Linux to launch Foundation to support digital wallet development
The foundation apparently does not intend to create its own digital wallet, however. Its' goal is to make it easier for companies to create wallets for themselves. The Linux Foundation, a global nonprofit organization that enables innovation within the blockchain ecosystem through access to open source technology, has announced plans to launch the OpenWallet Foundation (OWF). The OWF is a collaborative effort between companies in the technology and public sector, as well as stakeholders within the blockchain ecosystem, to develop open-source software to support the interoperability of....
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The Linux Foundation is launching the OpenWallet Foundation (OWF), an initiative to build open-source software to support the interoperability of multiple digital wallets. Mainly used for holding and transacting with cryptocurrencies and digital assets, Linux claims that these tools will be critical for everyday life in the coming years. Related Reading: Charles Schwab, Citadel, Fidelity […]
On Tuesday, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWF’s goal is to increase “interoperability for a wide range of wallet use cases” and to develop a “secure, multi-purpose open source engine” that anyone can use to build a wallet. Linux Launches Openwallet Foundation to Support Development of Open-Source Crypto Wallets The Linux Foundation (LF) has supported open-source software since the foundation’s....
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