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Linux Foundation announces establishment of OpenWallet Foundation to develop interoperable digital wallets

2025-01-30 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen Coje_He for the clue delivery! CTOnews.com, September 15 (Xinhua)-- at the Google I / O developer conference in May, Google unveiled Google Wallet (Google Wallet), a comprehensive digital wallet application that has replaced Google pay in several regions. In addition to helping users pay with Android devices, the new Google Wallet application allows them to store everything from digital IDs to boarding passes. Shortly after the announcement, Samsung launched a new Samsung Wallet, an app that offers a similar feature set, but only for Galaxy smartphone users.

Apple also offers a similar digital wallet Wallet app for iPhone users, which can store payment cards, ID cards, boarding passes, digital keys, and so on. While all three wallet applications provide a wide range of useful features, one key feature they lack is their inability to interoperate with each other.

The three tech giants are unlikely to communicate with each other, but the Linux Foundation has proposed a new alliance that could help third-party digital wallet applications solve the problem.

The Linux Foundation announced the establishment of the OpenWallet Foundation (OWF), a "consortium of companies and non-profit organizations that work together to create open source software stacks to promote multiple interoperable wallets." OWF aims to develop secure, versatile open source engines that third-party application developers can use to build interoperable wallets.

CTOnews.com learned that the OWF open source software engine will allow third-party developers to build digital wallet applications that support a variety of use cases, including payment, ID support, digital key support, and so on.

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