EU International Association of Trusted Blockchain Application has Started its Work

As it became known, the International Association of Trusted Blockchain Application (INATBA) was launched in Brussels. Its work will be aimed at bringing together blockchain projects, regulators and standard setting bodies and international organizations. INATBA will also work on distributing and integrating the blockchain technology to various spheres of human activity.

It should be noted that INATBA includes a huge amount (more than 100) of different large organizations Bitfury, IBM, BBVA, Accenture, L’Oreal, ConsenSys, SWIFT, Deutsche Telekom, Deutsche Borse, Intesa SanPaolo, R3, Ripple, IOTA Foundation, etc. All participants who decided to join the association have signed the corresponding declaration. It is also worth noting that already on the first day of the INATBA’s work, another 48 participants wanted to join it.

It means that the blockchain direction of development now has the official status in the EU. INATBA work should have a favorable effect on the development of the industry.

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