A European Commission initiative, the new group – the International Association of Trusted Blockchain Applications (INATBA) – it was launched Wednesday in Brussels, Belgium.
INATBA brings together industry, startups and SMEs, policy makers, international organisations, regulators, civil society and standard setting bodies to support blockchain and Distributed Ledger Technology (DLT) to be mainstreamed and scaled-up across multiple sectors.
SWIFT, IBM, Ripple and around 100 other firms and organizations have joined the new blockchain association to promote adoption of the technology across the EU, according to coindesk.com.
INATBA has been set up as a “global multi-stakeholder forum” aimed to bring together developers and users of blockchain technology to promote mainstream adoption across multiple sectors.
„To unlock the full transformational potential and harness the benefits of blockchain and DLT for businesses, the public sector and society at large, INATBA aims to develop a framework that promotes public and private sector collaboration, regulatory convergence, legal predictability and ensures the system’s integrity and transparency.”, according to the press release.
The official launch of INATBA took place in Brussels on April 3. A joint declaration of support from members is also being recorded on different blockchains at the event.
More details about INATBA here
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: