Brussels, 18 November 2020 – StandICT.Eu 2023, the ICT Standardisation Observatory and Support Facility in Europe, and INATBA (International Association for Trusted Blockchain Applications), are joining forces with an MoU with the goal of bringing more European insights from the blockchain community to the European ICT Standards.

StandICT.eu 2023’s mission is twofold: the first objective is to fund European ICT experts through a series of Open Calls to participate in international Standardisation Developing Organisations Working Groups covering topics such as 5G and fixed networks, IoT, Cybersecurity, Data, Cloud Computing, Quantum Technologies, AI, Blockchain, Industry 4.0, ITS/Automating driving, FinTech/Financial Services and eHealth, etc.

INATBA (International Association of Trusted Blockchain Applications) brings together industry, startups and SMEs, policy makers, international organisations, regulators, civil society and standard setting bodies to support blockchain and DLT to be mainstreamed and scaled-up across multiple sectors. Furthermore, INATBA promotes the usage of blockchain technology by developing transparent and trust-based global frameworks across several sectors including privacy, identity, governance, supply chain, and more.

StandICT.eu sees its liaison with INATBA beneficial through support to the interactive discussion forum in the form of a European Observatory for ICT standardization- #EU-OS, where the project hopes to move all actors to open new topics and discussions through this open shared space to enhance Europe’s competitiveness. INATBA’s expertise in the blockchain sector will deliver value insights to the the #EU-OS and StandICT.eu’s standards community.

StandICT.eu 2023 has recently rolled The First Of 10 Open Calls that will run until the next 4th January 2021. Its leading topic, “ICT for Healthcare” has been chosen as key-priority due to the critical importance of the COVID-19 pandemic. Applicants may apply for any other ICT domains as defined in the 2020 Rolling Plan on ICT Standardisation and in the Digital Europe Programme.

Blockchain & Distributed Ledger Technology are further priorities in this list. The European Commission is supporting blockchain on the policy, legal and regulatory, and funding fronts (the European Blockchain Partnership is a clear example of this approach). At the same time, the EC interacts with the private sector, academia and the blockchain community, which INATBA will also help facilitate as part of this MOU.

Commenting on the signing of the MoU, CEO Trust-It and StandICT.eu 2023 Project Coordinator Silvana Muscella said: “Having the direct channel with INATBA will allow us to be up to date with all challenges, gaps and priorities in the Blockchain community and help us shape our Open calls accordingly in the coming months, we can also guide those EU projects working on these topics to liaise with INATBA to ensure R&D investments are being taken up efficiently.

INATBA Executive Director Marc Taverner added: “We are looking forward to our work with StandICT.eu 2023 to expand the knowledge base of blockchain and digital asset technologies to more experts and decision-makers across the European Union. This is a critical time for blockchain and crypto-asset companies and we are honored to partner with StandICT.eu to ensure that investments, resources and expertise are widely available to help promote the growth of these world-changing technologies.

This memorandum intends to establish a trustworthy collaboration between StandICT.eu 2023 and INATBA, by ensuring mutual benefits. On the one hand, StandICT.eu 2023 can represent a valuable opportunity for the European Blockchain community to benefit of financial help to bring their Standardisation efforts and activities forward in the Blockchain landscape, while on the other hand, INATBA will contribute with valuable insights to the successful development and deployment of the #EU-OS  European Observatory from 2020 to 2023, bringing to the table the unaddressed priorities, challenges and needs of the Blockchain sector.

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About StandICT.eu 2023

StandICT.eu 2023 runs from the 1st of September 2020 for a period of 36 months. The Consortium of Partners includes Trust-IT SRL (Coordinator), Dublin City University and Australo Interinnov Marketing Lab SL. The StandICT.eu 2023 project has received funding from the European Union’s Horizon 2020 – Research and Innovation programme – under the grant agreement no. 951972.

About INATBA

INATBA is the leading convener in the global blockchain ecosystem, offering developers, companies, and users of blockchain/distributed ledger technology a forum to interact with regulators and policymakers and bring blockchain technology to its next stage. INATBA currently has 167+ active nonprofit and enterprise members and is advised by more than 40 academic institutions and 23 governmental organisations and agencies from 15 countries across Europe, North America, Africa, and Asia. INATBA often issues research and commentary on blockchain regulation and policy from its 14 workgroups spanning finance, governance, education, healthcare, identity, climate action, and more. The mission of INATBA is to develop transparent and inclusive governance and cooperation models for blockchain applications, to inform policy and regulatory measures that may contribute to harnessing the many opportunities of blockchain through a close dialogue with policy-makers and regulators, and promote regulatory convergence that drives potential impacts for society and the economy from these technologies. To learn more, visit www.inatba.org

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