 Hello, good morning. Good evening, wherever you are. We are thrilled you're joining us for the official launch of the open water foundation. We started with a simple idea less than five months ago, and I am absolutely thrilled that the open water foundation as of today is no longer an idea or a project but an actual foundation. You're going to hear first from four of our first board members, what the open water foundation is what we're trying to do also specifically what we're not trying to do. And then we are conducting a little experiment wanted to give as many people as possible a voice today. So you'll hear from a lot of folks why they are there and why they think that sharing open source software for what it's is a good idea. So thank you again for being here. And with that, I'd like to introduce you to David treat with senior managing director at Accenture to Wenjing Chu from future way drum and read with director at Jen and Marie Austin who is head of digital identity at Visa. And the next slide I think is all for you David. Excellent. Thanks Daniel. I'm honored to be part of this group. I think this is just fantastic and congrats to getting us to this point. So let's just jump right into it. In the real world, we carry our identity money and objects with us and wallets and persons to get the services and purchase goods and prove who we are. And we're now at the beginning of being able to do the same in the digital world. The ability to have digital wallets that can hold all forms of digital identity money and objects in a way that's verifiably authentic, controlled by the end users or wallet owners is going to be wildly powerful. These digital wallets are going to enable us to better manage what we share with whom and for how long it's going to enable retailers and service providers and authorities to work with actual and verifiable data shared by users instead of harvesting data from networks and third parties. So lots of different capabilities of what can be put in the wallet and lots of touch points as to where it can be used and that portability and privacy and security all at the heart of it with end users in mind. If we go to the next slide. Really this statement is, you know, is core digital wallets are going to be as essential as browsers as we enter into a period where the successful digital businesses are going to be those that establish direct trusted relationships with users through these digital wallets and users are going to gain greater control, privacy and security. So let's talk now about the browser construction over to you. Hi, I'm Wenjin to very proud to be in this great group. Let's continue use the browser analogy. You know, really to illustrate what open wallet foundation can do for a vibrant ecosystem around digital wallets at the very beginning of the web, maybe around, you know, 90s we had a visionaries like Tim Bernally and others who came up with the core ideas. Those ideas became standards like HTTP HTML. And we saw early implementations of what would become browsers and web servers. They assume open source projects with neutral governance was started to pull resources together to reduce incompatibility to produce better quality implementation and to experiment with many new ideas. Eventually many commercial productions chose to base their browsers on these open source browser engines, for example, Chrome and Edge were based on the blink engine and so on. So why did such a development pattern happen, because it costs less shortens time to market office grading probability ultimately deliver better overall benefits to all for our users. So I of course that's an analogy and each project or technology will be different. The open wallet foundation aims to follow this pattern to to really that's true to so many successful open source projects. So let's go to the next slide. So, what we like to do in the open wallet foundation is to follow this pattern. And then we will leverage many vision ideas that's defined, you know, in many of the open standards, some of them listed here, as well as rules and regulations in various markets, for example, your opinion in the regions, and provide a neutral home to pull community together to develop a set of high quality open source software components for open wallet. So we aim to achieve these same goals for better cost efficiency, shorter time to market rating probability, and ultimately benefiting users with security privacy, you know simplicity features costs, and through the community we build together. Back to you. Yep. Hi everyone. We just wanted to emphasize the main point or one of the main points that what we're trying to accomplish is not new standards trust frameworks and governance, but we are going to build code open source code. So let's get to the mission statement to the next slide. Let's create new ecosystems. They hold great promise such as making digital services more convenient more secure. They give the users more control and privacy like what David was describing. However, it's really complex is in two sided models there's cross domain, there's public private sector collaboration required for instance for digital identity, or banks and card schemes with merchants such as we have in payments, or even providing access to previously critical services such as health. So considering this complexity it is absolutely essential that collaboration is, is at the key. We build on standards to create open source code to simplify the build of wallets encourage interoperability across services and devices stimulate innovation. And at the same time on encouraging you to choice and showing security and and privacy. So at visa we're very excited to be part of this journey and very much looking forward to the future that we can create together. Back to you. All right, so. Hi everyone. I'm going to redirect our trust services at Jen. The world's leading consumer cyber cyber safety company with over 500 million users. We strongly agree that digital wallet is the most important new tool since the browser for consumers to protect a cert and verify their personal data online. So we're excited to engage in a new era of trusted relationship management. So we are super excited