IOTA becomes founding member of International Association of Trusted Blockchain Applications- INATBA

IOTA Foundation, a non-profit foundation focused on distributed ledger technology (DLT) and permissionless ecosystem development, announced 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 2019 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 was hosted by European Commissioner Mariya Gabriel, who gave a keynote speech, and Director-General Roberto Viola. The digital signatures were 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.

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

IOTA becomes founding member of International Association of Trusted Blockchain Applications- INATBA

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Kane Dane