Governance Working Group

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Nathan Vandy


Ravindra Kumar



The Working Group supports INATBA in promoting a transparent and inclusive model of governance for blockchain and other distributed ledger technology infrastructures and applications that reflect the shared interests of stakeholders. These stakeholders include voices from industry players, start-ups and SMEs, civil society organisations and public authorities.

Objectives for 2021

The WG has agreed on three objectives around which it will carry out its annual work:

  • - Identify and share research related to blockchain governance in close collaboration with the AAB
  • - Define a taxonomy for governance structures of blockchains and reviewing impact of decentralisation on entity creation
  • - Identifying, sharing and contributing to best practices and guidance as well as sharing and driving policy focus & evolution in key areas through discussion and bringing together key players

Outputs for 2021

The Working Group engages in a number of activities to achieve the above-mentioned objectives. Among others, the Working Group is currently aiming to:

  • - Publish a paper in collaboration with the Interoperability Working Group and Standards Committee on interoperable DLT-based systems
  • - Respond to Wharton questionnaire on governance best practices on taxonomy structure
  • - Review research on blockchain governance for publication of report on key industry topics
  • - Collaboration with other Working Groups on bilateral calls, papers, events and research


The Working Group is following four main workstreams focused on different aspects of governance.

Workstream 1: Collaboration and assistance to other Working groups
Workstream 2: Governance research in liaison with the AAB
Workstream 3: Analysis of taxonomies
Workstream 4: Governance implications for decentralisation and entity creation

Why is it essential?

The Governance Working group is essential because, in order to foster a healthy development of blockchain/DLT networks and applications, it is important for all stakeholders (including everyone involved in a new network) to understand how such a network is governed and its wider impact. Yet, there is currently a lack of guidance regarding this topic, which is influenced by multidisciplinary fields including economic, social, legal and technical considerations.


  • Country

Yong Jae Kwon

Tendermint is a core contributor to the Cosmos Network, building the most powerful tools for distributed networks. Tendermint empowers people to create a transparent and accountable world through open, distributed, and interoperable networks.

Vasilis Charalambous

George Z. Georgiou & Associates LLC is an award-winning, Cypriot law firm undertaking work in the fields of: Arbitration; Banking & Compliance; Commercial; Corporate & Tax; Data Protection; Employment & Pensions; Intellectual Property & Media; Litigation & International Commercial Litigation; Real Estate & Construction; and all other areas of Cypriot law.

Silke Elfrifai

Gnosis builds new market mechanisms to make this future possible. Through decentralized platforms on the Ethereum blockchain, they enable the distribution of resources—from assets to incentives, and information to ideas—at individual, societal, and global scales.

Ravindra Kumar

INCRREDA is passionate about helping businesses to fulfil their potential by encouraging them to embrace the innovative and disruptive Blockchain DLT technology platforms. They have been working continuously on most demanding use cases in industries – Trade Finance, P2P Energy Trading & Healthcare. It would optimise existing infrastructure estate to support the growing business demand and bring operational cost significantly down for medium and large businesses.

Fabrice Croiseaux

INFRACHAIN is a privately driven non-profit organization with public sector support created by the emerging Blockchain-industry. They are a cross-industry effort aiming to push the adoption curve of blockchain by sharing expertise, participating in blockchain projects, disseminating information on operational blockchain use cases and creating an international ecosystem. INFRACHAIN is a Blockchain community and focus on issues allowing Blockchain applications to become operational in the current regulatory environment.

Julie Anne Bratten Maupin

IOTA Foundation is a non-profit organization and creator of the Tangle, a permissionless, multi-dimensional distributed ledger, designed as a foundation of a global protocol for all things connected. Led by a team of talented developers and passionate industry experts, IOTA developed an advanced ledger that moves beyond Blockchain to effectively address the challenges of scalability, energy resource requirements and data security, as well as transaction fees.


Jolocom creates solutions for the future of digital identity. They believe everyone and everything capable of having a self-sovereign identity should be able to freely communicate and share information with each other.

Guido Schmitz-Krummacher

The Lisk Foundation was established 2016 in Zug, Switzerland and since then oversees the development and promotion of the Lisk blockchain application platform.

Mirko de Malde

Lynkeus is a strategy consultancy firm focused on the design and implementation of advanced IT solutions in the biomedical sciences and beyond. Founded in 2001, it has acquired specific expertise in the conception and management of EU-funded projects ranging from artificial intelligence, advanced analytics, blockchain, privacy-enhancing solutions, mixed reality, secure computation, and synthetic data. Its team of IT and biomedical scientists, project managers, lawyers, experts in public policy and science communication, works at the intersection of ethics, law and medical technologies, developing innovative, scalable and compliant systems.

Wim Stalmans

The Blockchain Academy partners with the leading universities throughout the world to provide blockchain education to close the skills gap and stir innovation. They work with certification bodies, experienced instructors, incumbent and startup employers, professional associations and top institutions to power skills-based training programs that prepare today’s workers for tomorrow’s jobs.

Alexandru Stanescu

The Luxembourg-based NPO aims to establish one single regulated European market in regards to blockchain related issues that is competitive to other jurisdictions without lacking a very high standard of security and trust. Over 40 lawyers, tax advisors, auditors & other professionals from over 15 European countries are working together to shape the future for the better.


Yoti began in 2014 by building a free consumer app that puts the ID on phones. The Yoti app is designed with privacy at its core, giving individuals a safe way to share personal details with businesses and individuals. Today, Yoti has over ten million app downloads around the world. They have expanded their offering to a suite of business solutions that span identity verification, age estimation, e-signing and AI anti-spoofing technologies.