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:

1. 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.

2. The foundation deals with “real-world” issues such as lawyers, fiat, and the asset disposition industry.

3. The foundation is chartered with developing the initial software and forming the OBADA DAO to run the decentralized software application.