The main Spanish banking, energy and telecommunications companies, among other sectors, have established Alastria, the world's first regulated national network based on blockchain. This non-profit consortium was presented today simultaneously in the cities of Madrid, Barcelona, Bilbao, Valencia and Malaga. It will develop the Ditributed Ledger Technology (DTL), which is set to become the new data exchange ecosystem and which will enable and accelerate the digital transformation of different industrial and business sectors in the coming years thanks to its agility, veracity, security and efficiency.
Large Spanish companies form the Alastria consortium to develop the blockchain ecosystem in Spain
1. Large Spanish companies form the Alastria consortium to
develop the blockchain ecosystem in Spain
● Created the world's first national multi-sector network using this technology,
which aims to enable and accelerate the digital transformation of the various
industrial or business sectors.
● Ditributed Ledger Technology (DTL) provides secure and verified information
for all participants.
Madrid, 17 October 2017.- The main Spanish banking, energy and telecommunications
companies, among other sectors, have established Alastria, the world's first regulated
national network based on blockchain. This non-profit consortium was presented
today simultaneously in the cities of Madrid, Barcelona, Bilbao, Valencia and Malaga. It
will develop the Ditributed Ledger Technology (DTL), which is set to become the new
data exchange ecosystem and which will enable and accelerate the digital
transformation of different industrial and business sectors in the coming years thanks
to its agility, veracity, security and efficiency.
The Alastria consortium has been created to accelerate the creation of digital
ecosystems by providing a common collaborative platform: the Alastria network. Since
its very creation, the consortium has been made up of about 70 of the largest
companies and institutions in different sectors (*full list of Alastria partners and
Executive board at the end of the press release).
Among its founders are also professionals such as notaries and lawyers who will
ensure the security and veracity of information through the identification of natural
and legal persons. Not in vain, the digital ID will be the main focus of Alastria in its
beginnings through the standard of Digital Identity "ID Alastria", which will allow
citizens to have control over their personal information in a transparent way following
the guidelines set by the European Union.
Alastria is an open platform for more companies, startups, SMEs, large corporations,
universities and other actors from all sectors in Spain to join. Those interested in
joining can access further information at www.alastria.es or send an email to
members@alastria.io
The Alastria network will provide a shared platform on which the various participants,
and in particular large companies, will be able to create digital representations of the
assets with which they work in their usual economic activity, also known as "tokens".
With these "tokens" it is possible to develop new products and innovative cutting
services, in addition to being able to develop current processes faster, safer and more
efficiently. In this way, the network accelerates the digital transformation of current
processes and enables a new paradigm of collaborative and multisectoral innovation in
a very efficient way.
Alastria's objective is to transcend the business sphere and has held meetings with
representatives of the Public Administration and Regulators, who have expressed their
2. interest in collaborating with the consortium. In this sense, Alastria has requested the
opening of collaboration channels to identify cases of use in public agencies and
monitor those services that are in the process of study and analysis. To promote
awareness and adoption of the network, Alastria is organizing training sessions for the
Administration.
Furthermore, the development of the platform will not remain in the growth of its
number of partners, but in the own development of the technology, which will be
open. In this way, the Alastria consortium will make resources and contacts available
to the community so that the ecosystem can grow and expand its potential benefits to
more companies and users.
Beyond companies, Public Administration, Regulators and the developer community,
the university community will play an important role in the Consortium. At present,
several agreements have already been signed with renowned centres and, in addition,
it will be an open process in which a significant number of institutions and university
centres will be added. The aim is to establish agreements that promote research,
experimentation and training.
Julio Faura, president of Alastria, said: "It is not easy for so many important companies
to decide to bet a project together from the very beginning. That's the best proof of
the incredible potential that this technology and the consortium have. He added: "We
should be proud that a pioneering and unprecedented project throughout the world
has been born in Spain, which places the industries of our country at the forefront of
digital transformation.”
Alex Puig, Alastria's CEO, said: "Blockchain has the potential to become the biggest
breakthrough in history in the way we share any digital element, whether it's a
document, a service, a show ticket or money. In this regard, he stressed that the birth
of the Consortium was necessary because "the Internet is being reinvented so that we
can share and do business in a verified and secure way, but it is necessary to have a
standard that allows all industries and the developer community to work with the
same base.”
