Historically, crypto-assets, as opposed to other financial
instruments, have been more difficult to identify given their
complexities and intricacies. To date, they been given general
short-names. For example:
- bitcoin is called BTC or XBT, and
- Ethereum Ether referred to as Ξ, Ether or ETH
Non-uniformity of such names, has made the process of
identifying such assets duplicative and inefficient.
What is a DTI?
The Digital Token Identifier (DTI) as defined
in ISO 24165 standard (ISO DTI
Standard), goes beyond the UPI and ISIN - as they are
basically used to identify specific types of crypto assets or
digital tokens. The ISO DTI Standard supports regulators and market
participants by providing greater transparency, thus mitigating and
reducing risk.
