The Web3 Infrastructure Foundation (W3IF) has been officially established in Hong Kong

To advance the development of the Web3 infrastructure ecosystem, the Web3 Infrastructure Foundation (W3IF) was established in Hong Kong in February 2023.

W3IF is a non-profit organization with the goal of promoting the development of open-source Web3 infrastructure by bringing together high-quality open-source projects from around the world. The foundation has established an office in Hong Kong and is managed by a governance committee, with major decisions made through transparent committee voting. The foundation operates according to principles of openness, transparency, and non-profit.

W3IF was jointly initiated by three founding members: Flomesh, Starnet, and HardenedVault. Here are introductions to the three organizations:

  • Flomesh: Flomesh is a decentralized storage network that allows users to store, share, and transfer data securely and privately. The network is powered by blockchain technology and uses a peer-to-peer architecture to ensure that data is stored and processed in a decentralized manner.
  • Starnet: Starnet is a blockchain-based platform that enables developers to build and deploy decentralized applications (dApps) quickly and easily. The platform provides a range of tools and services to simplify the development process and ensure that dApps are secure and scalable.
  • HardenedVault: HardenedVault is a hardware security company that provides secure storage solutions for private keys and other sensitive data. The company’s products are designed to be resistant to physical tampering and hacking attempts, ensuring that users’ data remains secure at all times.

Together, these three organizations bring a wealth of expertise and experience in areas such as blockchain technology, decentralized storage, and hardware security. As founding members of W3IF, they are committed to advancing the development of Web3 infrastructure and promoting the growth of a vibrant and sustainable ecosystem.

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