The European Blockchain Association governance framework has been getting a fair amount of attention in legal and industry circles lately. We’ve been working hard on operationalizing the governance in practice and outlining the practical steps everyday people need to take officially become EBA members and even contribute to our governance.
After the signing of the american constitution, it is said that someone asked Benjamin Franklin what type of government they would have. He responded, “A republic if you can keep it”. What he meant is that governance is not a static thing written in stone, but rather a living set of procedures, checks, and balances, intended to allow a group of people to address unforeseen circumstances going forward into an indefinite future.
The governance of the EBA is not unlike traditional governance frameworks in this regard. The governance that the EBA founding members have drafted is intended to change over time. The unanswered question however up until now was, “How will it change?”
Today we can answer that question. We’ve converted the original plain text of the EBA governance document and membership forms into code which itself outputs a beautifully typeset final document in .pdf format. We’re using LaTeX, the de facto standard for the communication and publication of scientific documents. By writing our governance as LaTeX code we are able to ensure a single always up-to-date version is available to everyone. Feel free to check out the code here.
Furthermore, we’re handling the governance as we would handle any open source codebase. We’ve put it under git version control which will allow vast numbers of people to contribute in a highly organized and transparent manner. In the coming weeks, we’ll be publishing guidelines outlining the user journey for EBA members. We’re also working on a detailed description of the technical steps EBA Members need to take in order to get access to our github organization and submission guidelines for EBA Governance Improvement Proposals via pull request.
Additionally, we’ll be publishing procedural guidance on how to form working groups and extra working group entities. Further procedural guidance will include how to set up teams within the github organization in order to collaborate on the code and non-code outputs of those groups. Keep an eye on our wiki as we plan to repurpose it for organizing all of the operational guidance built on top of the EBA governance.
We are happy to announce that the European
Blockchain Association is now an official partner of the Armenian Blockchain
Association Nooor. The non-profit organisation Nooor was founded in 2017 and connects
and supports various stakeholder in the blockchain realm, thus following the
same goals as we do.
Both the European
and the Armenian Blockchain Association are built on the pillars of education,
community and a strong network in order to foster economical and personal
growth among the members. Furthermore, our shared purpose is to build a bridge
between Central Europe and Armenia for start-ups, corporate businesses,
developers and other blockchain experts to create a powerful network of
blockchain enthusiasts by joining our forces. We believe that a cooperation between
our two associations is going to bring major benefits to all our members in
reaching their goals and in building a sustainable international network.
this cooperation brings both organisations one step closer to their overarching
goal of creating an internationally active blockchain hub for their respective
areas. Through the exchange of thoughts on ongoing research projects and by sharing
relevant results, we hope to foster the innovation process and to enable
real-life applications of the findings. With a strong and well-established
network of partnerships with Blockchain supporters worldwide and especially in
eastern Europe, Russia and the Middle East, Nooor is the ideal partner for us
to further expand our network and to offer access to those regions to our
We are looking forward to cooperating with Nooorand learn and thrive together. We will be working hand in hand to bring Blockchain with all its benefits to the next level and to establish an all-encompassing network of Blockchain supporters. The European Blockchain Association will keep you updated and share the progress with you on this blog.
event of both organisations is the blockchain summer camp in Munich and Berlin,
where blockchain enthusiasts from Armenia and Europe share their knowhow.
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As in every new organisation, let alone a decentralised semi-autonomous organisation DSAO, first members are first movers in the truest sense of the word: they may face some hiccups at the beginning.
After we finalised the first version of our governance model last week, we are now ready to start the distribution of CrowdstartCoins XSC to our new members. In order to provide EBA members with a a basic budget of our internal currency XSC, we today sent 2.000 XSC to each new member’s Ethereum wallet. If you registered lately, just have a look into your wallets and enjoy!
If you want to know more about CrowdstartCoin XSC, you can inform yourself here and here. If you don’t have an Ethereum wallet, feel free to download the original XSC wallet here – there is an iOS, as well as an Android version.
Those EBA members who have not yet added their Ethereum wallet address to their member profiles, don’t worry. If you add your address, we will take that into account for the next distribution!
Governance of decentralized systems is a matter of numerous debates in technological, as well as political and sociological circles. For the European Blockchain Association EBA, we have created a comprehensivegovernance model, based on existing, widely accepted regulatory frameworks, such asEclipse, orApache, as well as based on our practical experiences creating and working with blockchain networks.
Our governance model specifically addresses the needs of our organisation which is designed as a decentralized semi-autonomous system DSAO: starting as an association (legal entity) based out of Germany, EBA is set to incentivize all members in a way that no central incentive will be needed to run and bring the organisation forward. A token-based incentive scheme is used to reward members for adding value to the organisation.
Beside being organised by its governance model, the members of the organisation must have the ability to change its own governance model – i.e. the ability of self-regulation.
Finally, the EBA governance model has been designed in accordance with other existing and widely accepted regulatory frameworks, such as Eclipse and Apache, in order to facilitate the acceptance with potential members.
These three key principles, the ability of self-regulation, being based on accepted regulatory frameworks, and the integrated incentive scheme, should constitute a sound basis for a successfull start of our decentralized semi-autonomous organisation.
Some weeks ago, our friends over at Crowdstart Capital announced that they would donate a large chunk of their crypto currency CrowdstartCoin XSC to the European Blockchain Association. You can imagine how happy we have been!
The way, the Crowdstart team has been distributing XSC until then, you could call ‘reactive’: they have screened Github for valuable code that had been added to the blockchain ecosystem. Then, developers were rewarded with XSC for their completed jobs and projects.
