The Linux Foundation has launched LF Decentralized Trust, a new initiative aimed at accelerating collaboration and innovation in the web3 space, encompassing blockchain, identity management, interoperability, and cryptographic technologies.

With over 100 founding members, LF Decentralized Trust serves as a neutral hub for building the technologies that underpin a digital-first economy. Drawing on the Linux Foundation’s extensive background in blockchain and digital identity standards and open-source projects, this initiative leverages years of foundational work in decentralized technology.

According to Daniela Barbosa, General Manager of Decentralized Technologies at the Linux Foundation and Executive Director of LF Decentralized Trust, “Globally, decentralized technologies are modernizing critical infrastructure. LF Decentralized Trust is dedicated to building the trusted ecosystems and applications that will drive this change.”

The organization unites all existing Hyperledger ecosystem projects and communities, including TrustOverIP (ToIP), which brings governance models, specifications, and tools for digital trust. This collaboration engages thousands of participants from more than 200 local and industry groups worldwide.

Michael Klein, Blockchain Technology Lead at Accenture and Chair of the LF Decentralized Trust Governing Board, stated, “The future of digital ownership relies on open standards and source technologies to foster cross-industry collaboration, laying the groundwork for the next phase of the internet.”

With 17 initial projects, LF Decentralized Trust includes the complete Hedera Hashgraph codebase, now known as Hiero, a decentralized ledger platform with a unique consensus mechanism. Eric Piscini, CEO of Hashgraph, commented, “We’re thrilled to partner with LF Decentralized Trust and build scalable, innovative solutions to enhance interoperability and support decentralized adoption.”

Another new member project, Lockness, focuses on key management and digital signature protocols. Clarisse Hagège, CEO of Dfns, noted, “Through LF Decentralized Trust, we’re creating the first platform to integrate key cryptographic protocols and digital signatures. This open-source environment allows rigorous code review, essential for building lasting trust.”

Founding supporters span various sectors, including AYANWORKS, Banco Central do Brasil, Hashgraph, Polygon, and Tata Consultancy Services (TCS), underscoring LF Decentralized Trust’s diverse reach. As the digital landscape evolves, LF Decentralized Trust is set to shape the future of decentralized technologies and contribute to a more interconnected and reliable digital ecosystem.