ISBE: Spain's Blockchain Services Infrastructure

ISBE: Spain's blockchain services infrastructure

Overview

What is ISBE and why could it position Spain as a web3 reference in Europe? In this MERGE Madrid panel, the Community of Madrid and Alastria present ISBE (Spain's Blockchain Services Infrastructure), a sovereign, public-private set of networks interoperable with EBSI, designed to deploy public and private services with legal validity by design.

What you'll learn

• What ISBE is: a set of networks with regulatory compliance by design
• Why it was created: the need for a sovereign, trusted infrastructure
• Public-private collaboration: the role of the Community of Madrid and Alastria
• Interoperability: connection with EBSI and other networks in Europe
• Value for SMEs and government: lower upfront cost and more efficiency
• The vision: use cases, a financial network and the future of ISBE

Session summary

What ISBE is: it is presented as a set of networks that turns blockchain into an agile and secure tool, with regulatory compliance by design, carbon neutral and ready to deploy applications, facilitating collaboration between public and private actors.

Why it was created: the Community of Madrid explains that ISBE responds to the need for a sovereign, trusted infrastructure for Spain to deploy interoperable services, conceiving web3 as a public policy to make government more agile and efficient.

Alastria's role: as the national association of web3 companies (created by large Spanish firms), Alastria brings the ecosystem's momentum and its networks, in a public-private project that other regions are already joining.

Trust and interoperability: it stresses that the key is institutional trust and legal certainty, with interoperability with EBSI and Latin America, and work with the CNMV and the Bank of Spain on a “financial network.”

Value and future: for SMEs and startups, ISBE lowers the upfront infrastructure cost and brings trust; for government, it promises real interoperability, traceability and efficiency (for example, faster “wallet-to-wallet” subsidies). The mid-term vision is to add new actors and meaningful use cases, with the ambition to be a European reference (Asturias' incorporation is cited as upcoming, according to the talk).

Watch the full talk

Watch the full recording on MERGE's YouTube channel, with the Community of Madrid and Alastria on ISBE.

FAQs

What is ISBE?
According to the talk, Spain's Blockchain Services Infrastructure: a sovereign, public-private set of networks with regulatory compliance by design.

Is it interoperable with Europe?
According to the talk, yes: ISBE connects with EBSI and other networks, complying with EU rules and seeking to be a European reference.

What does it bring to SMEs and governments?
According to the talk, it lowers the upfront infrastructure cost, brings trust and promises interoperability, traceability and efficiency in public services.

Who drives ISBE?
According to the talk, it is a public-private project driven by the Community of Madrid and Alastria, with other regions joining.