The OBADA Foundation
The OBADA Foundation
The OBADA Foundation is a 501(c)(3) nonprofit coalition of stakeholders in the IT asset disposition (ITAD) sector. It’s traditional off-chain organization which primarily serves three functions:
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The foundation acts as the steward for the OBADA Standard, an open protocol describing the data models. The OBADA Foundation is working with ISO to develop this standard.
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The foundation deals with “real-world” issues such as lawyers, fiat, and the asset disposition industry.
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The foundation is chartered with developing the initial software and forming the OBADA DAO to run the decentralized software application.