What is blockchain?
The blockchain technology, born in 2009, represents an evolution of network
communications as they are known today. The Internet and the world wide web have
been transforming our lives for decades. Information has never been so accessible and
instantaneous. However, the system is not perfect and the network currently suffers
from unreliability of data, security shortages and lack of verification of those involved
in the communication.
Blockchain or Ditributed Ledger Technology (DTL) is probably the most disruptive
technology since the arrival of the Internet and could transform industries by
decentralizing trust, generating an exchange of goods and services without the need
3. for third parties. This would be possible because the information circulating through
shared accounting records will be verified, as will those at the extremes.
The information contained in this technology is entered by means of an unalterable
registry (guaranteed by cryptography), replicated in all participants by means of a
standard communications protocol, which is accessible to all of them, eliminating the
need for acknowledgements of receipt and reconciliations. This allows the participants
to offer and receive services with legal effectiveness in the Spanish environment and in
accordance with European regulations.
Specifically, the Alastria network, a semi-public blockchain, is made up of nodes -
computers hosted by several participants - and provides shared accounting recording
services. In this way, the partners of this network will be able to develop services and
products within Alastria with total confidence and security. The fact that each
member's digital identity is certified and guaranteed allows them to use smart contract
technology (smart contracts) on which they can offer services and exploit applications
in a cross-sectional environment and with full legal guarantees in Spain.
*All Alastria members (provisional):
Executive board
Alex Puig, CEO
Julio Faura (Banco Santander), Chairman
María Parga (BME), vicepresident
Montserrat Guàrdia (Banco Sabadell),
vicepresident
Nuria Ávalos, Repsol
Xavier Fox, Roca Junyent
Javier Ibáñez, Comillas ICAI-ICADE
Roberto Fernández, Everis
Sandra Alfonso, Endesa
Luis Pastor, Grant Thronton
Carlos Kuchkovsky, BBVA
José María Boixeda, Gas Natural
Fenosa
Moises Menéndez, Observatorio
Fintech ICADE-Everis
José Ramón Morales, Garrigues
Partners
Accenture
Addalia
AgenSynd
APTE
Artistic Island
AT Sistemas
Atmira
Ávoris
Ayesa
Banca March
Banco Sabadell
Banco Santander
Cepsa
Cluster Smart
City
Coinbest
Comillas ICAI-
ICADE
Contextual
Cuatrecasas
Deloitte
Deka Software
Labs
Dictum
Iberdrola
Iberian Crypto
Farmers
IN2
Indra
Informa&Logal
ty
Inversis
Kutxabank
Logic Servicios
y
Externalizacio
Roca Junyent
RTVE
SAB
Comunicació
n
Empresarial
SAP
Scytl
Simon
Smart Social
City
Solver
4. Bankia
BBVA
Biid
Blockchain
España
Blockchain Logic
Blue TC
BME
CaixaBank
Caja Rural
Cajamar
CCII
Futurae
EFE
Ejaso
Electronic
Identification
Endesa
Everis
FIFED
FinReg360
Firma
Profesional
Fujitsu
Garrigues
Gas Natural
Fenosa
Go Madrid
Grant
Thornton
nes
Logistop
Management
Solutions
(GMS)
Mapfre
MásMóvil
MomoPocket
Norbolsa
Notarnet
Observatorio
Blockchain
Orange
Pitagorines
Group
Plexus
Redsys
Repsol
Machine
Learning
Sopra steria
Tecnalia
Telefónica
Ubiquat
Universidad
de Girona
Universidad
de Málaga
Universidad
de Valencia
Universidad
San Pablo-
CEU
UST Global
Viesgo
Worldline
About Alastria
www.alastria.es
The Alastria consortium was created in 2017 to create a regulated blockchain platform in Spain
(Red Alastria) to create an ecosystem that allows basic services to be validated and applications to
be exploited in a transversal environment with full legal guarantees in Spain. Some 70 of the largest
companies and institutions in industries such as banking, energy, telecommunications and other
sectors are part of this non-profit network, which is also open to developers. It is open to many
more companies, be they large, small and medium-sized enterprises or startups.
Press contact:
PR Garage
Mario Jiménez
mario@prgarage.es
Carlos Hergueta
carlos@prgarage.es
+34 91 137 52 98