Dublin, Ireland, 4th April 2019 — Europagrid supports the inauguration of the International Association of Trusted Blockchain Applications through its affiliate company Electrina. More than 100 organisations announced their commitment to the new distributed ledger technology ecosystem, the International Association of Trusted Blockchain Applications.
INATBA was formed to promote the use of blockchain technology by developing a predictable, transparent and trust-based global framework, and it was launched with a ceremonial digital signing at the European Commission headquarters on 3rd April. The signing included a keynote speech from the European Commissioner for Digital Economy and Society, Mariya Gabriel and remarks from Director-General Roberto Viola.
INATBA has mandated itself with a number of chief objectives:
- 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.
- 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.
- 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). The organisations now call on other like-minded Blockchain stakeholders to join INATBA to drive the development and deployment Blockchain across the globe.
Europagrid is a specialised developer of cross-border transmission projects and energy internet grid technology. These projects help to connect renewable and carbon-free generation sources to key markets.
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