LF Decentralized Trust Welcomes Five New Members, Announces New Governing Board Chair
Spotlights Member Contributions with Booth at Digital Asset Summit 2025, eBook on Development and Deployments in India, and Updates from ToIP Community
SAN FRANCISCO and NEW YORK (March 18, 2024) – Today, Linux Foundation Decentralized Trust (LF Decentralized Trust), the premier open source foundation for decentralized technology ecosystems, welcomed Block Majority, Dedge Security, Interop Labs, and Partior as its newest general members as well as STPI Apiary as an associate member
In addition, LF Decentralized Trust announced Dr. Johnna Powell, Managing Director and Head of Technology, Research, and Innovation at The Depository Trust & Clearing Corporation (DTCC), as the new Governing Board Chair.
“I am honored to assume the role of Governing Board Chair for Linux Foundation Decentralized Trust," said Powell. "Our goal is to cultivate an ecosystem where innovation thrives, and trust is paramount. As we continue to advance the financial services industry's journey towards decentralized technologies, we must stay focused on implementing systems with robust security and open governance.”
Growing traction for decentralized technologies in the financial and institutional market is a key topic at Digital Asset Summit 2025. LF Decentralized Trust is showcasing the impact its community is having on the market by hosting a line-up of members, including Applied Blockchain, Digital Asset, Hedera, Kaleido, Ownera, Oracle, and Zoniqx, in its booth. These companies are educating attendees on developments across the LF Decentralized Trust ecosystem, and demonstrating how they are leveraging these developments in their own digital assets work. Chainlink Labs and Dfns, also LF Decentralized Trust members, will be spotlighting their work at the event as well.
LF Decentralized Trust also released a new ebook detailing activities across the India community. It delves into the development and deployment activities of more than a dozen members, underscoring the fast growing adoption of LF Decentralized Technologies as critical infrastructure for financial services, trade, travel, government, and more in India and beyond.
Trust Over IP Community Updates
Trust Over IP (ToIP), the first standards project at LF Decentralized Trust, focuses on the governance and technical specifications of trust ecosystems. ToIP hosts a community of working groups that develop specifications as well as models, tools, and best practices. Recent activities include:
- The Trust Spanning Protocol (TSP) task force's publication of the implementer’s draft for the TSP specification, which lays the foundation for universal interoperability among verifiable identifiers with authenticity, confidentiality, and metadata privacy.
- The launch of the Creator Assertions Working Group (CAWG), led by Decentralized Identity Foundation in collaboration with ToIP, that builds upon the work of the Coalition for Content Provenance and Authenticity (C2PA) by defining assertions that allow content creators to express individual and organizational intent about their content.
- The coming release for public review of the Trust Registry Query Protocol (TRQP) Specification by the TRQP Task Force.
- The release of the Trust over IP Governance Metamodel specification and Companion Guide for consultation, leading to successful adoption in a variety of ecosystems.
Futurewei Technologies and Global LEI Foundation (GLEIF), organizations that initially joined LF Decentralized Trust as members of ToIP, have now signed on as general members of the foundation and MITRE has become an associate member, reinforcing their commitment to open digital trust initiatives. Through their support of LF Decentralized Trust, they continue to advance the critical work that began at ToIP, driving the development of interoperable and secure trust frameworks.
Further underscoring the importance of standards and governance in LF Decentralized Trust’s ecosystem, Wenjing Chu, Senior Director of Technology Strategy, at Futurewei Technologies is a member of the foundation’s Technical Advisory Council (TAC).
“When we launched LF Decentralized Trust, the goal was to expand our global community and our technology ecosystems,” said Daniela Barbosa, General Manager of Decentralized Technologies at the Linux Foundation and Executive Director of LF Decentralized Trust. “Our newest members, joining us from Australia, Canada, India, Singapore, and Spain, are marching us towards that goal, bringing security, interoperability, and financial infrastructure expertise as well as a deep understanding of the opportunities for decentralized technologies in markets around the world to our community. Their contributions, paired with the enduring support and commitment from existing members that are taking leadership roles, driving important industry standards, accelerating innovation and adoption, training new talent, and educating the market at events like DAS, are what power our collective effort to build a trusted future.”
