innovative technology service
Services relating to innovative technology arrangements (e.g., hosting, administration).
Definition
Services that relate to, support, administer or operate innovative technology arrangements, including provisioning, maintenance, technical administration, systems auditing and other services essential to the functioning or governance of ITAs. These services are subject to recognition, oversight and requirements under the Act when they fall within the statutory scope.
Related Terms
innovative technology services
Services relating to the design, deployment or operation of IT arrangements....
innovative technology arrangements
Software, code, protocols and architectures used in DLT/smart contracts....
innovative technology
Broad legal definition of covered digital technologies and related products/services....
Innovative Technology Arrangement (ITA)
Software/architectures (e.g., AI, DLT, smart contracts) subject to certification....
Service Provider
Entities providing digital, networked or platform services....