to be a founding premier member of this new project hosted as you see here by the Linux Foundation Europe. So the organization the open wallet foundation is what the Linux foundation calls an umbrella project. So our parent organization again is LF Europe. It has a governing board that is formed from the premier members plus elected representatives from the general and associate members. And next there are two key councils the government advisory council and the technical advisory council. The former is very important because digital wallets are already a an important new tool in digital infrastructure that governments are already, you know, passing legislation around a wonderful example is the European digital identity wallets initiative in Europe and one of the reasons we're formed under LF Europe. The technical advisory council or the tack will provide the overall coordination of the member projects that are underneath the umbrella that you see at the bottom. The structure of my belt project is is chosen very explicitly because it allows a collection of individual member projects that are managed and run by the participants and the contributors to each of those projects. So this allows us because they can interact as peers and allows the best of both bottom up and top down coordination because the projects can interact as peers and then the technical advisory council can help coordinate across the project. This is how we feel we'll get the best combination of world class open source code to produce highly secure and privacy preserving digital wallet engine that can serve markets all around the world and be the source of many different digital, ultimately digital wallet projects. Daniel back over to you. So now you're going to hear from members and friends of the open wallet foundation, why they are here where they're excited in open source software at the heart of secure and interoperable wallets. I'm not going to call out everyone, because we really want to maximize your time. We're starting with with Lofi. Thank you very much. So the American Association of Motor Vehicle administrators represents 69 North American jurisdictions that issue driver licenses and ID cards. And we also count among our members similar organizations in other parts of the world. And our members have a need for digital wallets that among other things support interoperability between an issue and wallet and between a wallet and a verifier that respect privacy and that will now hold a choice. And so hold a choice is expected to flow from open source solutions per definition. And ideally, such solutions will also accommodate the interoperability and privacy needs of issuers and our customers. And so I was excited about participating in the open wallet foundation initiative, because we believe it really has the potential to deliver on all of these points. Thank you on to the next one. And doc go ahead. Sorry, I had to get off mute. I'm with customer commons on the co founder and president of customer commons which represents customers which are approximately 100% of the population. Where we come from is that wallets are personal in the physical world in the digital world as well. So that's why I'm here to speak for the individual wallet holder and the need for a wallets to be truly ours and to be destitutable and not suction cups on corporate tentacles. And that's basically where we come from. Here, over to you. Yeah, okay. Hello everybody I'm doing, I'm running the digital business. Digital identity business with Indoch Telecom prove and two systems and why do we participate in the open wallet foundation it's very easy because we have all understood that ID wallets with secure very private ventures are really a quantum lead for investing what we do on the internet. They provide a secure digital identity and will contribute to a better digital experience in almost all areas of the life, or based for sure on the principle of self sorority of the citizen. As much telecom and systems we are really proud to be an inaugural member of the open wallet foundation and contribute to a highly secure international ID wallet technology, especially also here in Europe for the identity ID So representative data and only through transparency self serenity compatibility and using harmonized trust angles we do gain trust, and trust is really essential for citizens to use and to accept the ID wallet technology. Therefore we would like to contribute to. Therefore we are here. Yeah, thank you. This is for here I'm one of the co founders of the DDoS, a Swiss nonprofit data stands for digital identity and data so into association as such, our core interest is to, you know, bring the dialogue and make sure that the digital identity that we have here in Switzerland, they embrace some sort of sell sort of identity values. And, and we view it as a very, very important cornerstone for all the future, you know, digital interactions are really not only it's visible but everywhere. And as such it's very, very important for us to, you know, be part of this movement because without the standards without corporations there's not going to be common standards there's not going to be adoption. And therefore this wonderful future that will embrace data sovereignty inability people to own the data to decide how to represent ourselves to the world and how they conduct their business with companies and things and so on will not happen. So, you know, expert effort, looking forward to contribute and bring out members, you know, include researchers, developers, big corporations, small corporations lawyers, you know, with expertise to the table. Hello everyone. My name is Claire Nelson and I'm the executive director for the decentralized identity foundation, also known as diff. And diff will work very closely with the open wallet foundation, diff and the open wallet foundation are both part of the Linux foundation and contribute to open standards and opens to our software respectively, which are proven mechanisms to scale open technology projects and ecosystems. Congratulations, open wallet foundation. Hello, everyone. My name is Peter Altman. I work at the Swedish agency for digital government. I have worked