- What are the potential risks associated with future widespread use of mutual distributed ledgers (MDLs), and what are their implications?
- How do distributed ledgers fit within existing regulatory frameworks?
- Are existing laws sufficient to cover the activities supported by distributed ledgers, or is new legislation is needed?
- Would MDLs benefit from the development of standards? Which sectors and services might need MDLs most?
- What different paths could be taken to create standards?
"The Missing Links in the Chains" confirms that the establishment of a voluntary standards market may be beneficial in promoting the uptake of MDLs by providing certainty to both users and developers, while assisting regulators in fulfilling their duties. A PAS route seems the most likely, but further consideration is needed on the scope of 'taxonomies and performance', 'data governance', and 'commercial governance and liability'. And of course, what group is prepared to pay to take standards forward?