International Association for Trusted Blockchain Applications (INATBA) is an association for all things blockchain. It serves as a forum for developers and users of distributed ledger technology to keep in touch with regulators and governors. The main purpose of having a global forum like this is to make blockchain technology ascend to the next level. Many cryptocurrency based startups and companies are affiliated with INATBA. Some of these startups and companies include IOTA foundation, GNOSIS limited and LEDGER.
Recent news suggests that Ripple is one of the members of the INATBA. INATBA has openly given a statement regarding its objectives and says that it wants to promote better communication between regulators and developers for blockchain technology systems.
INATBA plans to create guidelines for special industries as well as a globally accepted model of the blockchain system. INATBA wants the public and society to experience and acknowledge the full potential of what the blockchain and distributed ledger technology can offer and bring to the table.
Ripple wants to be a part of such a mission and is honored and excited to have been given the opportunity to take part in something so noble in its cause. Brad Garlinghouse is the CEO if Ripple and he gave a statement regarding the situation saying that Ripple is extremely privileged and honored in being one of the core members for building such an organization from scratch.
He thinks that right now the distributed ledger technology is at a point where it is getting the most recognition in crypto space. He agrees with the fact that it is important to promote communication and understanding between governors and developers.
INATBA is due to launch on the 3rd of April 2019. Almost more than seventy projects and startups are a part of the INATBA. Along with ripple Joseph Lubin who is involved with ETH and ConsenSys also showed his approval for the foundation and purpose of INABTA.