We want to turn this process upside-down: since there is so much work to do – not only real programming, but also research, marketing, and even administrative work – we have decided to put projects out for tender. The projects will be diverse, ranging from technical ones; i.e. coding, to communicational, administrative or marketing tasks. All projects will be rewarded with CrowdstartCoins XSC. Here, find the first invitations to tender.
Each project will contain:
Project title and description
Reward in XSC
Initially, projects will be announced and XSC will be provided by the EBA. Later, after XSC have become more evenly distributed, EBA member can announce projects themselves and reward suppliers with XSC. If you plan to put a project out for tender yourself, add it to our #innovation Slack channel. The EBA team then takes care and adds it to the list of actual projects. Looking forward to seeing many innovative and helpful ideas popping up and being rewarded with XSC!
Barcelona-based Blockchain City Alliance BCA, the premier global organisation aligning key stakeholders from local and regional governments, urban based blockchain technology companies and researchers to connect the smart cities movement with decentralized blockchain technologies, becomes a member of the European Blockchain Association and will act as responsible lead of the Working Group Smart Cities WGCty.
For EBA this is great news: not only is Barcelona Smart City #1 in Europe, but BCA founder Boyd Cohen is one of the most respected and best known Smart City experts worldwide. Having the BCA leading the Working Group Smart Cities is certainly a perfect basis to explore the role and benefits of blockchain technology in the Smart City environment.
All EBA nodes can profit from the activities of WGCty, since Smart Cities are ecosystems in itself; e.g. most mobility aspects, perhaps all beside long-haul flights, are relevant aspects to-be-blockchained in cities of the future. WGCty is already organising an event in early 2019 in Barcelona, showcasing how Smart City leverage Blockchain technology.
If you work in the area of Smart Cities and want tu support the WGCty, please contact us.
On November 20, the European Blockchain Association launches its Working Group Finance WGFin. The launch event takes place at main incubator, Frankfurt, the R&D unit of Commerzbank Group. zeb a leading management consultancy for the finance industry, takes over the lead of WGFin.
Working Groups within the European Blockchain Association will work towards the goal of establishing a framework and guidelines for best practices for each industry. Each Working Group will establish rules that will promote fairness, transparency, and establishing of guidelines for best practices addressing member conflicts of interest, client communications, client disclosures, and record keeping.
Working Groups will have an executive director who informs the European Blockchain Association Advisory Board about the Working Group’s activities and findings. The executive director is responsible for complying with the European Blockchain Association principles.
If you work in the finance industry and your responsibility involves Blockchain and other Distributed Ledger Technologies, you might want to join the WGFin launch event, learn about the European Blockchain Association in general, how your company can profit from participating in the WGFin and have inspiring discussions with blockchain technology inspired colleagues!
If you are interested, please register on the event’s meetup page!
The European Blockchain Association – as a decentralised semi-autonomous organisation – relies on the active participation of its members. Beside acknowledging the intrinsic motivation of each EBA member to actively add value to the ecosystem, the EBA supports and rewards useful community activities by distributing crypto currency CrowdstartCoin XSC.
CrowdstartCoin XSC is an ERC20 crypto currency that was created in 2017 by Crowdstart Capital CSC in order to reward developers who add valuable code to the blockchain ecosystem. During the launch of the European Blockchain Association, CSC decided to donate 40% of its total XSC supply to the EBA.
EBA will provide each new member at the successful membership application with the same amount of (free) CrowdstartCoins XSC. In the first phase, each new member will receive 2.000 XSC.
The EBA uses CrowdstartCoin XSC for two purposes: first, XSC will be rewarded to EBA members that add value to the EBA community, and second, XSC will serve as the internal currency for the exchange of goods and services within the EBA community. Please see below the first version of the EBA benefits catalogue with the respective amounts of XSC per benefit and per year. Each member may make use of her CrowdstartCoin XSC to pay for the respective benefit provided by the EBA.
European Blockchain Association Benefits Catalogue (All amounts of XSC as per year)
500 XSC – Digital use of the official European Blockchain Association logo
1.000 XSC – Use of an individual European Blockchain Association eMail address @eublas.org
2.000 XSC – Offer consulting, graining and other services to European Blockchain Association members
2.500 XSC – Lead a working group
3.500 XSC – Start a local European Blockchain Association hub
5.000 XSC – Start a national European Blockchain Association hub
This catalogue will be changed and extended over time. If you have questions or suggestions regarding the catalogue, feel free to join the conversation in the official EBA Slack channel eublas.slack.com.
Today, we welcome Crowdstart Capital as a new member of the European Blockchain Association! Crowdstart Capital, or CSC, will take over the EBA accelerator node with the mission to promote blockchain-based startups throughout Europe.
As part of the deal, CSC will bring 40% of the total amount of their Crowdstart Coin XSC crypto currency. XSC has been around for some time in the crypto space. It has been distributed by CSC for free to reward developers and engineers for adding valuable code to the blockchain community. You can read more about the CSC story here.
We at the EBA will distribute XSC to our members – as a starter when they actually become members, and throughout their membership for activities and assets they add to the blockchain community. We are in the process of defining specific activities and will publish a list of these, later on. Our goal is to use XSC as the EBA’s currency, or the financial lubricant that facilitates the EBA incentive scheme.
It’s an experiment and we can’t guarantee that it will work out as expected. We probably will have to adapt the scheme now and then, and we are open for suggestions for improvement. Feel free to contact us and discuss the Crowdstart Coin XSC with us!