Digital economy
#DigitalSingleMarket - Global blockchain association launched
A new international association with the aim of encouraging the global governance and development of blockchain technology was launched this week in Brussels.
Speaking ahead of her keynote speech to the inaugural meeting of the International Association for Trusted Blockchain Applications (INATBA), Mariya Gabriel, Commissioner for Digital Economy and Society, said: “Europe must make more of technological innovation and blockchain technology is an innovation that Europe cannot afford to miss. As digital services become increasingly widespread, we need to be able to trust their security and reliability, and blockchain offers myriad possibilities in this regard. We have an opportunity to develop an inclusive partnership that will help it flourish. This is why I welcome the ambitious goals of INATBA, to bring together a wide range of stakeholders on blockchain and distributed ledger technologies in general to work together with global policy institutions to develop a governance structure that works for everyone.”
In 2018, the European Commission launched the European Blockchain Partnership, in order to develop a European Blockchain Services Infrastructure that will support the delivery of cross-border digital public services, with the highest standards of security and privacy, as well as the EU Blockchain Observatory and Forum, with the support of the European Parliament. Blockchain technology is also a key part of the FinTech Action Plan as well as of the priorities for the Digital Europe Programme. For more information, see this factsheet.
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