General Member Quotes
The support of LF Decentralized Trust's members is what makes it a neutral home for technical collaboration and innovation:
"At Block Majority, we are excited about becoming a member of LF Decentralized Trust," said Karthick Raghavan, Co-founder and Managing Director, Block Majority. "The rapidly evolving real-world assets space presents immense opportunities, and by joining LF Decentralized Trust, we are well positioned to drive open source led innovation. Block Majority's mission is to pioneer secure and scalable decentralized real-world applications. We empower financial institutions, enterprises, and Web3 fintech’s to embrace decentralized technologies and navigate the future of tokenized asset marketplaces through our accelerators, expertise, and research-led solutions. Our membership in LF Decentralized Trust positions us to advance our mission, unlock innovation and deliver powerful new use cases. We are committed to working with this community to shape the next generation of decentralized technologies, enhancing their applicability, and driving real-world value through tokenization.
“We are thrilled to join LF Decentralized Trust, marking a key milestone in Dedge Security’s mission to secure the evolving Web3 ecosystem,” said Rubén Jiménez, CEO of Dedge Security. “As the first Web3 ASPM platform, we are defining the future of continuous security across the software development lifecycle, enabling teams to build with confidence. By working alongside industry leaders in LF Decentralized Trust, we reinforce our role in shaping cutting-edge security practices and ensuring the integrity of blockchain applications and infrastructure.”
“As a founding member of Trust over IP (ToIP), we are excited to see the ToIP community join LF Decentralized Trust,” said Wenjing Chu of Futurewei Technologies. “We remain committed to the trust stack we’re building with the community—especially the Trust Spanning Protocol (TSP), a fundamental building block for ensuring authenticity, accountability, privacy, and interoperability in digital technology and artificial intelligence worldwide. Open source and open standards are crucial digital public infrastructures, and we look forward to collaborating with the broader LF Decentralized Trust community to advance this global foundation.”
GLEIF
“GLEIF is committed to advancing global trust through open and verifiable organisational identity,” said Alexandre Kech, CEO of GLEIF. “By joining LF Decentralized Trust, we strengthen our collaboration with the ToIP community to drive adoption of the Legal Entity Identifier (LEI) and verifiable LEI (vLEI) in the digital asset ecosystem. As decentralized finance and tokenized markets evolve, trusted and interoperable identity solutions like the vLEI will be essential for ensuring compliance, transparency, and security. We look forward to working with LF Decentralized Trust and the broader community to enable seamless and verifiable organisational identity in the decentralised economy.”
“Open source approaches will be essential in the next phase of blockchain development, and the Axelar community has shown a strong commitment to building an open source stack," said Sergey Gorbunov, CEO of Interop Labs and co-founder of Axelar Protocol. “We at Interop Labs are proud to support the Linux Foundation and LF Decentralized Trust to advance transparency, reliability, security, and efficiency in future iterations of the internet.”
“Joining LF Decentralized Trust allows us to collaborate with like-minded industry leaders to discuss, develop and accelerate the launch of next-generation solutions,” said Humphrey Valenbreder, Chief Executive Officer, Partior. “This very much aligns with our goal at Partior to address real-world challenges in cross-border payments, while creating an infrastructure where the future of finance is now.”
About Linux Foundation Decentralized Trust
LF Decentralized Trust is the neutral home for the open development of technologies that empower organizations to innovate with secure and resilient code. It is the Linux Foundation’s flagship organization for a broad range of technologies and standards that deliver the transparency, reliability, security, and efficiency required for a digital-first economy. Supported by a diverse, global base of members and communities, LF Decentralized Trust champions open source best practices across a growing ecosystem of blockchain, ledger, identity, cryptographic, and related technologies. To learn more, visit: www.lfdecentralizedtrust.org.
About the Linux Foundation
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