extensively with the architecture reference framework within the European digital identity wallet initiative. And I will work with standards in preparation for the implementing ads for the proposed aid us revision. So the proposed concept for the digital identity wallet is highly modular or is based on a highly modular design. And I am very interested in all kinds of open source plugins and more modules that can potentially be used for the national implementations of the wallet. Hi, I'm Andre from is a lot of us. As many of you may know is that this has been an active contributor to serve someone identity since 2015 already so we are very happy that digital trust systems have now reached the level of attention they deserve. And it's clearly a marathon if you strive to paradigm shift the network world, but at the same time, it's a heavy lifting exercise as you need to create substantial tech, including and particularly wallets to create a useful and broadly deployed engine requires lifting synergies and joint forces, and that's what all WF is about for us. We look forward to collaborating and we bring along our extensive wallet experience from many years in the field. And in fact, we already have a lot of new stuff in the pipeline. The major release of the mobile is that is what it is close. It will be now named so wanted as part of also ecosystem, and it will be extremely cool to team up and the wf to accelerate all of evolution for all. So stay tuned and join in join WF. I'm really excited to be here today and congratulations to all. It has been quite a trip over the last six months and a big thank you specifically to Daniel Gulshider for bringing the open wallet project to the Linux foundation is really been a pleasure working with you and all our founding sponsors. My name is Daniela Barbosa, and I'm the general manager across the Linux foundation for blockchain and identity projects. And I also serve as the executive director of the hyper ledger foundation. What we're talking about here today is the larger theme of digital trust, and how open source is so important to achieving critical digital trust infrastructure across our offline and offline worlds, worlds. For the last seven years the hyper ledger community has built and nurtured distributed ledger and verifiable credential technologies, including hyper ledger Indy Aries, and our most recent project and on credits, which is the most commonly used verifiable Over the last six months or so, I alongside the hyper ledger community members have been working with the open wallet foundation community led by many of the speakers you have heard from here today, and many others who are already contributing. And I thank you all for your support. The hyper ledger foundation is looking forward to collaborating alongside our already mature open source projects and community to help boost the level of trust and effectiveness of digital wallets and help us build better and faster together. So thank you all. Hello everybody. My name is Sebastian out force I work as a senior architect at the ID now. So, at ID now we have been contributing to digital identity standards in organizations such as Etsy, some we foresee final alliance and the Linux foundation for many years. Last year, we have been very active with the European standardization work on the idea wallet. So it's now an honor for us to be a founding member of the open wallet foundation. And we are here with the intent to cross the bridge and show our knowledge between the idea wallet project here in Europe, and the open wallet foundation. Hello, my name is Tim Rueckmann. I'm the co founder of IMX from Swiss as a young company IMX is happy to be a member of the open wallet foundation, because there's an opportunity to realize the shift of identification power from centralized entities to the individual, which out of our eyes has to be based on open source code. The era of an identity serving as a product controlled and capitalized by corporates is coming to an end. It is time for the people to take ownership of the identity and IMX is here to help shape this process and help to promote an open source wallet ecosystem. Our focus is here on compliance solutions. Thank you Daniel and everyone for the warm welcome. Good morning, my name is Ethan van der Klassen and with ID 2020 with so many aspects of digital of, you know, everyday life occurring online now digital trust has never been more critical. And as this trend continues to accelerate and as David noted in the intro, we know that digital wallets are going to be the primary means by which individuals receive store and share their identity documents educational credentials health data money and other digital assets. In 2020 you're acutely aware that despite the pace of digital transformation, one person and nine globally that's a approximately 850 million people including nearly a quarter of all children are being left behind there because there's no official record of their existence let alone a digital version version that will enable them to thrive in the modern world. We're proud to be contributing to the work of the open wallet foundation and thank you. Thank you to all through our involvement will be working to ensure that wallets are designed intentionally and from the outset to serve the needs of all users and support to better decision making about where, when, and with whom we all share our data. So, thank you. That's me. Hi everyone. And thank you for the warm welcome as well. Sutton max well at Indy kite. And, well, we're here because quite simply this is a space that really just can't afford looking at kind of a siloed or build by build approach. The core pillars of the initiative here around open source around interoperability and around the emergence of new trust standards will not only drive creators and vendors to create great products and customer experiences. But will also result in a much more kind of ethical view and sustainable view on how the technology is created. This is something we strongly believe in here at Indy kite. And in addition, you know, ensuring that consumers, when they engage online, have the freedom to maintain their identity and verifiable credentials and