What is a DTI
Digital Token Identifier
Providing market transparency for digital assets
The increasing adoption of distributed ledger technology in the traditional financial sector and the rapid growth of the decentralised crypto ecosystem have led to heightened demand by public authorities and market participants for identifying digital tokens within these networks, where they are issued, traded, settled, or stored.
What is a DTI?
A Digital Token Identifier (DTI) is a global identification standard for digital tokens and is defined by the International Organisation for Standardisation’s ISO 24165.
Key Principles Behind The DTI
- The identifier is a random, unique and fixed-length (8 characters plus checksum)
- Registration eligibility is based on objective, verifiable information provided by the applicant
- The assignment of the identifier offers no warranty on the features, purpose, compliance to any regulation, or value of the digital token
- The identifier is assigned to the token, not registered to the applicant
The scope of DTI use includes all fungible digital assets which use distributed ledger technology for their issuance, storage, exchange, record of ownership, or transaction validation.