Blockchain group INATBA reiterates concerns over proposed European
European Commission initiated the creation of the Blockchain Trust Association (INATBA), It is recommended to unite developers, commercial and government agencies for the implementation and promotion of the distributed registry in various fields of activity..
During the official opening ceremony in Brussels, charter signed by over 100 members of the group. The participants included such companies as IBM, Accenture, L’Orea, SWIFT, as well as Barclays and BBVA banks. Among the representatives of the crypto industry who have joined the association are Bitfury, ConsenSys, R3, Ripple and IOTA…
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The organization will deal with the emerging Ensuring cooperation between the public and private sectors, will conduct a dialogue with regulated and politicians, as well as the unity and transparency of the block-infrastructure.
Attending the event, the European Commissioner for Economic Affairs and Society Maria Gabriel said that in the modern economy all the time remains to authenticate each other, but in order to fight cancer, renewable energy and authenticate goods, the subjects must trust each other without meeting in person, and this can be achieved using blockchain.
The organizers also noted that at the time of signing the charter, 48 more organizations have applied for membership in INATBA. Despite the global distributed ledger system, European Banking is still suspicious of cryptocurrencies, as a report has now been published recommending a comprehensive assessment of cryptocurrencies, exploiting their potential areas and applications at the EU level..
text: Ivan Malichenko, photo: straitstimes, global24news