share relevant data when where and how and with whom they engage, it's really the future kind of and one of the main reasons why we joined this initiative and of course we want to be a part of building it right. So we're super excited to be here we're super excited to join the open wallet foundation and join so many like minded organizations here in the room to help contribute. Thank you. Hi everybody, I'm Vicky Manila trust services director with Intesi group, an Italian qualified trust service provider according to the I guess regulation. Why we are here in this really exciting initiative because shaping because we like to shape technology that respects our freedom and fundamental rights as citizens in the digital world. And of the paramount importance that technical implementation of a digital identity and digital wallets enabling our interactions, don't miss anything of what makes us humans, three human beings. The challenges can be addressed only in a collaborative way on a common ground, which is open wallet foundation from now on. We are really excited to be part of this amazing group. A special welcome to you and again our apologies. I know it's in the middle of the night in Tokyo and we're really thankful that you're here and I think I've seen a couple of people in the guest list from Australia so thank you to you as well. And our apologies that we're doing this in the middle of your night. No problems and congratulations to open wallet foundation for successful launch. I'm not second, the chairman of open 90 foundation of open 90 foundation, which is a technical standards development organization in digital identity. We are at the forefront of achieving the principle now. However, just being wallets mediated doesn't achieve it. We need diversity, and we need trust in the code of wallets and see provided by open source implementation is therefore essential to achieve it. And much looking forward to working with open world foundation. Hi Thomas, I'm the director of the MIT data trust consortium. So MIT as the home of the world's first open source software project called Kerberos, and also the creative the MIT license we are very excited to see the LF launch the open wallet foundation so there's three reasons for this. If we really want to have to true decentralization then users need to be empowered with control over their data, digital assets and keys. Secondly, having open source implementations provides a way for the code to be analyzed from a security perspective and be assessed from a compliance perspective, and this is needed in order to achieve trust and assurance. Thirdly, having an open source implementation allow people in the developing nations to begin exploring and deploying solutions based on this freely available software. So we are very excited about this will look forward to be collaborating and making this open wallet foundation a success. Could us do that Danielle for pushing this. Thank you. Hi, this is Sanjay here from the modular open source identity platform. We are proud to be a part of the launch of the WWF. At most of we have been involved in helping countries develop national ID systems digital ID systems. We expect that digital credentials will replace paper for many daily users, and then the process of actually developing an open source wallet called in G for this purpose. Users will be able to use this identity set and other credentials security under their own control. We are glad to join this effort to work with like minded people to create an interoperable ecosystem and congratulations once again to the open wallet foundation for this launch. Hi. Okay, it's Nick by the shore from the open I don't exchange I'm here in my corporate close today at one of our events. And attendees today are all watching the launch of the open wallet foundation so I took one downstairs. We're delighted to be part of the world foundation. It's exciting. And Daniel thank you for bringing us this far and we're only just at the first steps. From our perspective, we're all about trust and identity. And wallets will carry the digital credentials the identity credentials in future this enable us all to prove who we are anywhere around the world. And that we're still going to be trust frameworks. The wallets is one component, a big puzzle that we're all trying to solve together to try and bring this dream of interoperable, safe, secure, inclusive identity to market and over wallet foundation and adjoining that and solving this part of the puzzle. I think it's absolutely fantastic. But for our part, we are looking at how we can express policy rules and an open policy rules exchange framework that we hope that over wallets will be able to consume to understand that policies. And the tools that conference frameworks, a new foundation. Thanks guys. This is Patrick Harding here from pink identity. Thank you to the open wall of foundation for pulling this together and to allow us to participate. If you don't know pink provides identity infrastructure that sort of powers identification authentication for a number of the world's largest companies whether they be banks online retailers manufacturing healthcare etc etc. We've been participating in open identity standards now for 20 years or more. Recognizing that through standards, we give organizations choice in the sort of the vendors and the infrastructure and the software they use to basically solve these identity problems. Now with the introduction of wallets and the notion of verifiable credentials that are exciting unto itself. We also think that users should have choice as well in the wallets that they basically can take advantage of. So they shouldn't be locked into, you know, to, you know, any specific versions of wallets there should be choice out there, basically for the users. And that that choice also I think allows for innovation to occur because I think the most critical area that's going to prevent prevent adoption of, you know, of credentials and decentralized identity is the experience users have. I think enabling innovation to occur in a sort of an open way to say to actually get a feel for how this is going to work in the real world is critical. So we're really excited to