Billon and 100+ organisations announce INATBA: the International Association of Trusted Blockchain Applications

European Commissioner Mariya Gabriel and Director-General Roberto Viola attend the launch event.

(Warsaw / London, April 4, 2019) 105 organisations representing the full distributed ledger technology (DLT) ecosystem, today announced their commitment to a new platform, theInternational Association of Trusted Blockchain Applications.  Launched with a ceremonial digital signing at the European Commission headquarters in Brussels, INATBA will promote the use of blockchain technology by developing a predictable, transparent and trust-based global framework.

Hosted at the European Commision Headquarters, the signing ceremony included a keynote speech from the European Commissioner for Digital Economy and Society, Mariya Gabriel and remarks from Director-General Roberto Viola. Following this, INATBA members signatures were hashed on several distributed ledgers to formally launch the organisation.

“We are thrilled to see that over 100 companies and organizations have partnered together to help develop the framework for distributed ledger technologies in Europe,” said Mariya Gabriel, European Commissioner for the Digital Economy and Society. “It clearly signifies that blockchain technology will be a driving force for our economy in the coming years, and through INATBA we will be able to foster an environment that encourages the application of the technology across the EU member states.”

This initiative also has the strong support from leading international organisations. The European Commission, the World Bank, the OECD, the UN World Food Program, UNFCCC,UNICEF, the European Investment Bank, the European Bank for Reconstruction and Development and the OECD have joined INATBA's Governmental Advisory Board. All EU Member States and the European Blockchain Partnership are expected to join as governmental advisors.

The initiative for INATBA came from several participants in the EU Blockchain Industry RoundTable, a European Commission hosted group, which has been working to identify the right conditions for blockchain technologies to flourish. The announcement by major blockchain providers, large-scale users, start-ups and business and sectoral associations is a clear endorsement of the role INATBA will play in unlocking the potential of DLT across business and society. The organizations listed below have declared their commitment to develop interoperability and sector-specific guidelines and standards, transparent and inclusive governance and ongoing constructive dialogue with authorities and regulators, to ensure that INATBA will be a significant driver of blockchain innovation and adoption internationally.

INATBA has mandated itself with the following chief objectives:

1. 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.
2. 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.
3. Develop sector-specific guidelines and specifications for the development andacceleration 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. These 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 (European Coordination Committee of the Radiological, Electromedical and
• Healthcare IT Industry)
• 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)
• EVAN GmbH
• Everis Belgique
• Fractal Blockchain GmbH
• Fujitsu Technology Solutions
• FUTURE ENERGY FOUNDATION LIMITED
• Gnosis Limited
• GuardTime AS
• IBM
• 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 UGNEC 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 GmbH
• Volksbank Mittweida eG
• WE.TRADE INNOVATION
• Yoti Ltd

About Billon

Billon created the first enterprise DLT system, unifying national currency transactions, document management, and identity management into a single architectural system. We first solved the challenge of transacting micropayments at scale, and we also now encrypt documents and data on-chain, unleashing the transformational capacities of DLT in the regulated world. Billon’s high-performance DLT system is designed to deliver tangible business results in the areas of Account & Transactions, Trusted Documents, and Identity & Data Sharing.

Billon was founded in the UK in 2015, following several years of R&D in Poland. Its unique DLT protocol has been supported by many R&D grants, including the EU Horizon 2020 program. Billon is licensed to issue electronic money by regulators in the UK and Poland and employs a global team of more than 80 professionals in its two offices in London and Warsaw. 

Billon actively works to implement its technology commercially with leading business partners, such as FIS in the US and BIK (the Polish credit office) in Poland. In 2018, the company won the Global FinTech Hackcelerator competition at the Singapore FinTech Festival, showcasing a solution to zero-cost blockchain micropayments. Billon is currently taking part in the Elevator Lab accelerator by Raiffeisen Bank International, working on e-money transactions with digitised euro on DLT.

For more information, visit www.billongroup.com

Media contact:

Maciej Józefowicz

Head of PR & Communication

maciej.jozefowicz@billongroup.com 

tel. 0048 734 443 023