Rayls Foundation joins new Linux Foundation Decentralized Trust to strengthen blockchain technology and innovation

Rayls Foundation, a leader in integrating decentralized finance (DeFi) with traditional finance (TradFi), proudly announces its membership in the Linux Foundation as part of the newly launched LF Decentralized Trust. By joining the foundation, Rayls Foundation is set to accelerate the development of decentralized technology ecosystems and redefine the future of digital trust, security, and scalability.

LF Decentralized Trust is the premier open-source foundation for decentralized technology ecosystems, housing key collaborative projects in blockchain, identity, and cryptographic technologies. Rayls Foundation, alongside more than 100 global founding members, joins LF Decentralized Trust to lead the charge in advancing decentralized trust infrastructure worldwide. Through this membership , Rayls Foundation will contribute its  expertise in blending TradFi's strengths with the scalability, interoperability, and privacy of DeFi.

“We are thrilled to become a LF Decentralized Trust founding member, reinforcing our commitment to advancing blockchain and distributed ledger technologies, which we do through our UniFi approach to decentralization and continuous contribution to the open source community. By integrating the strengths of traditional finance (TradFi) with the innovations of decentralized finance (DeFi), Rayls offers a unique blend of privacy, scalability, interoperability, and decentralization. We look forward to collaborating on this work with LF Decentralized Trust’s with this dynamic community to shape the future of finance.”  said CH Lopes, Rayls Foundation Director.

Rayls Foundation brings a focus on enhancing decentralized trust systems and delivering impactful decentralized financial solutions to the LF Decentralized Trust community. Drawing from that experience , Rayls Foundation will actively engage in projects that will shape the future of secure, transparent, and efficient financial infrastructure.

Strengthening Digital Trust through Collaboration

Becoming a member of LF Decentralized Trust aligns with the Rayls Foundation mission to foster innovation in privacy, security, and decentralization. LF Decentralized Trust, launched by the Linux Foundation, serves as a neutral hub for the collaborative development of open-source technologies driving the shift to a decentralized digital economy. The new umbrella organization brings  17 projects, including ones from Hyperledger Foundation, Trust Over IP Foundation, and other leading blockchain and cryptographic projects.

The LF Decentralized Trust project landscape encompasses technologies critical to decentralized systems of distributed trust. These projects include the entirety of the Hedera codebase and the Hyperledger Fabric 3.0 release.

“Our LF Decentralized Trust membership is central to Rayls Foundation’s mission of advancing decentralized finance and blockchain solutions,” said Lopes. “We believe that, by collaborating within the LF Decentralized Trust ecosystem, we can contribute significantly to the development of decentralized financial technologies that offer the highest levels of security, transparency, and efficiency.”