DNV GL announced that it joined INATBA, the International Association of Trusted Blockchain Applications. This is an EU backed initiative, aiming to establish a framework that will enable blockchain to flourish.
The members of INATBA aspire to promote an open and transparent governance model that serves stakeholders in the private and public sectors. Namely, the initiative has the following main objectives:
- Promote an open, transparent and inclusive global model of governance for blockchain and other distributed ledger technology infrastructures and applications. A model that reflects the shared interests of stakeholders from industry, start-ups and SMEs, civil society organizations, governments and international organizations;
- Support the development and adoption of interoperability guidelines, specifications and global standards, to enhance trusted, traceable, user-centric digital services. Upholding an open, transparent and inclusive method of multi-stakeholder cooperation;
- Develop sector-specific guidelines and specifications for the development and acceleration of trusted sectorial blockchain and DLT applications in specific sectors (i.e.financial services, health, supply chain, energy and financial inclusion).
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DNV GL has already used blockchain based solutions, like ‘My Story’, powered by VeChainThor. This solution tells the verified history of a product.
Providing a comment on DNV GL joining INATBA, Luca Crisciotti, CEO of DNV GL-Business Assurance, said that:
Blockchain is an inherently transparent technology that is already enhancing many of our verification and certification processes. Establishing INATBA will facilitate an open dialogue between stakeholders and establish a framework that documents best practices, which will build society-wide confidence in blockchain. We look forward to engaging with partners across the entire blockchain ecosystem
