Open source blockchain foundation Hyperledger has announced plans to evolve into a broader umbrella, the Linux Foundation (LF) Decentralized Trust. Apart from blockchain software, the foundation already supports decentralized identity and interoperability software. Now it wants to do more, particularly in security.
“Ledgers and ledger technologies are but one component of the decentralized systems that will underpin a digital-first global economy. LF Decentralized Trust is where we will gather and grow an expanded community and portfolio of technologies to deliver the transparency, reliability, security and efficiency needed to successfully upgrade critical systems around the world,” said Daniela Barbosa, General Manager, Blockchain and Identity at the Linux Foundation in a statement.
The Linux Foundation wants to host software used in the coming migration to tokenization and the modernization of infrastructure that will accompany the shift.
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