EC-supported blockchain initiative INATBA to launch working groups on identity, finance and more

The International Association for Trusted Blockchain Applications (INATBA) held its first general Assembly meeting on Wednesday, June 05.

Supported by the European Commission (EC), INATBA was officially launched in April with the notary deed signed by 105 founding members.

The initiative aims to bring together various stakeholders – from industry, startups, and SMEs, to policymakers, international organizations, regulators, civil society and standard-setting bodies, to support the mainstream adoption of blockchain and Distributed Ledger Technology (DLT) across multiple sectors.

“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,” the EC says on its website.

In a tweet, Dr. Julie Maupin, Director OF Social Impact & Public Regulatory Affairs at IOTA Foundation, announced that INATBA will soon launch its first working groups focused on areas including mobility, energy, supply chain, identity, healthcare, and finance, among others.