Why Linux Will Form The OpenWallet Foundation
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 […]
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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....
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....
Jeff Garzik, CEO and co-founder of Bloq, has been appointed as the organization’s representative on the Linux Foundation’s Board of Directors. Garzik Providing Linux Foundation With Bitcoin Technology Expertise. Garzik, formerly a 10-year employee at Red Hat, brings a wealth of Bitcoin Core development experience back to the leading open-source software development foundation. The Linux Foundation is spearheading a conglomerate of organizations involved with the Hyperledger Project, of which Bloq is a member. Garzik’s presence on the Linux Foundation’s board should hopefully help to bridge....
Microsoft's Linux Foundation membership may accelerate the development of Hyperledger project. The Linux Foundation, easily one of the largest open source communities has a new member. Microsoft, in its recently held “Connect();” annual developer event, announced the information technology giant’s partnership with Linux Foundation as a Platinum Member. The move on Microsoft’s part is in line with the company’s recent deviation from Windows-only approach. During the past few months, the Redmond-based company has launched various software and development tools capable of working across....
Former Bitcoin Core developer and cryptographer Jeff Garzik has officially been appointed as a board member of the Linux Foundation, joining executives from multi-billion dollar companies including Intel, Panasonic, Cisco, and Qualcomm, in order to promote the collaborative development of Blockchain. Currently, Garzik serves as the only board member of the Linux Foundation qualified to be considered as an expert within the field of Bitcoin and Blockchain. Garzik has made significant contributions to the field, leading the creation of popular repositories, including that of a Python miner....