Organization:Linux Foundation Decentralized Trust
Linux Foundation Decentralized Trust (LF Decentralized Trust) is an umbrella project of the Linux Foundation. It hosts the collaborative development of a number of open source technologies that support decentralized networks and applications. These include Besu, Hiero, Hyperledger Cacti and Hyperledger Fabric.
History and Aims
The Linux Foundation announced plans to create LF Decentralized Trust in June, 2024 to "in reaction to the increasing adoption of decentralized technologies."[1]
In September 2024, the Linux Foundation launched LF Decentralized Trust as a new umbrella organization for open source blockchain, ledger, identity, interoperability, cryptographic, and related technologies, standards, specifications and communities. At launch, it encompassed two Linux Foundation projects: Hyperledger Foundation and Trust over IP Foundation.[2] Two additional code bases were contributed at launch as well: Hiero, the distributed ledger technology used to build the Hedera public ledger[3], and Lockness, a cryptographic key management system contributed by DFNS.[4]
The leadership for LF Decentralized Trust includes Daniela Barbosa, executive director, and Hart Montgomery, CTO.[5]
Members and governance
LF Decentralized Trust is a member-supported, not-for-profit organization. The member communities as well as the projects from Hyperledger Foundation and Trust over IP Foundation became part of LF Decentralized Trust at launch. There are more than 100 members of LF Decentralized Trust, including Accenture, DTCC, Hitachi, Polygon, Wanchain and Tata Consultancy Services.[6]
The six-member governing board overseeing the foundation is chaired by Dr. Johnna Powell, Managing Director, Technology, Research and Innovation, at DTCC[7]. Technical governance happens at two levels. The Technical Advisory Council provides governance across projects. Each individual project also has a Technical Steering Committee to make decisions for its individual community.[8]
Key projects
Besu - An enterprise-grade Ethereum client for that works with public and private Ethereum blockchains. It is the third most popular Ethereum client[9] and, according to a 2024 Blockdaemon survey of 92 financial institutions, the most widely adopted software for asset tokenization[10]. A 35-member Besu Financial Services Working Group, led by DTCC, was established to help shape the Besu roadmap.[10] Besu is the platform for Brazil's Drex CBDC[11]
Hiero - The Hashgraph consensus algorithm, core services, and related tools underpinning the Hedera network.[12]
Hyperledger Cacti - A pluggable enterprise-grade framework that enable blockchain networks to interoperate. It is a low code, standardized integration.[13]
Hyperledger Fabric - An enterprise-grade permissioned blockchain platform with a modular architecture, Smart Contracts (called "chaincode" in Fabric) and versatility for a broad set of industry use cases.[14] In 2024, Hyperledger Fabric 3.0 was released with the SmartBFT protocol.[15]
The project LF Decentralized Trust mix is continuously evolving. The full project matrix lives here.
References
- ↑ "Linux Foundation supporting wider array of decentralized technologies | Biometric Update" (in en-US). 2024-06-26. https://www.biometricupdate.com/202406/linux-foundation-supporting-wider-array-of-decentralized-technologies.
- ↑ online, heise (2024-09-18). "Linux Foundation: New organizations for blockchain and developer relations" (in en). https://www.heise.de/en/news/Linux-Foundation-New-organizations-for-blockchain-and-developer-relations-9881458.html.
- ↑ Thuo, Charles (Sep 16, 2024). "Hedera donates entire codebase to Linux Foundation's Decentralized Trust". Invezz. https://invezz.com/news/2024/09/16/hedera-donates-entire-codebase-to-linux-foundations-decentralized-trust/.
- ↑ Daws, Ryan (2024-09-16). "Linux Foundation Decentralized Trust aims for web3 innovation" (in en-GB). https://www.developer-tech.com/news/linux-foundation-decentralized-trust-aims-web3-innovation/.
- ↑ "Staff - LF Decentralized Trust" (in en). https://www.lfdecentralizedtrust.org/staff.
- ↑ Best, Martijn van (2024-09-17). "Blockchain and digital identity initiatives find a new home" (in en). https://www.techzine.eu/news/privacy-compliance/124474/blockchain-and-digital-identity-initiatives-find-a-new-home/.
- ↑ "Staff - LF Decentralized Trust" (in en). https://www.lfdecentralizedtrust.org/staff.
- ↑ "Charter – LF Decentralized Trust" (in en). https://www.lfdecentralizedtrust.org/about/charter.
- ↑ "Hyperledger launches Besu blockchain financial services working group as Citi joins" (in en-US). 2024-03-19. https://www.ledgerinsights.com/hyperledger-launches-financial-services-besu-blockchain-working-group-as-citi-joins/.
- ↑ Jump up to: 10.0 10.1 Anderson, Derek (2024-03-19). "Hyperledger onboards Citi, forms Besu working group headed by DTCC". Cointelegraph. https://cointelegraph.com/news/hyperledger-onboards-citi-forms-besu-working-group-headed-dtcc.
- ↑ Hall, Ian (2024-09-10). "Brazil central bank confirms projects for next digital currency tests" (in en-US). https://www.globalgovernmentfintech.com/brazil-central-bank-drex-phase-two-themes/.
- ↑ blogger (2024-09-16). "Hedera joins Linux Foundation, donates source code to new project - TECHTELEGRAPH" (in en-GB). https://techtelegraph.co.uk/hedera-joins-linux-foundation-donates-source-code-to-new-project/.
- ↑ "Blockchain interoperability framework Hyperledger Cactus goes into production" (in en-US). 2022-03-18. https://www.ledgerinsights.com/blockchain-interoperability-framework-hyperledger-cactus-goes-into-production/.
- ↑ "A Blockchain Platform for the Enterprise — Hyperledger Fabric Docs main documentation". https://hyperledger-fabric.readthedocs.io/en/release-2.5/.
- ↑ Best, Martijn van (2024-09-17). "Blockchain and digital identity initiatives find a new home" (in en). https://www.techzine.eu/news/privacy-compliance/124474/blockchain-and-digital-identity-initiatives-find-a-new-home/.
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