Advancing blockchain in the EU: INATBA welcoming LTO Network

Announcement Published on: Aug 01, 2019 Last updated: Dec 23, 2019

LTO Network is pleased to have become a member of INATBA. We are already collaborating within specific industry working groups. We hope to share our specialist knowledge, technical expertise and ideas on how to help the committee, and INATBA as a whole, deliver on its goals.

The International Association of Trusted Blockchain Applications, or INATBA, launched in April 2019 and consists of over 100 organizations operating in the digital ledger technologies space. The list includes IBM, SAP, Swift, as well as many other companies in the blockchain space and beyond.

It has the shared aim of establishing a regulatory framework to be adopted across the European Union, promoting adoption, collaboration and fostering wider usage of blockchain. It was launched by the European Union as part of its Digital Single Market initiatives.

We also welcome the opportunity to apply new learning and knowledge to our own Ecosystem V as further steps are taken to introduce compliance frameworks and industry best practice. We believe it is important to move forward the values of accountability and transparency without compromising privacy – which has been the mission of LTO Network since its inception.

"As we are already a committee member of ISO, helping shape blockchain industry standards, INATBA membership opens up even more opportunities and establishes us as a major European and global company and community."

Martijn Migchelsen, CFO of LTO Network

We are excited to be networking with other likeminded organizations and look forward to showcasing LTO Network, collaborating on future projects, interoperability and exploring potential new use-cases across Europe.

About INATBA: INATBA brings together industry, startups and SMEs, policy makers, international organisations, regulators, civil society and standard setting bodies to support blockchain and Distributed Ledger Technology (DLT) to be mainstreamed and scaled-up across multiple sectors.

We are excited to release this news and are looking forward to more collaborative work in the future. As LTO Network grows as a community and as a network, we have a lot of exciting updates to share. Make sure you follow us!

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ex-CMO of LTO Network