“What we’re trying to accomplish is not standards, trust frameworks and governance, but we are going to build code – open-source code,” says Maria Austenaa, head of Digital Identity, Visa, at the OpenWallet Foundation launch. Austenaa was speaking alongside other board members and project participants at the introductory session. “We are not building a wallet, but an engine for wallet-building,” said board member David Treat, senior managing director, Global Metaverse Business Group lead, Accenture. The OpenWallet Foundation is not in the business of assembling wallets, but bringing people together to develop the components from which others will assemble their own digital wallets. This will allow greater equity as teams in the developing world will be able explore and build their own wallets, notes Thomas Hardjono of MIT. Board member Chu Wenjing, Futurewei Technologies, Huawei’s U.S.-based research arm, uses the development of browsers for comparison. https://www.biometricupdate.com/202302/digital-wallets-to-be-as-essential-as-browsers-openwallet-foundation-calls-for-builders