standards-based exchange

Standards-based exchange refers to the use of agreed-upon formats and rules for sharing information between different systems or organizations. This ensures data can be accurately understood and processed regardless of the technology or platforms involved. By adhering to common standards, such as specific data formats or communication protocols, organizations can exchange information efficiently, reduce errors, and improve interoperability. This approach is essential for seamless data sharing across diverse systems, supporting collaboration, data integration, and automation in fields like healthcare, finance, and technology.