#United States #San Francisco #CREDEBL #Hyperledger Iroha #Decentralized Trust

LF Decentralized Trust Introduces CREDEBL and Hyperledger Iroha 2.0

On February 5, 2025, the Linux Foundation Decentralized Trust (LF Decentralized Trust) announced significant advancements in its offerings by introducing the new project CREDEBL and rolling out Hyperledger Iroha 2.0, a revamped version of its decentralized ledger technology.

A New Player: CREDEBL

CREDEBL originated from an open source initiative launched in 2023 by AYANWORKS. It serves as a Decentralized Identity (DID) and Verifiable Credentials (VC) management platform. This robust tool is designed to enable organizations to seamlessly issue, verify, and manage digital credentials. With scalability in mind, CREDEBL supports the implementation of large-scale digital identity initiatives, being the backbone of national identity programs in countries like Bhutan and Papua New Guinea.

As part of LF Decentralized Trust, CREDEBL will not only have access to a structured governance model but will also benefit from a global contributor network, ensuring community-driven decision-making and long-term stability. This transition enhances CREDEBL's capabilities and strengthens its impact on the decentralized identity landscape.

Hyperledger Iroha 2.0: A Major Overhaul

The release of Hyperledger Iroha 2.0 brings significant improvements to this adaptable ledger technology, initially contributed by Soramitsu. This new version introduces a complete redesign and enhanced functionality aimed at simplifying the development process for those who may lack extensive blockchain expertise.

Key features of Hyperledger Iroha 2.0 include:

• - Modularity and Ease of Use: Developers can utilize a predefined library of features, significantly reducing the entry barrier into blockchain technology.
• - Role-Based Permission Models: This adds a layer of security by allowing diverse access levels.
• - Support for Smart Contracts and WASM: Enhancing the flexibility and scope of use cases.
• - Multi-Signature Transactions: Increasing transaction security and verification processes.

Currently, central banks in Papua New Guinea and the Solomon Islands are testing Central Bank Digital Currency (CBDC) proof of concepts using Hyperledger Iroha 2.0, showcasing its practical utility in today's financial ecosystem.

Expanding Opportunities Through Subprojects and Labs

In addition to the CREDEBL initiative and Hyperledger Iroha 2.0 updates, LF Decentralized Trust has accepted four new code bases as labs, further expanding its project portfolio. Noteworthy subprojects include:

• - Paladin: A lab focused on programmable privacy on Ethereum’s Virtual Machine (EVM).
• - Web3DB: A decentralized relational database interface promoting data control.
• - Waterfall Network: Designed for high-performance DApp development across multiple industries.

These initiatives not only enhance existing projects like Hyperledger Indy—known for its robust identity technology—but also pave the way for new technologies and opportunities across various markets.

Training and Certifications for the Future

to support the growing interest in decentralized technology, LF Decentralized Trust is collaborating with Linux Foundation Education to offer new training and certification opportunities. Some of the significant offerings include:

• - Besu Certified Professional: Tailored for IT professionals wanting to demonstrate their expertise in the Besu framework.
• - Hyperledger Fabric Courses: These classes equip participants with everything needed to manage projects efficiently.

These certifications prepare members to become Certified Service Providers (CSP) for Besu and Hyperledger Fabric, ensuring that enterprises have access to highly skilled professionals to navigate the adoption and deployment of these technologies.

Conclusion

The announcements from LF Decentralized Trust not only showcase a vibrant and fast-paced environment but also highlight the critical role of decentralized technologies in shaping the future of digital identity, data privacy, and trust within digital transactions. As they continue to grow, their focus on community-driven projects assures stakeholders of ongoing innovation and progress in the decentralized technology arena.