[April 03, 2019] |
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IOTA Becomes A Founding Member of New International Association of Trusted Blockchain Applications (INATBA)
IOTA Foundation, a non-profit foundation focused on distributed ledger
technology (DLT) and permissionless ecosystem development, announced
today it has joined the International Association of Trusted Blockchain
Applications (INATBA) as a founding member. INATBA's core directive is
to promote the use of DLT technology by developing a predictable,
transparent and trust-based global framework. INATBA offers developers
and users of DLT a global forum to interact with regulators and
policymakers and bring DLT and blockchain technology to the next stage.
The initiative is an outgrowth of the EU Blockchain Industry Round
Table, a European Commission-hosted group convened to identify the right
conditions for DLT to flourish. The Association was legally formed in
March with more than 100 founding members, including major DLT and
blockchain providers, large-scale users, start-ups, and business and
sectoral associations.
Digital Signing at the European Commission Headquarters
The digital signing of the INATBA Charter at the European Commission
headquarters will be hosted by European Commissioner Mariya Gabriel, who
will give a keynote speech, and Director-General Roberto Viola. The
digital signatures will be hashed on IOTA's Tangle network, in addition
to other DLTs, to create an immutable audit trail of the signing. In
connection with the founding of the Association, Julie Maupin, IOTA's
Director of Social Impact and Public Regulatory Affairs, was elected to
serve on the INATBA board of directors.
"Developing a regulatory framework around distributed ledger and
blockchain technologies is essential to their widespread adoption and
growth. We have established our own Public Regulatory Affairs team to
lead this effort and are excited to be one of the founding members of
INATBA. The strength and size of this association, as well as the
support of the European Commission and other governments, only further
shows the future limitless potential for Distributed Ledger
Technologies," said Dominik Schiener, co-founder and co-chair of
IOTA Foundation.
The organizations named below have committed to INATBA's goals of
developing interoperability guidelines and standards, transparent and
inclusive governance, and ongoing constructive dialogue with authorities
and regulators. The organization believes this approach will be a
significant driver of distributed ledger technology innovation and
uptake.
As part of this collaborative approach, INATBA's founders enshrined
four goals:
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Maintain a permanent and constructive dialogue with public authorities
and regulators that will contribute to the convergence of regulatory
approaches to blockchain and other distributed ledger technologies
globally.
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Promote an open, transparent and inclusive global model of governance
for blockchain and other distributed ledger technology infrastructures
and applications -- a model that reflects the shared interests of stakeholders from industry, start-ups and SMEs, civil society
organisations, governments and international organisations.
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Support the development and adoption of interoperability guidelines,
specifications and global standards, to enhance trusted, traceable,
user-centric digital services and uphold an open, transparent and
inclusive method of multi-stakeholder cooperation.
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Develop sector-specific guidelines and specifications for the
development and acceleration of trusted sectorial blockchain and DLT
applications in specific sectors (i.e. financial services, health,
supply chain, energy and financial inclusion).
The organizations are asking other like-minded blockchain stakeholders
to join INATBA and help drive the development and deployment of the
technology across the globe. For more information on INATBA, visit: https://www.inatba.org/.
For information on IOTA and its work with regulators and policymakers,
please visit: https://www.iota.org/get-started/for-regulators-and-policymakers
The founding organizations include:
21 Consulting GmbH AB InBev (Anheuser-Busch InBev) AboutGovernance
B.V. ACCENTURE ACCORD PROJECT, LLC ALASTRIA ALIS
Co., Ltd. Ambrosus (Represented by Innolab Engineering SARL) BANK
FRICK & CO AG Barclays Services Limited BBFA LTD BBVA
(Banco Bilbao Vizcaya Argentaria, S.A.) Berkeley Research Group
(UK) Ltd. (thinkBRG) Billon Group Ltd Billon Sp. z o.o Bitfury
Holding B.V. Blockchain Bundesverband e.v. (Bundesblock) Blockchain
Centre Vilnius Blockchain Hungary Association BLOCKCHAIN
ITALIA SRL Blockchance UG Boerse Stuttgart Digital Ventures
GmbH BOTLabs GmbH BPCE BUIDL, Ltd. Caisse des dépôts
et consignations CARDANO Stiftung CASHLINK Technologies GmbH Ceská
fintech asociace, z.s. Chaintip B.V. Climate Change Coalition
(Novasphere) COALA (Coalition d'Applications Légales Automatisées) COCIR
(COMITE EUROPEEN DE COORDINATION DES INDUSTRIES RADIOLOGIQUES
ELECTROMEDICALES ET D'INFORMATIQUE DE SANTE) COCUS
Aktiengesellschaft Coinarmy Bilisim Teknolojileri Ticaret Anonim
Sirketi COMPELLIO SA ConsenSys AG Datafloq B.V. DECENT
International, a.s. DEON DIGITAL Deutsche Börse AG Deutsche
Telekom AG DIGITAL GRID Corporation DLC Distributed Ledger
Consulting GmbH DNV GL Business Assurance Group AS ECLIPSE
FOUNDATION ECSDA (European Central Securities Depositories
Association) EFN (FEDERATION EUROPEENNE DES ASSOCIATIONS
INFIRMIERES ) ELECTRINA HOLDINGS DESIGNATED ACTIVITY COMPANY ENGIE ENTERPRISE
ETHEREUM ALLIANCE INC. ERTICO (European Road Transport Telematics
Implementation Coordination Organisation) EVAN GmbH Everis
Belgique Fractal Blockchain GmbH Fujitsu (News - Alert) Technology Solutions FUTURE
ENERGY FOUNDATION LIMITED Gnosis Limited GuardTime AS IBM
BELGIUM Intesa SanPaolo IOTA Foundation IPDB Foundation
e.V. (Interplanetary Database Foundation e.V.) iPoint-systems gmbh ITALIA
4 BLOCKCHAIN Jolocom GmbH Konfidio UG Kriptomat Kunfud
Cero Seis, SL LEDGER Lisk Stiftung L'OREAL Lukso
Blockchain GmbH LYNKEUS MADANA UG NEC (News - Alert) EUROPE LTD Odilia
GmbH ParkinGO International SA QPQ Limited QUANT NETWORK
LTD R3 LLC Raoof Consultancy Limited Repsol SA Riddle
& Code GmbH Ripple Labs Inc. RoyaltyRange (Intangible
Range Ltd.) S. ESTEBAN CONSULTING LIMITED SAP (News - Alert) SE Scrypt.Media SIA
S.p.A. slock.it GmbH Sovrin Foundation Stablecoin
Integration servies Danmark IVS Stichting FIBREE STOKR S.A. Summitto
B.V. SWIFT (Society for Worldwide Interbank Financial
Telecommunication) Tangany GmbH TechGDPR DPC GmbH Telefónica (News - Alert)
SA thinkBLOCKtank Unibright IT UG Volksbank Mittweida eG WE.TRADE
INNOVATION Yoti Ltd
About the IOTA Foundation
IOTA is a not-for-profit foundation incorporated and registered in
Germany. The IOTA Foundation's mission is to support the development and
standardization of new distributed ledger technologies (DLT),
specifically the IOTA Tangle. The IOTA Tangle is an innovative type of
DLT specifically designed for the Internet of Things (IoT) environment.
It is an open-source protocol facilitating novel Machine-to-Machine
(M2M) interactions, including secure data transfer, fee-less real-time
micropayments, and the collection and dissemination of sensor-based and
other data. www.iota.org
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