As central banks around the world explore and test the uses, viability, and needs for a central bank digital currency, they are increasingly turning to distributed ledger technologies (DLTs) hosted by LF Decentralized Trust.

• LF Decentralized Trust technologies feature open build, vendor-neutral governance, and broad production use across sectors.
• These DLTs boast a proven track record, robust community support, and transparency, suiting central banks perfectly.
• LF Decentralized Trust projects are trusted in DLT-based CBDC implementations.
• We support collaborative development of technology for public utilities like digital cash, enhancing benefits through shared efforts.
• The ebook details open source development in central bank projects, highlighting global uses of LF Decentralized Trust technology in CBDCs.

Why do organizations use LF Decentralized Trust as a home for their open source code projects?

• Neutral organization to host the code, easing worries that one organization will dominate or terminate the project
• It's challenging to build an open source community from scratch due to legal and operational issues
• We have staff experienced in managing and building communities
• Shared resources across the Linux Foundation
• Healthy vendor ecosystem
• Large enterprises already trust LF

Open sourcing software can:

• Increase rigor
• Add transparency
• Improve collaboration