10/06/2022 - The OECD Recommendation of the Council on Blockchain and Other Distributed Ledger Technologies was adopted by Ministers at the 2022 OECD Ministerial Council Meeting. About the Recommendation This Recommendation provides guidance for actors in the Blockchain ecosystem, including but not limited to governments, industry, academia, and civil society. With the increase in use and rapid development of the technology and its applications, the Recommendation seeks to provide a clear and coherent policy framework for responsible Blockchain innovation and adoption to prevent and mitigate risks, while preserving incentives to innovate, collaborate and compete. While international policy standards have thus far focussed on financial market issues, this Recommendation recognises the wider impacts of and uses for the technology, and is the first cross-sectoral international policy standard for Blockchain. The Recommendation addresses six key issues relevant to all Blockchain actors: Compliance and Coherence Governance, Transparency, and Accountability Interoperability Digital Security and Privacy Education and Skills Development Environmental impact The Recommendation also contains policy recommendations for governments – when they are establishing or implementing policy measures related to Blockchain innovation and adoption, taking into account the importance of technology neutrality, and consistent with these provisions.

Download the Recommendation in English   Télécharger la Recommandation en français

Key elements of the Recommendation

• Develop co-ordinated policy approaches concerning Blockchain

• Foster investment in Blockchain research and development

• Strive to build human capacity on Blockchain

• Support an enabling policy environment for Blockchain

• Co-operate internationally on Blockchain

   

 Relevant existing OECD legal instruments

• OECD Guidelines for Multinational Enterprises [OECD/LEGAL/0144]

• Recommendation on Enhancing Access to and Sharing of Data [OECD/LEGAL/0463]

• Recommendation concerning Guidelines Governing the Protection of Privacy and Transborder Flows of Personal Data [OECD/LEGAL/0188]

• Recommendation concerning Guidelines for Cryptography Policy [OECD/LEGAL/0289]

• Recommendation on Principles and Good Practices for Financial Education and Awareness [OECD/LEGAL/0338]

• Recommendation for Enhanced Access and More Effective Use of Public Sector Information [OECD/LEGAL/0362]

• Recommendation on Regulatory Policy and Governance [OECD/LEGAL/0390]

• Recommendation on Digital Government Strategies [OECD/LEGAL/0406]

• Recommendation on Digital Security Risk Management for Economic and Social Prosperity [OECD/LEGAL/0415]

• Recommendation on Consumer Protection in E-commerce [OECD/LEGAL/0422]

• Declaration on the Digital Economy: Innovation, Growth and Social Prosperity (Cancún Declaration) [OECD/LEGAL/0426]

• Recommendation on Health Data Governance [OECD/LEGAL/0433]

• Recommendation on Artificial Intelligence [OECD/LEGAL/0449]

• Declaration on Strengthening SMEs and Entrepreneurship for Productivity and Inclusive Growth [OECD/LEGAL/0439]

• Recommendation on the OECD Due Diligence Guidance for Responsible Business Conduct [OECD/LEG/0443]

• Recommendation on Digital Security of Critical Activities [OECD/LEGAL/0456]

• 2016 Ministerial Statement on Building more Resilient and Inclusive Labour Markets