LF Decentralized Trust Welcomes Bank of Korea as Tenth Member and Introduces Innovative Privacy Framework

LF Decentralized Trust Takes a Giant Leap in Decentralized Finance



On November 11, 2025, the Linux Foundation Decentralized Trust (LF Decentralized Trust), recognized as a leading open-source foundation for decentralized technologies, announced its significant expansion by welcoming the Bank of Korea as its tenth central bank member. Alongside this noteworthy addition, LF Decentralized Trust also introduced its latest project, named Paladin, a versatile privacy framework designed to safeguard digital transactions.

A New Central Bank Member Joins the Ranks


The addition of the Bank of Korea marks a pivotal moment in the evolution of LF Decentralized Trust. This central bank joins a progressive network dedicated to fostering innovation in the rapidly shifting landscape of digital finance. With the Bank of Korea now on board, efforts to implement more secure and efficient financial systems will gain invaluable insights and expertise from one of Asia's major economies.

In addition to the Bank of Korea, Networks for Humanity (NFH) also became an associated member, underlining the foundation's commitment to decentralization and collaboration in developing technologies that aim for greater social benefit. This addition enriches the expertise pool as LF Decentralized Trust seeks to innovate financial services through decentralized technologies.

Introducing Paladin: The Future of Privacy


Paladin, the newly unveiled privacy framework, promises a comprehensive solution for privacy concerns that naturally arise in the realm of digital currency and transactions. First contributed to the LF Decentralized Trust Labs by Kaleido, Paladin offers a unique full-stack approach to privacy. By leveraging a combination of modular cryptography and programmability, it integrates both cash and asset management within a single cohesive framework.

Paladin has already proven its worth with applications across various financial institutions, including central banks and commercial banks. Its implementation showcases advanced programmability capabilities in tokenized cash transactions (inclusive of both central and commercial bank money) and tokenized asset transfers, such as bonds and other valuable financial instruments, facilitating seamless payments, payment-versus-payment (PvP), and delivery-versus-payment (DvP) scenarios.

Community Engagement and Knowledge Sharing


LF Decentralized Trust is adamant about nurturing its community for fostering innovation and knowledge-sharing. During the upcoming Open Source Summit (OSS) in Korea and the Singapore Fintech Festival (SFF), LF Decentralized Trust will provide a platform for its members to showcase their expertise, featuring workshops and presentations from experts at the Bank of Korea and NFH. Key discussions will revolve around the future of digital finance, privacy technologies, and interoperability—all crucial factors as the financial landscape evolves.

The global infrastructure of finance is rapidly changing, influenced by an influx of decentralized technologies. As these advancements present substantial opportunities along with distinct challenges, the collective voice of institutions such as LF Decentralized Trust becomes vital in shaping effective solutions for the future.

Insights from Key Stakeholders


Pramod Varma, Co-Founder and Chief Architect of Networks for Humanity, reflected on the importance of initiatives like LF Decentralized Trust during the SFF. He emphasized the necessity for collaborative dialogue on the Decentralized Directory Protocol and other initiatives aimed at improving access to public registries, hence driving the innovation engine further.

At OSS, Jooyni Sung, from the Bank of Korea, will participate in a panel discussion titled “The Shift to Digital Money,” joining industry leaders from both Shinhan Bank and LayerZero to explore significant transitions in the financial ecosystems.

An industry spotlight during SFF will focus on the digital asset infrastructure revolution, featuring insights from LF Decentralized Trust’s Executive Director Daniela Barbosa, who will highlight the continued momentum toward adopting decentralized solutions across Asia and beyond.

In conclusion, as the LF Decentralized Trust community continues to evolve, the impacts of decentralized trust technologies are becoming increasingly visible on a global scale. From developing standards and frameworks that ensure interoperability and security to solidifying the foundations of a digital economy, LF Decentralized Trust is poised to shape the future, one innovation at a time.

Topics Business Technology)

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