(Brussels, 28 May 2020) - CargoX, the maker of the CargoX Platform for Blockchain Document Transfer (BDT), has joined the INATBA global blockchain association, to contribute in the joint effort to empower companies for better, safer and transparent global business by harnessing blockchain technology.
INATBA brings together industry giants, startups and SMEs, policymakers, international organizations, regulators, civil society, and standard-setting bodies to support the mainstreaming and scaling up of blockchain across multiple sectors. The non-profit organization is focused on maintaining a permanent and constructive dialogue with public authorities and regulators that will globally contribute to the convergence of regulatory approaches to blockchain and other distributed ledger technology.
The association is actively developing sector-specific guidelines and specifications for the development, adoption, interoperability, and acceleration of trusted sectorial blockchain applications in various sectors of global industries to enhance trusted, traceable, and user-centric digital service.
INATBA promotes an open, transparent, and inclusive global model of governance for blockchain and other distributed ledger technology infrastructures, one that reflects the shared interests of stakeholders.
CargoX has developed the CargoX Platform for Blockchain Document Transfer to provide contactless, secure, fast, and cost-efficient original document transfer in supply chain and adjacent industries, such as trading, manufacturing, finance, energy, services, regulators, and governmental agencies. The platform lets companies avoid manually handling heaps of shipping and business paper documents. The CargoX Platform is built atop the open, neutral Ethereum public blockchain.
“INATBA is proud to welcome CargoX to our growing association at a critical time in the development of blockchain and DLT technologies,” said Marc Taverner, executive director of INATBA. “Our association convenes critical conversations and debates around the future growth of the technologies, welcoming key stakeholders from government, business, and academia. CargoX will provide a valuable perspective that will help us achieve our ambitious goals.”
"No company can take on the digitalization challenges of the global trade and supply chain by itself - the times of single vendor business verticals are over. We aim to contribute with our technology and knowledge to the construction of a reliable and trustworthy business operational stack for the future. It is essential that strong participants in the market coordinate on approaches to moving forward, and to setting a unified vision of an open, transparent, flexible, and safe business environment," said Stefan Kukman, CEO and founder of CargoX.
INATBA has recently launched a COVID Task Force in partnership with governments, academics, and industry experts to identify deployable technology solutions that address the global challenges caused by the effects of Covid-19.
Among the members of INATBA you will find companies such as AB InBev, Accenture, Barclays Services Limited, Berkeley Research Group (UK), Blockchain Bundersverband, Blockchain Center Vilnius, Blockchain Hungary Association, Blockchain Italia, Blockchain Xdev, ConsenSys AG, Crypto Valley Association, Deutsche Bahn AG, Deutsche Börse AG, Deutsche Telekom AG, Dutch Blockchain Coalition, ECSDA, Energy Web Foundation, European DIGITAL SME Alliance, Frankfurt School of Finance and Management GmbH, Fujitsu Technology Solutions, GuardTime AS, Intesa SanPaolo, Ledger, L’Oreal, NEC Europe Ltd, Siemens, SWIFT (Society for Worldwide Interbank Financial Telecommunication), Telefonica SA, The British Blockchain Association, Volksbank, VeChain, and more.
More about INATBA