This week marked the official launch of the nonprofit Distributed Ledger Foundation, a technology-agnostic organization focused on securing distributed ledger systems, such as blockchain, and also shaping their future governance.
The DLF seeks to become a resource for members as well as policy makers, providing awareness, information and education on issues related to business, legality and technology with decentralized networks.
One of its first undertakings will be the Free and Fair Voting Initiative, to bring freedom and fairness to elections worldwide. It will be backed by a half-million-dollar challenge grant from the Hedera Hashgraph Council, pushing for new governance models, open standards and best practice guides for governments around the world.
“We are trying to align the disruptive power of the technology with innovation in governance, trust, and privacy,” DLF Acting Chairman Don Thibeau said. “We as an industry have both an incentive and responsibility to enable these new systems to function in full compliance with the rules by which all businesses and transactions are governed. The DLF’s implementation-neutral policies will allow for participation by all who are investing in, regulating and governing distributed ledger technologies, as well as by the greater community of users of all forms of distributed ledger technologies.”
Thibeau, who is also president and chairman of the Open Identity Exchange, will be speaking at OWI’s KNOW Identity Conference 2018, which takes place March 26 through 28 in Washington D.C. He will participate in the March 28 discussion “A Holistic Assessment of Using Public Blockchains for Identity.”
Also participating in KNOW David Fields, managing partner at PTB Ventures and a member of the DLF Board of Advisors. He will take part in a panel entitled “Identity, Trust and Privacy: Driving Positive Investor Returns” on Tuesday, March 27.
Beyond the voting initiative, the DLF will partner with others who share its goal of accelerating the development of open standards and best practices on key governance issues. They include liability, voting, and fairness in systems that apply distributed ledger systems and architectures.
The DLF has pledged to build partnerships, agenda and leadership throughout 2018, refining its mission and providing value to public and private sectors. Interested parties are encouraged to contact DLF Executive Director Kay Chopard Cohen at ED@distributedledgerfoundation.org.