Commissioner Mariya Gabriel and Director-General Roberto Viola to Host Digital Signing; IOTA’s Director of Social Impact and Public Regulatory Affairs Appointed to INATBA Board of Directors

Brussels, Belgium, April 3, 2019- IOTA Foundation, a non-profit foundation focused on distributed ledger technology (DLT) and permissionless ecosystem development, announced today 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 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 will be hosted by European Commissioner Mariya Gabriel, who will give a keynote speech, and Director-General Roberto Viola. The digital signatures will be 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. Watch the video of the digital signing here.

“Developing a regulatory framework around distributed ledger and blockchain technologies is essential to their widespread adoption and growth. We have established our own Public Regulatory Affairs team to lead this effort and are excited to be one of the founding members of INATBA. The strength and size of this association, as well as the support of the European Commission and other governments, only further shows the future limitless potential for Distributed Ledger Technologies,” said Dominik Schiener, co-founder and co-chair of IOTA Foundation.

The organizations named below have committed to INATBA’s goals of developing interoperability guidelines and standards, transparent and inclusive governance, and ongoing constructive dialogue with authorities and regulators. The organization believes this approach will be a significant driver of distributed ledger technology innovation and uptake.

As part of this collaborative approach, INATBA’s founders enshrined four goals:

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 technologies globally. 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 and uphold 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 organizations are asking other like-minded blockchain stakeholders to join INATBA and help drive the development and deployment of the technology across the globe. 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.

The founding organizations include:

21 Consulting GmbH

AB InBev (Anheuser-Busch InBev)

AboutGovernance B.V.

ACCENTURE

ACCORD PROJECT, LLC

ALASTRIA

ALIS Co., Ltd.

Ambrosus (Represented by Innolab Engineering SARL)

BANK FRICK & CO AG

Barclays Services Limited

BBFA LTD

BBVA (Banco Bilbao Vizcaya Argentaria, S.A.)

Berkeley Research Group (UK) Ltd. (thinkBRG)

Billon Group Ltd

Billon Sp. z o.o

Bitfury Holding B.V.

Blockchain Bundesverband e.v. (Bundesblock)

Blockchain Centre Vilnius

Blockchain Hungary Association

BLOCKCHAIN ITALIA SRL

Blockchance UG

Boerse Stuttgart Digital Ventures GmbH

BOTLabs GmbH

BPCE

BUIDL, Ltd.

Caisse des dépôts et consignations

CARDANO Stiftung

CASHLINK Technologies GmbH

Česká fintech asociace, z.s.

Chaintip B.V.

Climate Change Coalition (Novasphere)

COALA (Coalition d’Applications Légales Automatisées)

COCIR (COMITE EUROPEEN DE COORDINATION DES INDUSTRIES RADIOLOGIQUES ELECTROMEDICALES ET D’INFORMATIQUE DE SANTE)

COCUS Aktiengesellschaft

Coinarmy Bilisim Teknolojileri Ticaret Anonim Sirketi

COMPELLIO SA

ConsenSys AG

Datafloq B.V.

DECENT International, a.s.

DEON DIGITAL

Deutsche Börse AG

Deutsche Telekom AG

DIGITAL GRID Corporation

DLC Distributed Ledger Consulting GmbH

DNV GL Business Assurance Group AS

ECLIPSE FOUNDATION

ECSDA (European Central Securities Depositories Association)

EFN (FEDERATION EUROPEENNE DES ASSOCIATIONS INFIRMIERES )

ELECTRINA HOLDINGS DESIGNATED ACTIVITY COMPANY

ENGIE

ENTERPRISE ETHEREUM ALLIANCE INC.

ERTICO (European Road Transport Telematics Implementation Coordination Organisation)

EVAN GmbH

Everis Belgique

Fractal Blockchain GmbH

Fujitsu Technology Solutions

FUTURE ENERGY FOUNDATION LIMITED

Gnosis Limited

GuardTime AS

IBM BELGIUM

Intesa SanPaolo

IOTA Foundation

IPDB Foundation e.V. (Interplanetary Database Foundation e.V.)

iPoint-systems gmbh

ITALIA 4 BLOCKCHAIN

Jolocom GmbH

Konfidio UG

Kriptomat

Kunfud Cero Seis, SL

LEDGER

Lisk Stiftung

L’OREAL

Lukso Blockchain GmbH

LYNKEUS

MADANA UG

NEC EUROPE LTD

Odilia GmbH

ParkinGO International SA

QPQ Limited

QUANT NETWORK LTD

R3 LLC

Raoof Consultancy Limited

Repsol SA

Riddle & Code GmbH

Ripple Labs Inc.

RoyaltyRange (Intangible Range Ltd.)

S. ESTEBAN CONSULTING LIMITED

SAP SE

Scrypt.Media

SIA S.p.A.

slock.it GmbH

Sovrin Foundation

Stablecoin Integration servies Danmark IVS

Stichting FIBREE

STOKR S.A.

Summitto B.V.

SWIFT (Society for Worldwide Interbank Financial Telecommunication)

Tangany GmbH

TechGDPR DPC GmbH

Telefónica SA

thinkBLOCKtank

Unibright IT UG

Volksbank Mittweida eG

WE.TRADE INNOVATION

Yoti Ltd

About the IOTA Foundation

IOTA is a not-for-profit foundation incorporated and registered in Germany. The IOTA Foundation’s mission is to support the development and standardization of new distributed ledger technologies (DLT), specifically the IOTA Tangle. The IOTA Tangle is an innovative type of DLT specifically designed for the Internet of Things (IoT) environment. It is an open-source protocol facilitating novel Machine-to-Machine (M2M) interactions, including secure data transfer, fee-less real-time micropayments, and the collection and dissemination of sensor-based and other data. www.iota.org

CONTACT:

Cara Harbor

cara.harbor@iota.org