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ISO/TR 25145:2026, prepared by ISO/TC 307 (Blockchain and distributed ledger technologies), provides a comprehensive overview of DLT-based collections — commonly known as digital collections or NFTs (non-fungible tokens) — and their management. The document addresses the entire lifecycle from creation through trading to secure custody, with particular emphasis on smart contract implementation, risk management, and cybersecurity.
Traditional collection trading relies on intermediaries such as auction houses and brokerages, which inherently limits market reach and imposes costs. DLT-based collections offer an alternative paradigm: tamper-evident ownership records, provable scarcity, automated royalty payments through smart contracts, and direct creator-to-collector transactions. ISO/TR 25145 systematically examines these benefits while also addressing the substantial risks and implementation challenges.
The core technical contribution of ISO/TR 25145 lies in its detailed specification of smart contract operations for DLT-based collection management. The document defines six fundamental operations and provides C++ pseudocode for each.
| Operation | Function | Key Validation Checks |
|---|---|---|
| Create | Define a new collection type with metadata | Caller permission; duplicate SKU prevention |
| Issue (Mint) | Generate a new collection item under a holder’s account | Issuer authority; collection existence check |
| Transfer | Move ownership from one account to another | Asset existence; sender is current holder |
| Update | Modify collection metadata (issuer only) | Caller is issuer; collection exists |
| Verify (has_asset) | Check if an account holds a specific collection | Account and asset identifiers validity |
| Retrieve (get_asset) | Query collection details for an account | Account and asset identifiers validity |
The document defines four key roles with distinct permission sets: Issuers (museums, IP holders) request and create collections; DLT Platform Administrators approve issuance and manage permissions; Third-party Audit Institutions review copyright and compliance; and Collectors purchase and trade collections. Smart contracts automate permission enforcement, ensuring every transaction reflects the principal’s authenticated intent.
ISO/TR 25145 dedicates significant attention to risk analysis and cybersecurity, reflecting the real-world challenges that have plagued digital collection platforms.
Smart contracts can be programmed with automated content filtering and copyright verification prior to issuance. Dynamic risk assessments can trigger asset freezing or alerts when new risks emerge. The document also specifies dispute resolution mechanisms including arbitration clauses, technical execution of ownership transfers, and compensation calculation based on market value and rarity.
The recommended security framework encompasses data encryption (TLS for transit, strong algorithms for at-rest data), smart contract security audits, role-based access control with multi-factor authentication, network-level DDoS protection, and continuous security monitoring with incident response planning. A bug bounty program is recommended as an additional layer of defence.
Cross-platform operability is addressed through universal data formats, cross-ledger protocols (e.g., Polkadot relay chain, Cosmos IBC), smart contract compatibility standards, and multi-DLT wallet systems. This ensures that DLT-based collections are not siloed within a single ecosystem.
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