Linux Foundation Decentralized Trust Adds Swift and Wells Fargo Among New Members
The Linux Foundation's LF Decentralized Trust has announced the addition of 15 new members, including major financial institutions like Swift and Wells Fargo. This expansion highlights growing institutional interest in decentralized technologies for production systems. The group is also launching two key initiatives: CLPR, a cross-ledger messaging protocol lab developed by Hedera, and Panarus, an open-source token infrastructure project aimed at supporting regulated asset management. The new members aim to address challenges such as ledger interoperability and regulatory compliance in the rapidly evolving digital finance landscape. LF Decentralized Trust is also hosting a technical workshop for financial leaders and developers focused on privacy architectures using zero-knowledge proofs and secure computation techniques.
Topics: blockchain cross-ledger protocols open source tokenization