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 - Sponsor Committee
- CTS/BSC - Blockchain Standards Committee
- Working Group
-
CPWG - Cryptocurrency Payment Working Group
Learn More - IEEE Program Manager
- Soo Kim
Contact - Working Group Chair
- Daozhuang Lin
No Active Projects
No Active Standards
No Superseded Standards
No Inactive-Withdrawn Standards
No Inactive-Reserved Standards