• Sun, 26 May 2019, 01:34 AM
  • All times are UTC
  • Edition:
    International
Link copied

European Commission to launch International Association for Trusted Blockchain Applications in April

Image via Twitter (Pēteris Zilgalvis)

Mon, 04 Mar 2019, 12:18 pm UTC

The European Union has formed the “International Association for Trusted Blockchain Applications” (or INATBA) as part of its efforts to support blockchain and distributed ledger technology (DLT) in overcoming barriers to scale.

At the EU Blockchain Industry Roundtable, which took place on 20 November 2018, the European Commission (EC) welcomed the announcement of the formation of the INATBA by several participants.

INATBA will serve as a global forum that will bring together industry, startups and SMEs, policy makers, regulators, civil society and standard setting bodies. The EC said:

“The new association will work closely with the European Commission and with Member States grouped within the European Blockchain Partnership in supporting interoperability, developing specifications, promoting standards and regulatory convergence to support the development and exploitation of innovative blockchain technologies.”

More than 70 partners around the world, including ConsenSys, IOTA, Unibright, RoyaltyRange, MADANA, STOKR, and others, have already joined the initiative.

The European Commission has listed the key focus areas of INATBA, which includes maintaining dialogues with regulatory authorities to contribute to the convergence of regulatory approaches to blockchain globally; promoting an open, transparent and inclusive global model of governance for blockchain; supporting the development and adoption of interoperability guidelines, specifications and global standards; and developing sector-specific guidelines and specifications for the development and acceleration of trusted sectorial blockchain and DLT applications in specific sectors

According to the online post, INATBA will be set up as an independent association in Brussels, Belgium and will operate on a global scale. It is expected to be officially launched on April 03, 2019.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $8,038.51 (+0.23%)
  • Ethereum (ETH) $251.55 (+0.37%)
  • XRP (XRP) $0.385500 (-0.19%)
  • Bitcoin Cash (BCH) $405.18 (-1.21%)
  • Litecoin (LTC) $102.86 (+2.69%)
  • Bitcoin (BTC) $8,038.51 (+0.23%)
May 24, 2019 (Friday)
12:18
Crypto Technicals: ETH/USD retraces above 1H 200-SMA, 'Hammer' on daily charts signals further gains
10:50
German engineering giant Bosch trials Ethereum blockchain
10:39
Crypto Technicals: BTG/USD grinds higher along 21-EMA, breakout at 61.8% Fib (25.74) will accentuate gains
09:33
Bank of Russia to review proposal on gold-backed cryptocurrency
09:17
Blockchain software firm Unstoppable Domains raises $4M from Draper Associates, Boost VC
08:45
Crypto Technicals: LTC/USD bounces off 21-EMA support, next bull target $109
08:45
Robinhood Crypto is now in New York
07:27
Facebook to launch its cryptocurrency 'GlobalCoin' in Q1 2020: Report
07:25
California resident sued for alleged $26M crypto Ponzi scheme
06:33
AT&T teams up with BitPay to become the first telecom to accept cryptocurrency payments
06:16
Rep. Swalwell accepting bitcoin donations in bid for US presidency
06:10
Grayscale receives FINRA approval to open Ethereum Trust to individual investors
05:12
Indian telco Airtel selects IBM for blockchain-based pan India anti-spam call solution: Report
05:07
Binance CEO CZ seeks compensation for reputational damage from Sequoia
04:06
Overstock.com’s blockchain subsidiary signs MOU with Lusaka city to develop land governance platform
03:57
Toyota, University of Tokyo, TRENDE to start testing blockchain-based electricity trading solution
03:14
Russia's NSD to roll out security token blockchain in June
May 23, 2019 (Thursday)
12:15
Crypto Technicals: IOT/USD holds 21-EMA support, retrace till 0.3185 (200-DMA) likely on break below
12:11
Coinstar extends bitcoin buying service to 21 US states
11:38
Crypto Technicals: BTC/USD bounces off session lows with 'Hammer' formation, bias neutral
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft