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Cosmos moves IBC to Linux Foundation with Google Cloud backing

First reported Source: The Defiant + 1 moreLast editorial activity Write a comment ↓
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What happened

Cosmos has announced the contribution of its IBC cross-chain protocol to LF Decentralized Trust, with Google Cloud and the Cardano Foundation supporting an effort to build an open standard for connecting financial networks. Cosmos Labs holds five places on the initial seven-person technical committee, alongside maintainers from Datachain and OpenZeppelin. Google is an Internet and software company based in Mountain View, founded in 1998.

Key facts

  • Cosmos has — announced: the contribution of its IBC cross-chain protocol to LF Decentralized Trust, with Google Cloud and the Cardano Foundation supporting an effort to build an open standard for connecting financial networks

Sources & evidence

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