Standards and Norms: The Backbone of the Digital Economy
Standards and norms play a pivotal role in the digital economy, ensuring interoperability and quality. They are established by international organizations, consortia, or forums, and while freely accessible, they lack legal binding force. Let's delve into the world of standards and norms.
Standards and norms set rules or characteristics for products, services, or processes. They can be developed at international, European, or national levels in formally recognized organizations, or outside this system in consortia or forums. Key players in their creation include industry consortia, professional networks, interest groups, civil society organizations, and sometimes academic institutions.
A prime example of a standard is the HTTP protocol, used for data exchange on the internet. The ISO 27001 norm, meanwhile, focuses on information security management. Both are crucial for market access and regulation, with the consensus principle guiding their creation.
In the digital economy, standards from SDOs like W3C, OASIS, IETF, IEEE, or Ecma are widely used. They facilitate communication and trade, but lack legal binding force. Norms, a subcategory of standards, play a central role in market access and regulation. Collaboration among various actors ensures these guidelines and best practices continue to shape the digital landscape.
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