If we have an Android we will use Google Wallet, if we are iPhone users we will choose Wallet, formerly known as Passbook. Unfortunately, not many options beyond official applications From Apple and Google when it comes to digital wallets.

This is about to change, and the Linux Foundation new open standard for digital walletsfrom mobile payments to ticket management, including possible management of cryptocurrencies or passwords.

An open project of this size was needed

OpenWallet Foundation project, a option away from big companies For a topic as relevant as the management of payments, tickets, or even cryptocurrencies if you trust enough.

Finally a digital wallet is an application from where we manage tickets such as plane tickets, concert tickets and even public transport passes. These apps also include digital payments, as we saw in the example of Google, where Google Pay was recently Google Wallet.

The advantage is that we collect all these tickets and payments in one place without having to access each of the services separately. The problem is that they cannot work together with each other.

The OpenWallet Foundation hasn’t started yet, it will be later this year, but Supports such as Accenture, Avast, Okta or OpenID already exist, the latter an open system for registering and commenting on the web. The idea with digital wallets is similar. It’s an open system that other companies can rely on without jumping hoops with Apple or Google.

“We believe that digital wallets will play a fundamental role for digital societies. Open software is key to interoperability and security,” explains Jim Zemllin, executive director of the Linux Foundation.

It should be noted that the OpenWallet Foundation does not intend to create its own applicationbut to create an open standard that organizations and companies can use in digital wallets under their own brand. A standard that could be a real clean air for increasingly common tools.

More info | Linux Foundation