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AIT is member of the new OECD Blockchain Expert Policy Advisory Board (BEPAB)

24.01.2020
OECD forms a high-level expert group on blockchain

Credit: GettyImages/KeremYucel

The Organisation for Economic Cooperation and Development has formed an expert group to provide advice on its work on blockchain and other distributed ledger technologies; this will include the development of high-level blockchain policy principles. The formation of the group follows the establishment of the OECD’s Blockchain Policy Centre in 2018. The Blockchain Policy Centre provides a global reference point for policy makers and supports the co-ordination of OECD work on blockchain and other distributed ledger technologies, work lead at the OECD by its Committee on Financial Markets (CMF) in cooperation with the Committee on Digital Economy Policy (CDEP).

The formation of the Blockchain Expert Policy Advisory Board (BEPAB) reflects the OECD’s expanding programme of work exploring the policy implications of this disruptive technology, working to help governments and other stakeholders to reap its benefits, while mitigating the risks. Forty-five OECD and non-OECD governments are represented on the BEPAB, alongside representatives from the European Commission, the private sector, industry bodies, and civil society groups.

The AIT Austrian Institute of Technology joins this high-level OECD expert group as it has a particular focus on technology and research in the area of a secure internet and the fight against cybercrime, and leads corresponding national and European initiatives such as the EU project "TITANIUM" (Tools for the Investigation of Transactions in Underground Markets), which was launched in 2017. In this project, 15 research institutions, IT companies and police authorities from 7 European countries are working on the development of new forensic technologies for the investigation and research of cybercrime in the Darknet. In this context, AIT has developed "Graph-Sense", an internationally leading forensic tool for the analysis of virtual currencies. Building on its core competencies in the field of blockchain technologies and cryptocurrencies, the AIT has thus created the conditions necessary to provide law enforcement agencies with state-of-the-art tools to optimally support their investigative activities in the future.

Further information: OECD press announcement (13.01.2020)