# FASE WG Standards Focus

**URL:** <https://bgin.discourse.group/t/fase-wg-standards-focus/1098>\
**Category:** Financial Applications & Social Economics (FASE)\
**Tags:** fase\
**Created:** [November 4, 2026, 9:03am UTC](https://bgin.discourse.group/t/fase-wg-standards-focus/1098 "2026-11-04T09:03:37Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![JoeyNB\_COS](https://sea1.discourse-cdn.com/flex019/user_avatar/bgin.discourse.group/joeynb_cos/32/69_2.png) [@JoeyNB\_COS](https://bgin.discourse.group/u/JoeyNB_COS)\
**Post date:** [November 4, 2026, 9:03am UTC](https://bgin.discourse.group/t/fase-wg-standards-focus/1098/1 "2026-11-04T09:03:37Z")

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Hi FASE WG,

Unfortunately I wont be able to attend today’s meeting. However, I’ve left notes for @ChloeWhiteAus based on our discussions 2-weeks prior.

Our focus now is to 1) wrap up existing paper(s); 2) focus on standards creation; 3) submitting reports based on Block 15 sessions. Awaiting assistance on this. Will connect with @Mitchell to discuss.

Existing paper(s) include:

1. Short papers addressing the industrial design questions
2. Stablecoin paper
3. Decentralized Compute and Market Structure

We identified **two candidates to explore for standards** :

1. **Smart Contract Audit Report Standard** - Ideally in collaboration with [@CyberSecurityWG\_Comm](https://bgin.discourse.group/groups/cybersecuritywg_comm). There are numerous standards regarding Cybersecurity Audits in Web3, in Web3 there are gaps. Our suggestion is to involve web3 cybersecurity organisations to create a standard for audits, what is checked, thresholds, expirations and more to ensure smart contract audits increase in quality and are prepared for AI threat(s)
2. Cross-chain bridge risk disclosures - In-line with FASE, we believe it be valuable to research and understand the risks associated with Cross-chain bridges, where threat actors have attacked and in which ways can we both create standards around Cross-chain bridges. First and foremost, to focus on involving industry to create a disclosure document, so that users can clearly understand what happens with their assets when they use the bridge

## Proposed methodology

- **Map the gaps.** Review existing standards against the risks and compliance needs that practitioners face, particularly at the business layer. A risk-manager’s matrix could help show what is already covered and what is missing.
- **Test the need.** Speak directly with banks, audit firms, bridge providers and other practitioners. A gap on paper may not be a problem in practice; their feedback should determine our priorities.
- **Define a narrow scope.** Establish what a proposed standard would cover, who would use it and which stakeholders need to help shape it. We should also distinguish a technical standard from guidance or regulatory policy.
- **Develop collaboratively.** Bring relevant FASE and other BGIN working groups into the work, alongside industry participants. We will need to understand the coordination required for any potential ISO submission rather than assume a direct path.
- **Publish what we learn.** The gap map and practitioner feedback can be useful outputs even if a candidate does not become a standard.