LF Decentralized Trust has announced the addition of The Bank of Korea as its 10th central bank member. Alongside, Networks for Humanity (NFH) has also joined as an associate member. The organization is recognized for its work in decentralized technology and open-source projects.
The new members include Edge & Node, Glide Identity, and OpenZeppelin, bringing expertise in decentralized data, verification, and security to the community. Paladin, a new project initially contributed by Kaleido, offers a full-stack approach to privacy with modular cryptography and programmability. It has been deployed in various financial institutions for tokenized cash and assets.
Pramod Varma from NFH emphasized the importance of decentralized technologies in transforming the digital economy. He expressed enthusiasm about collaborating on the Decentralized Directory Protocol under LF Decentralized Trust.
At events like Open Source Summit Korea and Singapore Fintech Festival, discussions are focusing on finance’s future, privacy, and interoperability. Jooyni Sung from The Bank of Korea participated in a panel on digital money at OSS Korea. A workshop on financial services was co-hosted by OCBC and LF Decentralized Trust at SFF.
Daniela Barbosa from LF Decentralized Trust highlighted the global impact of decentralized trust technologies over the past decade. She noted strong momentum across Asia due to open collaboration driving real-world adoption.
Rodrigo Coelho from Edge & Node mentioned their commitment to shaping standards for web3 and AI ecosystems through open standards. Eran Haggiag from Glide Identity stressed their mission to build AI-safe authentication systems. Luca Cosivi from OpenZeppelin reiterated their belief in open collaboration for securing blockchain infrastructure.
LF Decentralized Trust serves as a neutral platform for developing secure technologies essential for a digital-first economy. It supports a diverse global membership base focused on blockchain, ledger, identity, cryptographic technologies, and more.
For further information about LF Decentralized Trust or its initiatives, visit www.lfdecentralizedtrust.org.
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