In late 2018, iPoint CEO Joerg Walden as well as several other industry leaders and innovative start-ups in the blockchain field were invited to participate in the EU Blockchain Roundtable “Bringing industries together for Europe to lead in blockchain technologies”.
One result of this event, which represents an important step towards creating a European community to support the deployment of blockchain in the European Union, was the announcement of the establishment of an “International Association for Trusted Blockchain Applications (INATBA)”. Multiple participants, including iPoint, have agreed to work together with governments and the European Commission to support the development of blockchain technology. Blockchain and distributed ledger technologies (DLT) have the potential to enable more decentralized, trusted, traceable, user-centric digital services and stimulate new business models, which benefit society and contribute to sustainable economic growth.
Based in Europe, the new association will be open to any organization worldwide willing to work on the deployment of blockchain and DLT to transform digital services. INATBA aims to achieve the following goals:
1. 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 technology globally.
2. 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.
3. Support the development and adoption of interoperability guidelines, specifications and global standards, to enhance trusted, traceable, user-centric digital services. Upholding an open, transparent and inclusive method of multi-stakeholder cooperation.
4. 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).
iPoint is very excited to be a founding member of INATBA. Join us and this great new association and help us lay the foundations to allow these transformative technologies to realize their full potential. Simply send an email to "CNECT-EUBLOCKCHAIN(at)ec.europa.eu" to learn how your organization can get involved to boost innovation and exploitation of blockchain technology.