Consensys and Ripple Labs join new EU blockchain association; backed by 105 members

A new EU blockchain association was launched yesterday with the aim to promote blockchain technology in Europe. The International Association of Trusted Blockchain Applications (INATBA) is planning a “predictable, transparent, and trust-based global framework” in order to foster blockchain adoption.

Its 105 founding members, including Ripple Labs, Consensys AG, and Bitfury, will support the development of interoperability of global standards as well as a transparent and inclusive model of governance, according to a press release.

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INATBA has a strong international backing—the European Commission, the World Bank, the OECD, UNI