NTT Digital joins the Open Wallet Foundation
NTT Digital will join the OpenWallet Foundation (OWF) effective June 1, 2024. NTT Digital aims to strengthen the international interoperability of its digital wallet and expand its services globally.
Established in February 2023, the OWF is an open-source initiative dedicated to developing secure and interoperable multi-purpose wallets. The foundation aims to support the creation of secure wallets that are compatible with any device, operating system, application, service, or currency, ensuring they are accessible to everyone.
By joining the OWF, NTT Digital will promote open-source efforts and enhance the interoperability of its wallet services, driving global business expansion. This will enable NTT Digital to offer safer and more reliable services to customers in international markets.
The International Telecommunication Union (ITU) and the Linux Foundation announced their intent to launch the OpenWallet Forum, to help drive multi-stakeholder collaboration and discussions on interoperable digital wallets. The OpenWallet Forum will be hosted by the Linux Foundation and ITU, offering a platform for governments to engage with standards bodies and companies working on digital wallets.
The new collaboration builds on the success of the OpenWallet Foundation, which will remain focused on bringing developers together to work on open source software for secure interoperable wallets. The OpenWallet Foundation hosts core open source components for secure interoperable wallets, and ITU will drive supporting multi-stakeholder collaboration while the United Nations International Computing Center (UNICC) will work with the Linux Foundation to provide a full mirror of all OpenWallet Foundation’s git-based source code repositories. This collaboration will ensure that the software is available to a global audience. It will further provide a vehicle for channeling software contributions from UNICC partners and affiliates upstream to the OpenWallet Foundation’s repositories.
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