On the evening of the 14th, the formation of the OpenWallet Foundation was announced at the Open Source Summit in Dublin. The OpenWallet Foundation is a project to create an open-source wallet 1 engine compliant with standard protocols. It is an open-source project and will not develop standards. If new standards are needed, it will take them to other standards-development organizations for standardization.
BIG NEWS AT #OSSummit: OpenWallet has announced intent to form the OpenWallet Foundation, under the umbrella of the Linux Foundation!#OpenWallet #OpenSource pic.twitter.com/ybIMRND5eo
The Linux Foundation’s press release is available here. 2 However, those appearing here 3 and providing statements of support represent only a small portion of the participants. More will gradually become clear. I can also report that Mastercard and Microsoft, which are not listed here, participated in the panel discussion. This is certainly a development to watch.
To keep up with the latest developments, please register at the OpenWallet Foundation website, https://openwallet.foundation/.
@goldscheider is giving a keynote introducing the OpenWallet Foundation at #ossummit Europe. #OpenWalletFoundation pic.twitter.com/3f8KXH5lR7

Footnotes
- a wallet installed on a smartphone or similar device that holds tokenized credit cards, identity cards, and so forth; Apple Wallet is a leading example
- The press release itself was issued on the 13th, announcing today’s keynote and panel.
- I am humbly included among them
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