Luxembourg

Behind the scenes of the INATBA working groups

Inside INATBA blog post visual cropped

On March 4, members of the Infrachain community were invited to a unique presentation of the internal blockchain ecosystem INATBA for exclusive insights into its working groups.

The International Association of Trusted Blockchain Applications (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. To unlock the full transformational potential and harness the benefits of blockchain and DLT for businesses, the public sector and society at large, INATBA has established several working groups.

Aiming to give exclusive insights into the work of the INATBA’s working groups, Infrachain hosted a webinar centered around its members who shared their experience on their participation in the working groups.

To mark the occasion, Marc Taverner, Executive Director of INATBA was invited to deliver special introductory words where he discussed the different working groups’ published papers and their future projects such as the Education group, “Education is something that’s taken a big focus on at INATBA as we were very successful in securing funding from the European commission part of Erasmus project, together with other 25 other partners. INATBA has a leading role in a four-year project that will seek to define the skills strategy related to blockchain for Europe.”

The introduction was followed by an overview of the Education working group presented by Wim Stalmans, Founding Partner of The Blockchain Academy®, where he talked about the working group’s past and future activities. “The core activity of 2020 has been the production of a positioning paper on blockchain education where we analyzed the current state of blockchain education but also the needs in terms of where companies and organizations’ stakeholders stand today in terms of digitalization,” he explained.

Thomas Campione, Blockchain & Crypto-assets Leader at PwC Luxembourg, explained what the Finance working group is doing, why he joined it and the future projects of the group. “We have numerous policy initiatives upcoming, lots of work to do on the Mortgage Lending and Administration Return (MLAR), the UK regulatory approach on Crypto and stable coins that the group is looking at and commenting. We also have an upcoming event agenda including speaker slots for INATBA members,” he concluded. Jed Grant, CEO of KYC3 who also works on the financial working group stressed the great involvement of the INATBA contributors and their involvement in events.

The next session was presented by Roger Tafotie, PhD, Advisor & Researcher at The Blockchain Academy® and Iulian Nita, PhD, Manager, Technology HUB and Blockchain Architect at Grant Thornton who shared their insights on the Governance and Interoperability working group. Tafotie introduced the mission of the Governance working group, its structure and the objectives and targeted outputs for 2021. “The Governance working group promotes a transparent and inclusive model of governance for Blockchain and other DLT infrastructures and applications by, for example, contributing to the development of transparent and inclusive models of governance for Blockchain/DLT networks,” he explained. Nita then talked about the mission, objectives and activities of the Interoperability working group, “Our main objectives are to identify the challenges facing Blockchain Interoperability both technical and governmental, identify possible solutions to interoperability and establish a link with the different governing bodies on standards.”

The presentation of the Identity working group was delivered by Stalmans where he notably mentioned the positioning paper: “Decentralised Identity: What’s at Stake?”, as well as presenting the upcoming activities of the group. “The working group plans to work on the collaboration with the INATBA standardization committee,” he added.

The last session about the Privacy working group held by Grant included past publications such as the “Impact of Data Protection Regulations on the Blockchain Ecosystem” in addition to a publication about privacy around the world. “We continue to focus on privacy relevant matters so we’ve been requested to focus on the privacy text,” Grant concluded.

The webinar was part of a series of events only open to Infrachain members. Interested companies that which to join Infrachain can contact the team or directly submit their adherence request online.