be participating and really excited to be contributing code to the project. So thank you. I'm Lucas Fleury and Chief Product Officer at Spark Media Technologies. We have developed one of the industry's first to click Web3 custodial wallet service and as of today, have nearly 5 million Web3 wallets on the custody. When we build our platform, we believe that we need to make Web3 wallets easy to use, open, as well as secure for both enterprises as well as the end users. This requires collaboration with industry partners and a community who share those values. So we are very excited and thrilled to be planning for the Web3 wallet package. Hello, I am Judith Flater, the Director of Strategic Engagement for the Trust over IP Foundation. And I am very excited because we are a collaborative community that is focusing on creating a complete architecture for the Internet Scale Digital Trust. And so it's so good to see so many friends that we've been working with over the years. Wallets are one vital component of that architecture. And the wallet enables people to perform a myriad of transactions. So it is very important that the engine is designed in the open with credentials and object portability built in. Having common code used across the wallet to prevent vendor lock in and to allow people to the choice to move their digital credentials from one wallet to another, as needed by the individual provides choice and confidence for trusted transactions between friends, organizations, customers, citizens and devices. We are delighted to see the Open Wallet Foundation taking on the creation of the code of this vital component of a complete architecture for digital trust at Internet Scale. Hi everyone. This is the Vora Company with the Secure Identity Alliance. The SIA is a global nonprofit representing actors active across the digital ecosystem and building further on our collaborative DNA at the SIA we are really happy to join the OWF. We are excited to bring to the table our expertise in identity and security and work towards the development of an interoperable digital identity wallet engine that we believe can benefit societies a whole. The heart of our decision to join OWF are our shared core values of open governance and healthy community driven development. So we are excited to be here to be part of OWF and really looking forward to starting this journey with the community. I'm Brian Ballendorf. I'm General Manager of the Open Source Security Foundation, hosted at the Linux Foundation. And as an open source software evangelist and developer since the olden days, I've seen the amount of friction and thrash that the lack of interoperability in the digital identity space has caused. We're moving into an era though where large language models, nation states, cyber attacks and disinformation campaigns will make knowing more verifiably and with high confidence about who you're interacting with online ever more important in a world where digital infrastructure has become critical infrastructure. It's not because we didn't have suitable standards are good enough intent. What we have lacked was a shared production ready open source client to really drive true interop at the last mile, straight to the individual who has been at the, who has to be at the center of any truly just digital identity system. As we saw with the birth of the web shared code is required in addition to shared standard standards for interoperability for such a foundational layer of the global technology stack. This way we will get there faster but more importantly we will get there together. I'm excited about open wallets potential to be that last mile in concert with and driven by all the organizations and individuals present here. Thank you very much Brian. I'm really proud of everyone who is here, everyone who spoke and we have quite a few members who were unable to speak today. And I'm also really proud of the mix. What you're seeing here is people from companies both very large and very small from startups to companies that have been in the business for a long time, as well as nonprofits who are either shaping the standards or bring very important use cases to the table. And I believe it's going to be vital to also have a successful governmental advisory council. We believe that the only way to create wallets and source code for interoperable wallets in a truly equitable way is to bring all of those constituencies together. And this event today, more than anything else is a hope to action. It's really an invitation to join the open wallet foundation and to contribute. Contributing by offering code or developers is completely free of charge. We're really trying to attract as many developers as many architects as possible. At the same time, we believe that the success of the open wallet foundation will really depend on creating a governance structure that ensures that the code belongs to all of us, not just to one company or one platform or one protocol but is truly inclusive. With that said, we thought that we tried to leave as much time as possible for you and questions that you may have. And I think a few questions already came in. The group has been answering questions as they came in. And one that I thought I would start all of you out with is a question about what kind of open source software components open wallet foundation wants to provide. This is drum and I'm going to go ahead and say that's a good broad question, and they fall into several categories. I'm going to name some of the obvious ones. There are several major formats for digital credentials today. You've got the ISO MDL credentials, W3C verifiable credentials, the non creds develop the hyper ledger are just several examples. So you need code modules for processing both and producing proofs or presentations of those credentials. So that's one category. Then there are different protocols that the wallet engine will need to be able to speak to do credential exchange just in the area of that plus of course protocols for payments. And then for interacting with digital objects, room keys, car keys, office keys, whatever those so those are two major categories. They're also obviously components involved in coordination