data protection, regulatory trust, to name a few – and we believe that the best approach is based upon the standardized representation of any asset of value (physical, digital,...