REMCO and Other Blockchain Heavyweights Gather in Brussels to attend the INATBA’s 1st General Assembly.
June 5, 2019, is the first working meeting of an ambitious European Commission formed group, INATBA, the International Association for Trusted Blockchain Applications and REMCO Software CEO Peter Ojo will be present.
INATBA’s purpose as described on the EC website is to develop a “framework to promote public and private sector collaboration, regulatory convergence, legal predictability that ensures the system’s integrity and transparency”. It offers developers and users of DLT a global forum to interact with regulators and policymakers to accelerate progress.
“These are the heavyweights. We all must engage and contribute our time”, said Ojo. “Everyone has their ideas and experiences and want to contribute” as a foundational participant,” said Ojo.
Early corporate members include AB INBEV, IBM, Accenture, and Deutsche Telekom. Blockchain-related members include REMCO, Iota, Ripple, ConsenSys, and the Sovrin Foundation.
REMCO Software has built and is piloting the world’s first distributed utility token-generating platform for money transfer. The tokens generated on REMCO’s distributed platform are programmable to allow authorized users to adapt them to their own business models. Authorized users (who must be licensed in their jurisdictions) can customize tokens in any fiat currency desired using simple APIs and operate a legal money transfer or stored value business. A blockchain records token validity, ownership, transaction histories, and balances.
More about REMCO
REMCO is a venture of VTNGlobal, Inc, a Maryland company long active in the remittance and mobile payments industry.
https://www.remittancetoken.io/
More about INATBA
