BBVA & Santander: Planned launch of the IATBA

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BBVA & Santander: Planned launch of the IATBA

  • The latest development comes from an EU Blockchain Roundtable in Brussels with the Commissioner for Digital Economy and Society
  • The roundtable’s  gather support among EU industry leaders and policy makers for an EU strategy to boost innovation and exploitation of blockchain technology
  • BBVA says the purpose of this publicly-sponsored initiative is to “garner support from private blockchain and DLT experts to contribute to outline the EU’s strategy regarding these technologies
  • Blockchain is not only a technology but it engenders new business models creating a tokenised economy and paving the way to a decentralised economy in the future
  • Partnership is a vehicle for cooperation to exchange experience and expertise in technical and regulatory fields and prepare for the launch of EU-wide blockchain applications across the Digital Single Market