across them. I'm going to turn it over to Wenjing. I see his hand up. Go ahead, Wenjing. Yeah, I'll add on what Drummond said. There's one way I thought was very intuitive and convenient to visualize these is, you know, think about a digital wallet as a container that we individually own. And so there's first thing we need to do is that container needs some good quality code to make sure that it can live in various kinds of devices or other objects that we own, and make them secure and very easy to use so that that's one part of that. And then within this container, you can put different things into it. Right. We can say, you know, assets, digital assets that could be cars, different payments, IDs credentials. And so there are lots of different, I think we think of as a very valuable assets can go into this, this, this wallet as a container. So if you imagine those two, I think a big pieces that would, you know, in caps, I think what Brian was talking about as the last mile decline that we actually use, that's a, you know, quite, I think the important part of the infrastructure for the future. Here, go ahead. I think there's one more argument from my side. Additionally, that what we have heard already. I think beside all the new technology that we will develop alongside SSI technology, I think we have to find ways also to bridge to the current existing technologies like almighty connect and find ways how we can support legacy and the new world at the same time for our customers because only when we address really an ecosystem in which we can, can, can, can create some kind of an ID wallet which is have an auto protocol like ignition, and then we can kind of apply and the same manner like you guys are very far as requesting the format in those formats, in a really multiple ways and I think we will end up in a compatibility that we can have wallets which fits to every kind of use cases this is exactly something that we have experienced here in the world in Europe, especially that you're not only focusing on the new things you have to find ways to pitch the gap to the legacy architectural things as well. This one I would like to add here from a focus for the wallet development also from our perspective. I have a question about the timeline. When the project would like to release code. And the project is just getting started and will on board through the technical advisory council various of the individual projects that it will support. But I don't know if any of the panelists would would like to think, but would like to talk about what your expectations are for for timing. I would say that I think all of us want to move as quickly as we can. But as you just pointed out Scott. In an umbrella project, it is a collection of individual member projects that are each going to be largely managing, you know their own base of their own contributions and then coordinated across them. And it will depend on how fast, how many contributions there are how fast those projects, each individually want to proceed. And, you know, again, collectively, the faster we can go the faster we can make the impact we all want to make in the market. I think the only thing I would. Sorry, Scott, I think the only thing I would add is we do, we do have the significant benefit of a number of folks already reaching out with contributions so we're not, we're not starting from scratch. You know, and that'll, that'll give it a jumpstart and I'll just echo, you know drumman's, you know, start opening point of as fast as possible. So, you know, if you have code that you think is valid and can be contributed will will welcome all of that to make sure we're not starting from scratch. And this under just was about to say that the same actually at many of the members have already working code have basically worked on wallets for for long time so I think it's a matter of finding the best way to basically team up and then join forces under open the foundation so I can tell you a little bit about my vision actually we're, we're looking for for contributors to the pieces we have been building around the area sweet, and we are basically about to release our core wallet stuff as an SDK, I mean, I'm probably jumping the gun here about our internal cons but doesn't matter so I think we actually look forward to having more collaboration around this particularly wallet SDK sweet. And we can work off of that so I might might be a goal is to basically have that as one stream under WF. I don't know how to do this yet but I think we'll figure it out. I'll add a one very quick point, you know people in open source community very familiar with how the upstream downstream ecosystem working open source. Not only we're not, you know, starting from scratch because we have code contributions related to come in, but also that there are many very mature and well, you know, tested code out there that we can leverage on and I would just mention like many of the individual projects, and Daniel mentioned, and numerous projects in another, whether it's a within links foundation or other open source communities already developed about give us a very good start as well. Thank you. What I want to mention is that joining open wallet foundation while any organization is welcome to. It is not a requirement to participate technically. Our technical projects are open for participation under the terms of their respective governance documents and joining open wallet foundation is not a requirement to that, and it's also not a requirement if a project were to be contributed. That's something to keep in mind. We do have a question in about. I think the slide Marie that you mentioned, in terms of the areas that open wallet isn't focused on, and someone asking for more information about why open wallet isn't focusing on standards and governance, etc. Sorry, please go ahead. I'm sure you'll compliment that Daniel. I can probably just build a little bit more on that one. I mean, in terms of standards, there's so many of the standards organization that has proper processes. And, you know, great participation as well. There's no point in reinventing any wheels here. So I think that's when it is, it's, it's quite clear in terms of others