June 27, 2019

Cardano Foundation joins five INATBA working groups to facilitate the ecosystem

The Cardano Foundation has joined the International Association of Trusted Blockchain Applications’s (INATBA) five working groups to shape legislation and commercial standards to provide stakeholder accountability.

As a founding member of INATBA, the Foundation along with other members provide developers and users of DLT an international forum to cooperate with policymakers and bring the blockchain technology to the next stage.

The Cardano Foundation has now joined the following working groups – Education, Finance, Identity, Mobility and Privacy. The Foundation expects the joint output of these groups will help shape legislation and commercial standards in the blockchain industry, as well as facilitate partnerships for Cardano.

Each of the groups help shape the dialogue between policymakers, industry leaders and regulators. The working groups aim to solve specific problems in the application of blockchain technology by developing educational programs, engaging with financial markets regulators, improving transparency and privacy while establishing the value chain in transportation sector such as Mobility as a Service, Smart cities, and autonomous driving.

About the International Association of Trusted Blockchain Applications (INATBA):
INATBA offers developers and users of DLT a global forum to interact with regulators and policymakers that will contribute to the convergence of regulatory approaches to blockchain and other DLT globally which brings blockchain technology to the next stage. The promotion of an open, transparent and inclusive global model of governance that reflects shared interest of all participating stakeholders is at INATBA’s core. Find out more: https://inatba.org/

About the Cardano Foundation:
The Cardano Foundation is an independent body based in Zug, Switzerland, with core responsibilities to help oversee and supervise the development of Cardano, the world’s first third-generation blockchain, and its ecosystem. The Foundation is committed to protecting and promoting Cardano, the first blockchain platform developed for smart contracts using a scientific philosophy, and to advocate on behalf of the users and community of the protocol. The Foundation works alongside Input Output HK (IOHK), who are contracted to design and build Cardano, and EMURGO, the for-profit arm working to boost the Cardano ecosystem through commercial ventures. The three entities are wholly separate in governance, ownership and leadership. Find out more: www.cardanofoundation.org

Read more:

Artwork: Nasa