The growing interest in blockchain technology and related research activities has paved the way for various blockchain consortiums, conferences, symposiums and more. 2015 could be regarded as a foundation year in this context.

Now, the world’s leading trade associations, representing digital asset and blockchain industries, are coming together for an international initiative – Global Blockchain Forum.

The founding members of the forum include Chamber of Digital Commerce, United Kingdom Digital Currency Association (UKDCA), Australian Digital Currency Commerce Association (ADCCA) and Association of Crypto-Currency Enterprises and Start-ups, Singapore (ACCESS).

The Global Blockchain Forum aims to develop industry best practices and help shape global regulatory interoperability.

“The Global Blockchain Forum is a platform for international collaboration,” Forbes quoted Perianne Boring, founder and president of the Chamber. “We’re bringing together the leading trade associations representing the digital assets/blockchain industry around the world. As we engage with these various governments, it’s important that the associations and stakeholders working with these public policymakers have some type of coordination to their efforts.”

Forbes reported that some of the members of the forum have already started working with industry, government and academia to formulate standards for real world applications of blockchain technology, such as identity management. One such project called d.ID (distributed identity) aims to create blockchain-powered identities for individuals not linked to a central authority such as Google or Facebook.