# Cardano Foundation joins European Commission’s blockchain initiative INATBA as founding member

By Shampa Mani

Canonical URL: https://www.tokenpost.com/news/technology/1519
Published: 2019-03-22T09:07:13.000Z
Updated: 2019-03-22T09:07:13.000Z
Section: Technology

> The Cardano Foundation, a Switzerland-based entity tasked with supervising the development of Cardano and its ecosystem, is joining the International Association for Trusted Blockchain Applications (or INATBA) as a fo…

The [Cardano Foundation](<https://cardanofoundation.org/en/>), a Switzerland-based entity tasked with supervising the development of Cardano and its ecosystem, is joining the [International Association for Trusted Blockchain Applications](<https://www.inatba.org/>) (or INATBA) as a founding member.

INATBA was [legally established](<https://tokenpost.com/Ripple-ConsenSys-and-IOTA-among-105-founding-members-of-ECs-blockchain-initiative-INATBA-1412>) in Brussels on March 06 with the notary deed signed by 105 founding members from industry, start-ups and small and medium enterprises, policy makers, regulators, civil society and standards-setting organizations.

Some of the founding members are Accenture, Ambrosus, Bitfury, COCIR, ConsenSys, FIBREE, Fujitsu, Gnosis, IOTA, JOLOCOM, Konfidio, Madana, Quant Network, Ripple, SAP, STOKR, and Unibright, [among others](<https://www.inatba.org/#members>).

“INATBA offers developers and users of DLT a global forum to interact with regulators and policy makers and bring blockchain technology to the next stage,” the website reads.

The Cardano Foundation [said](<https://twitter.com/CardanoStiftung/status/1108045479613485056>) that it will participate in the global forum that aims to maintain dialogues with regulatory authorities focused on the convergence of regulatory approaches to blockchain globally; promoting an open, transparent and inclusive global model of blockchain governance; supporting the development and adoption of interoperability guidelines, specifications and global standards; and developing sector-specific guidelines and specifications for the development and acceleration of trusted sectorial blockchain and DLT applications in specific sectors.

“The association's launch is a milestone in itself for blockchain technology adoption and the cryptocurrency industry. We are also honored and excited to bring Cardano into the cutting-edge discussions that are being built in Europe,” it [said](<https://forum.cardano.org/t/cardano/21420>) (via online translation).

INATBA’s first [General Assembly meeting](<https://twitter.com/COCIR/status/1103227698204368897>) will be held on April 03, which will include discussions on the initiative’s first priorities and a media event for its official launch.



## Links in this article

- [Cardano Foundation](https://cardanofoundation.org/en/)
- [International Association for Trusted Blockchain Applications](https://www.inatba.org/)
- [legally established](https://tokenpost.com/Ripple-ConsenSys-and-IOTA-among-105-founding-members-of-ECs-blockchain-initiative-INATBA-1412)
- [among others](https://www.inatba.org/#members)
- [said](https://twitter.com/CardanoStiftung/status/1108045479613485056)
- [said](https://forum.cardano.org/t/cardano/21420)
- [General Assembly meeting](https://twitter.com/COCIR/status/1103227698204368897)