Blockchain announcements

A new and essential collaboration platform for blockchain

Share this post:

Since the company’s founding over 100 years ago, we at IBM have believed that collaboration is key to the successful nurturing and development of any new technology. Blockchain is no different.

Not only do we need collaboration on developing blockchain technology like the Linux Foundation’s Hyperledger Fabric, but we also need open, accessible collaboration on areas such as developing transparent and inclusive governance protocols for blockchain, establishing global guidelines for interoperability, and more.

I am pleased to announce that, together with other blockchain providers, large-scale users, start-ups, and business and industry sector associations, IBM is today joining a new organization, the International Association of Trusted Blockchain Applications (INATBA), dedicated to promoting the use of blockchain technology by developing a predictable, transparent and trust-based global framework.

Learn more about blockchain today

The initiative for INATBA came from several participants in the EU Blockchain Industry Round Table, including IBM. From the beginning, we realized that for blockchain to reach mainstream adoption, it would need a global policy framework to guide its innovation and adoption. We saw that the blockchain ecosystem needed a unified voice to feed into that global framework. Hence, with the valuable support of the European Commission, INATBA was born. The organization was launched this week at an event in Brussels hosted by the European Commission with guest speaker Mariya Gabriel, European Commissioner for Digital Economy and Society.

We at IBM believes that blockchain will do for trusted transactions what the internet did for the free flow of information. For our enterprise clients, confidentiality and security are two foundational elements of any blockchain, and we continuing to innovate in these core areas.

Our large scale, production blockchain networks such as IBM Food Trust and are already benefitting from our security and confidentiality innovations, and are a testament to the enterprise-readiness of blockchain networks. We welcome the launch of INATBA and the work it will undertake to contribute to government policy that will build trust in blockchain. We look forward to working together with other INATBA partners to guide the organization’s work on trust and transparency.

As we embark on this next phase of the blockchain journey, I would encourage other organizations from the blockchain ecosystem to join us. 

A final word of thanks to the European Commission for its support for INATBA. We are looking forward to working together to build an international framework in which blockchain will flourish.

Learn how industries are revolutionizing business with IBM Blockchain

Blockchain Thought Leader Europe - Global Business Services

More Blockchain announcements stories

Under FSMA Rule 204(d), digital traceability can save lives by saving food supplies

An oft-overlooked clause of the US FDA’s Food Safety Modernization Act (FSMA) has the potential to drive global change in the way we sustainably source our food, providing a blueprint for governments around the world on how to create a lasting impact through regulation: digital traceability. In order to adequately and sustainably feed the world’s […]

Continue reading

Progressing supply chain resiliency

Managing a complex supply chain is challenging at the best of times. Since 2020, the coinciding forces of the COVID-19 pandemic, geopolitical turmoil, and trade conflicts have caused unprecedented disruption to global supply chains, underscoring the need for proactive approaches and clear plans to mitigate risk and improve resiliency. Supply chain resiliency is characterized by […]

Continue reading

Modernizing seaport logistics with a secure blockchain solution

Have you ever thought about the complexity behind operations at a maritime port? The port ecosystem is enormous and involves a huge number of different stakeholders and entities. Each port’s daily logistics include retailers, freight forwarders, carriers, consignees, port authority, container terminals, shippers, shipping agents and more. Unfortunately, every one of these operators usually has […]

Continue reading