Defined in this standard is the general process of cryptocurrency payment between consumers and merchants. This process describes how a consumer purchases goods or services with cryptocurrency and how the merchant receives fiat money in return. It involves multiple aspects such as cryptocurrency payment operators playing an agent role, consumers owning cryptocurrency, merchant accessing to a cryptocurrency payment platform, banks, and cryptocurrency exchanges.
- Sponsor Committee
- CTS/BSC - Blockchain Standards Committee
- Status
- Active Standard
- PAR Approval
- 2019-06-13
- Board Approval
- 2020-06-04
- History
-
- Published:
- 2020-06-12
Working Group Details
- Society
- IEEE Consumer Technology Society
Learn More About IEEE Consumer Technology Society - Sponsor Committee
- CTS/BSC - Blockchain Standards Committee
- Working Group
-
CPWG - Cryptocurrency Payment Working Group
Learn More About CPWG - Cryptocurrency Payment Working Group - IEEE Program Manager
- Soo Kim
Contact Soo Kim - Working Group Chair
- Daozhuang Lin
Other Activities From This Working Group
Current projects that have been authorized by the IEEE SA Standards Board to develop a standard.
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Standards approved by the IEEE SA Standards Board that are within the 10-year lifecycle.
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These standards have been replaced with a revised version of the standard, or by a compilation of the original active standard and all its existing amendments, corrigenda, and errata.
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These standards are removed from active status through an administrative process for standards that have not undergone a revision process within 10 years.
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