Linux, Hedera and more than 100 members jointly launch decentralized trust fund LFDT

Odaily Odaily News: The Linux Foundation has created a software foundation as an umbrella organization for the open source of the decentralized ecosystem. The Linux Foundation Decentralized Trust (LFDT) has more than 100 members, including all members of the Hyperledger Foundation, Hedera, and 13 other new members. Hedera is the premier member of the trust, joining Accenture, DTCC and Hitachi. Hedera will contribute its entire source code, including its hashgraph consensus algorithm, to LFDT, which will be called Project Hiero. Hedera source code governance will be transferred to the Linux Foundation, while the Hedera Council will retain operational governance of the network. Another new member of LFDT, wallet-as-a-service provider Dfns, contributed its key management system to the trust, which will be called Project Lockness. (Cointelegraph)