Chamber of Digital Commerce, the first Washington DC-based trade association representing the blockchain and digital asset industry, has announced that it has added IT and consulting giant Cognizant to its Executive Committee.

According to the official announcement, the Chamber has been working closely with policymakers, regulators and industries and the addition of Cognizant will develop a pro-growth legal environment that fosters innovation, jobs and investment.

“Cognizant is yet another example of an established industry leader realizing the transformative potential of blockchain technology, and the importance of collaboration,” Perianne Boring, Founder and President of the Chamber said.

Cognizant has been engaging in array of blockchain-based initiatives including creation of accelerators that design and test solutions for digital asset issuance and transfer, secure document exchange, digital identity, among others. Earlier this year, Cognizant collaborated with Mizuho Financial Group to develop a blockchain solution for secure record-keeping of documents among Mizuho Financial Group companies across the globe.

“Cognizant was one of the early movers in the blockchain space and we continue to significantly invest in our capabilities to develop enterprise-ready solutions to help clients navigate this shift and become digital enterprises. We’re excited to be working with the Chamber of Digital Commerce to further the adoption and progression of blockchain technology and accelerate its implementation across industries,” Prasad Chintamaneni, President of Global Industries and Consulting at Cognizant said.

The Chamber represents the world’s leading innovators, operators and investors in the digital asset and blockchain technology ecosystem that includes startups, software companies, global IT consultancies, financial institutions, among others. The chamber added IBM to its Executive Committee membership in July this year.