Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets – News Bitcoin News

On Tuesday, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation 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.The Linux Foundation has supported open-source software since the foundation’s inception 22 years ago.

“We are convinced that digital wallets will play a critical role for digital societies. Open software is the key to interoperability and security,” Jim Zemllin, the LF executive director, said in a statement. OWF to Host a Keynote Presentation at the Open-Source Summit Europe, Foundation Is in the Midst of Constructing Group’s Governance and Structurewill host a keynote presentation at the Open Source Summit Europe. The newly formed group has no intentions of publishing a wallet or creating new standards. “The community will focus on building an open source software engine that other organizations and companies can leverage to develop their own digital wallets,” the LF announcement details.

David Treat, the Global Metaverse Continuum Business Group and Blockchain lead at Accenture said that a massive change is coming to the traditional business model and digital businesses will earn trust. “Universal digital wallet infrastructure will create the ability to carry tokenized identity, money, and objects from place to place in the digital world,” Treat said.

I think this project will be popular

It's going to be gret as Linux

Don't we have enough wallets already? Everywhere I look there's a new wallet being offered.

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Nothinn in the world can comparee to this right noww…..

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Why don’t they want us to knoww thiss

How come no onee is talkingg about this

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