The expanded scope of the LF Decentralized Trust is a welcome development to further support the evolution of decentralized technologies and assess a broader set of tools with the potential to reshape financial infrastructures. We look forward to building on our collaboration with the Linux Foundation and exploring new opportunities that complement Citi’s efforts to innovate and scale our digital assets capabilities for our firm and our clients.

Various projects are an integral part in the tech stack of our research activities, which mainly focus on digital identity and digitizing processes. It has been great to collaborate and contribute in such an important open-source endeavor in the past, and we are looking forward to continuing to do so as these projects become part of LF Decentralized Trust.

Trust is essential for the widespread adoption of DLT and decentralized systems, and we are committed to collaborating with fellow members and projects to build innovative, scalable solutions. We see significant potential in enhancing interoperability and are eager to advance these initiatives.

We see a growing demand for decentralized trust in the open industry ecosystem of sellers and developers with integrated hardware and software. LF Decentralized Trust, with its commitment to open development and governance, is uniquely positioned to meet this demand by fostering collaboration and innovation.

We are encouraged by the launch of the Linux Foundation Decentralized Trust. This initiative is a major step forward in our commitment to decentralized technologies that drive transparency, security, and efficiency. We look forward to partnering with LF Decentralized Trust to modernize infrastructure across vital sectors and foster a digital-first global economy