Join the larget crypto conference of 2022 in Bitcoin

Linux launches OpenWallet Foundation to support crypto adoption

0
(0)
Linux launches OpenWallet Foundation to support crypto adoption 4

A nonprofit organization Linux announced the launch of OWF, to bring a high degree of interpretability to digital wallets.

 Linux Foundation is a non-profit tech foundation, which was founded around 20 years ago as a merger between two groups, namely  Open Source Development Labs and the Free Standards Group to standardize Linux. The main focus of this foundation is to support its growth, and promote its commercial adoption of open source concept-based software projects.

On 13 September, Linux Foundation announced the launch of another foundation OpenWallet Foundation (OWF). The new foundation aimed to provide a better ecosystem for the development of open-source software wallets to support the interoperability of digital wallets; software designed to send, receive, store and monitor crypto assets.

This digital asset supportive foundation came into origin because of the collaborative support of the companies, the public sector & stakeholders of the crypto space. 

This initiative is going to help all those developers of the digital sectors, who want to create secure & safe digital wallets with multiple features with better interpretability than other wallets.

The executive director of the Linux Foundation, Jim Zemlin, said that the foundation agrees that digital innovations in the blockchain ecosystem may play important roles in the digital world.

Further added:

“Open software is the key to interoperability and security. We are delighted to host the OpenWallet Foundation and excited for its potential.”

A member of the foundation, Accenture’s David Treat, said that the universal digital wallet ecosystem will build the potential to carry tokenized identity, digital money, and digital items from place to place in the digital world. David indirectly talked about the Cryptocurrencies with NFTs store ability-based wallets. 

Further, David Treat added:

“Massive business model change is coming, and the winning digital business will be the one that earns trust to directly access the real data in our wallets to create much better digital experiences.”

Read also: Celsius reconstructing its legal team amid hurdles

Linux launches OpenWallet Foundation to support crypto adoption

 

https://bitcoinik.com/linux-launches-openwallet-foundation-to-support-crypto-adoption/feed/

https://bitcoinik.com/linux-launches-openwallet-foundation-to-support-crypto-adoption/feed/

 

 

 

 

 

Ads by Cryptonews24

OKX - Moon Trade

Moon Grid trading bot
OKX’s new Moon Grid bot automatically buys low and
sells high within a wide price range using artificial intelligence based on market backtesting.
Quick to set up with smart entry and exit points!

How does it work?

  • Select Trade in the main menu, then select Trading bot.
  • Select a spot trading pair from the Trading bot menu.
  • Select Moon Grid from the listed strategies.
  • Enter the amount you want the bot to trade and click Create.
  • Your bot will then be live.
  • To view and manage your Moon Grid bot, select Bots at the bottom of the trading dashboard.

 

Trade with Moon Grid now
 

—————————————————————————————————————————————-

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.


TELEGRAM
Cryptonews24 Channel Chat