like like a governance like trust frameworks, as well as a few examples. There's a bit of the same. I mean, we have the OIS and there's more as well and there's lots of government initiatives around trust frameworks as well. I think we will be looking here at how can we make sure that such a wallet and such as the code base for wallets can effectively support and work with the trust frameworks and the rules that exist in the market like those coming out of the EU and so forth. So it's more about trying to bring to life and implement, rather than define the trust frameworks and the governance around it. So getting getting wallets into the real world is what we will more focus on. I know Daniel, do you want to add to that, of course. I think you're, you really said it. You know, we are very proud and happy to have companies as founding members that are really focusing on creating standards and the very last thing we want to do is start to compete with us. We believe in development organizations and create our own open wallet standard. We believe, if anything, the world probably needs fewer standards rather than more and definitely not standard coming from us. And, you know, the same is true when it comes to governance structures or or trust frameworks. It doesn't mean that as an organization we think that those questions are not important. In fact, we think they are so important that we don't want to meddle. And in my experience, it is rare to find a restaurant that sells everything from pizza to kebab to pineschnitzel and do everything at a very high quality. Hopefully we will be known for doing one thing and one thing really well, and that is to create open source software that anyone can use to publish their own wallets. And of course that software is going to be built on the standards that that exists today. And I put my hand up because I also want to highlight this is one of the primary reasons for the associate membership and the fact that we already have 20 organizations that have signed up and are going to do that. Many of them are involved directly in the standards process and we have invited them as an associate members in order to advise us, and also accept, you know, one of the things that happens when you implement the standards is you learn a lot and they want the feedback from that so I see this very active feedback loop with with our associate members and and the all the standards development organizations involved with the space. And again that's where we concentrate on the code they can get the feedback they need and everyone wins. We have a question in about how wide does the group see the capacity of a wallet does it cover all the dimensions of a person's life and we'll be able to store a lifetime of personal data and verified credentials. Maybe I'll take this one I don't have a way to raise my hand unfortunately. So basically a basic principle and the principle we're trying to do is to really have a bottom up culture. So the idea is not that that the board or the technical advisory committee of the open wallet foundation is going to say exactly, you know what we're going to focus on what the winning protocols credential formats are going to be what the use cases are, or whether we are focusing just on wallets for people also wallets for businesses or maybe, you know, things in the future. Our hope is that the open wallet foundation is going to provide a platform a springboard for companies and nonprofits to come together and find like minded partners to create code. And my personal hope is that in a couple of years we're going to look at that code and we're all going to be amazed because there are going to be projects that none of us today could have thought about. So, if you have an idea, if you think that there is something that you want to work on and you want to work on isolation but with others, please consider the open wallet foundation to be a partner to hopefully find such like minded partners and create fundamental code together. And then, you know, and that when I want to put my hand up to say that it does depend on what the members want to see happen. Speaking on behalf of GN, we totally believe in a universal digital wallet that can service all parts of a consumer's digital life. Again, that's why we believe it is the most important new tool on the internet since the browser for serving everything an individual needs to do. And I think in a few years we will see things powered by digital wallets that we never imagined and that's exactly why Jen is here. Patrick. Oh, I got my hand up. Okay. Thank you, Daniel. I was just going to actually say something very similar to drum and in that even though pings and identity company. And obviously we see identity related information the stuff that you would normally see in your physical wallet in the in the digital wallet. We definitely see this for more than that payments being an obvious one, but even extending that into sort of the web three world. We see a lot of NFTs as well. And basically, you know, things, things that basically are associated with you and you own and you want to control digitally. So, so I'm thinking of it like anything that exists in the physical world that can be digitized that belongs to you can go in this wallet, essentially, over time. And I think it's set up very well so I will probably just rephrase a little bit. You know, for all the internet and the mobile technologies that we've been enjoying for for a long time now. And the way that we have a server which contains a lot of data and our client side does not have much control of it. And that's that caused so many issues I think that we see more and more today and you feel like the many new technologies happening very fast. These smart AI agents, for example, really it's creating a space that we cannot go on with the model we have today. It's quite important to think that all consumers everybody use high technology should have a means to really manage and control your own data in the way you see fit. And where that means coming from we need a tool and that tool I think is the digital wallet so that's everything that we see or feel valuable, whether that's for privacy or for any other reason. Should