Ripple, ConsenSys and IOTA among 105 founding members of EC’s blockchain initiative ‘INATBA’

The International Association of Trusted Blockchain Applications (INATBA) has been legally established in Brussels on March 06.

In a tweet, Pēteris Zilgalvis, head of start-ups and innovation, at the European Commission (EC), announced that the notary deed to create the INATBA was signed by 105 founding members.

The initiative has been in the works since November 2018 when the EC welcomed the announcement of the formation of the INATBA by several participants at the EU Blockchain Industry Roundtable. It has grown to 105 founding members from the previously reported 70 members, signifying the growing interest in blockchain technology.

The founding members include a number of micro, small, medium and large scale enterprises, as well as non-profit organizations. This includes Ripple, Gnosis, ConsenSys, IOTA, Unibright, RoyaltyRange, Kriptomat, MADANA, STOKR, FIBREE, COCIR, and others.

In a tweet, COCIR shared the roadmap of the INATBA for the second quarter of 2019. According to the details, the first General Assembly meeting will be held on April 03, followed by a Board and Taskforce meeting on May 22, and the second General Assembly meeting on June 05, 2019.