ISO 4217 a subdivision of pound sterling, the currency for the United Kingdom. Recently, cryptocurrencies have unofficially used ISO codes on various cryptocurrency exchanges, for instance LTC for Litecoin, NMC for Namecoin and XRP for Ripple. SIX Interbank Clearing (a Maintenance Agency of ISO) is currently studying the impact and role of cryptocurrencies and other independent currencies on ISO 4217. A number of currencies were official ISO 4217 currency codes and currency names until their replacement by the euro or other currencies. The table below shows the ISO currency codes of former currencies and their common names (which do not always match
International Organization for Standardization than standards currently can be within WG1. The disparity of rules for PAS, Fast-Track and ISO committee generated standards is fast making ISO a laughing stock in IT circles. The days of open standards development are fast disappearing. Instead we are getting 'standardization by corporation'. Computer security entrepreneur and Ubuntu investor, Mark Shuttleworth, commented on the Standardization of Office Open XML process by saying "I think it de-values the confidence people have in the standards setting process," and Shuttleworth alleged that ISO did not carry out its responsibility. He also noted that Microsoft had intensely lobbied many countries that traditionally