Shibuya Parco DG Bldg. - Room B

FASE: Establishing Technical Metrics to Evaluate the 'Decentralization' of Blockchain Networks

March 1, 2026
13:30 - 15:00
Shibuya Parco DG Bldg. - Room B
FASE

Session Overview

In the consideration of regulatory frameworks for crypto-assets, the degree of decentralisation is a key maturity factor under the US Clarity Act. In Japan, it has been reported that the review of the transition under the Financial Instruments and Exchange Act is moving toward classifying crypto-assets into two types, driven by the approach to regulatory supervision. This session aims to develop decentralisation metrics and establish a framework that regulators, auditors, and network operators can apply consistently. The project will compile a report on categories and classification methods appropriate for blockchain and crypto-assets, building on current thinking in various countries.

Agenda

1. Classification under the US Clarity Act (15 min)
2. Classification in Japan's review of the transition under the Financial Instruments and Exchange Act (15 min)
3. Category concepts, classification methods and their limitations (20 min)
4. Technical metrics framework (20 min)
• Node distribution and geographic spread
• Validator/miner concentration
• Protocol governance participation
• Code contribution diversity
5. Off-chain factors that complicate on-chain assessment (10 min)
6. Toward a BGIN decentralisation assessment standard (10 min)

Session Chair & Main Contributor

Session Chair

Joseph Beverley

Venue Details

Location: Shibuya Parco DG Bldg. - Room B

Address: 15-1 Udagawa-cho, Shibuya-ku, Tokyo 150-0042, Japan

Shibuya Parco DG Bldg., 18th Floor

Working Group

FASE

Financial Applications & Social Economics

Examines financial applications, stablecoins, and socio-economic impacts of blockchain technology

Chairs:
  • Chloe White
  • Joseph Beverley

Related Projects

  • Establishing Technical Metrics to evaluate the decentralization of the blockchain network
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