it be, you know, we need a home for that and that's the wallet. So I hope that answers some, you know, part of that question. Thank you. We have a question in on what to do about competing contributions. The technical advisory council will be responsible and we will expect this to happen very quickly for setting requirements for contributions of projects. You know, when you look at projects that are supported by Linux Foundation Europe Linux Foundation, our perspective and our general recommendation is to take an expansive view, and to include many projects, even if there is overlap between those projects because then what can happen when they're all communicating with each other is they can find out the areas where the other project might be better. They can further specialize in their particular focus. And in some cases projects end up merging as an outcome. So that's our general approach. We're looking through the q amp a for additional questions. We have a number. We've been asked when requests for projects will be posted of the website under the technical advisory council section will post information on how to contribute to projects and we would expect that to be up in in the coming weeks in the near term. And here's a question I'll ask of the panel. We have a question on minimum requirements for projects in terms of privacy and other requirements. The technical advisory council will be required. We'll have its parameters on in terms of what it's looking for from projects. There's certain policies that we require the projects comply with. For example, code projects we want them to use as their primary license a license that's approved is open from the open source and open source open source initiative. We'll see more but we would expect the technical advisory council to set parameters on project requirements. And we have a question about proposing member projects again projects can be proposed by anyone if there's a group of developers that are working on a project that that feels that it's aligned with the open wallet foundation. The instructions will be posted on the website and they can follow that process. The technical advisory council meetings will be will start shortly and those will be public. And as I'm looking through here, Daniel I'll put you on the spot and just see if there's any questions that that you're looking at that you'd like to answer. There's actually a question from all like that I'm just seeing here whether or not you know we're going to be subject to you rules or rules from the Department of Homeland Security. Yes, absolutely. So, when you look at different code components and different use cases and different jurisdictions there will be different rules and sometimes these rules are going to be made by governments. Sometimes they are going to be made by organizations like EMV code but in any case, you know, when you are trying to create code that is useful. You will need to live up to those to those rules and regulations. And so this is one of the reasons why we're not proposing one monolithic project because we don't think it is possible to create one code base based on maybe even a one or two protocols and credential formats. That is going to be useful for every use case in every country. You'll probably for a long time need to work with different credential formats with different protocols adhering and living up to very different rules. And of course we're going to be subject to those rules whether they're going to be mandated by a government or whether they're mandated by a private organization. And David, you had a hand up. I was, I was Daniel covered it well. I was just going to underscore the point that of course we're not building just to make it super clear. We're not building the wallets right we're building an engine for wallet builders and that alignment of meeting a community is, you know, a community of small or large or government, you know, country wide communities, laws, policies, regulations and social expectations and the use cases. There were a number of questions that were jumping, I think to the conclusion that we were building a wallets and of course that's not what we're doing. We're building the componentry to be able to have have companies build wallets to meet their individual communities needs objectives, you know, as well as law policy regulation and cultural values. We are at the top of the hour. And I'm sure you know just looking at this there are a number of questions that we have not answered I hope that we are we have captured those those questions if we have not and we're not answering those questions in the next 24 hours. Please do send another message to us and we will try to get back to you as quickly as possible. You see here again, a call to participate. The open wallet foundation is only going to be as good as the code contributions and as determined as the developers are going to be that are joining. Going to be only as democratic as the companies and nonprofits and representatives of governments that decide to join the open wallet foundation as members or participants of the governmental advisory council. We really depend on you to try and make this a success. I believe wallets are too important to not try to address them together. So this is a call. This is a plea to come together. Even though we may be in love with different credential formats or different protocols. We may have different ideas about privacy or security. My hope, our hope is that we are sharing any need desire to create fundamental open source software for secure interoperable wallets together and we hear hope that you're going to join us if you are not already on board. Thank you. Thank you. Thank you everyone and that will now conclude our webinar. Thank you for joining us today and to the panelists. Thank you every everyone for joining and participating. Thank you Scott and Daniel everyone. Thank you. Bye. Thanks a lot. Thanks a lot. Hi everyone. I want to thank all of our panelists for their time today and thank you everyone for joining us. Just a reminder this recording will be on the Linux Foundation's YouTube page later today. We hope you join us for future webinars. Have a wonderful day.