Avast Commits to Becoming a Founder of the OpenWallet Foundation

As a first step, Avast joins newly formed Linux Foundation Europe as an inaugural member

LONDON and EMERYVILLE, Calif., Sept. 20, 2022 /PRNewswire/ -- Avast, a global leader in security and privacy, is publicly committing to becoming one of the founding supporters of the OpenWallet Foundation (OWF). The OWF is the inaugural project of the newly formed Linux Foundation Europe, an extension of the Linux Foundation, the world's leading home for collaboration on open source software, hardware, standards, and data.

The OpenWallet Foundation has three core goals; one, develop and maintain a robust open source code engine for world-class digital wallets"; two, to ensure interoperability between digital wallets; and three, to champion a level playing field for all vendors of digital wallets. The OWF community will focus on building an open source software stack that other organizations and companies can leverage to develop their own digital wallets. The wallets will support a wide variety of use cases from identity to payments to digital keys—all with the aim to achieve feature parity with any digital wallet on the market.

"Protecting digital freedom is at the core of Avast's mission. Collaboration, interoperability, and open ecosystems are essential to the digital future we envision, especially in the digital identity space. It is a great opportunity to join this community from the start to positively influence the security and privacy of the OpenWallet Foundation and the open source software it creates.  Avast is proud to be one of the initial founders of the OpenWallet Foundation," said Drummond Reed, Director of Trust Services at Avast, a NortonLifeLock company.

Avast is also proud to join Linux Foundation Europe to support the mission of fostering European open source collaboration and innovation. The organization's mission is to help accelerate collaborative efforts focused on challenges and opportunities of all European constituencies, from individuals to public and private sectors, something Avast has valued since its inception 30 years ago.

"We are thrilled to have Avast supporting the launch of Linux Foundation Europe and the intent to launch the OpenWallet Foundation. Collaboration is key to strengthening the challenges and opportunities faced by the public and private sector European constituencies," said Gabriele Columbro, General Manager, Linux Foundation Europe.

"Becoming a founding member of Linux Foundation Europe represents the next step in our commitment to protecting digital freedom and the advancement of open ecosystems. We look forward to continuing to collaborate with other European companies and consortia, helping Europe lead the world on issues like privacy, data protection, digital wallets, and digital trust infrastructure," said Andy Tobin, Commercial Director, Europe, for Digital Trust Services, at Avast, a brand of NortonLifeLock.

For more information about the project and how to participate in this work, please visit: Openwallet.foundation or linuxfoundation.eu

About Linux Foundation Europe
The Linux Foundation and Linux Foundation Europe together are supported by more than 3000 members internationally. This expansion highlights the Linux Foundation's commitment towards growing a truly global, diverse and inclusive institution to continue transparently advancing Open Source growth and to facilitate regional—global collaboration. The Linux Foundation is the world's leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world's infrastructure including Linux, Kubernetes, Node.js, ONAP, Hyperledger, RISC-V, and more. Linux Foundation Europe methodology focuses on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.eu.

About Avast:
Avast, a NortonLifeLock company, is a global leader in digital security and privacy, headquartered in Prague, Czech Republic. Avast offers products under the Avast and AVG brands that protect people from threats on the internet and the evolving IoT threat landscape. The company's threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others. Avast is a member of Coalition Against Stalkerware, No More Ransom and Internet Watch Foundation. Visit: www.avast.com.

Keep in touch with Avast:

• For more information on Digital Trust, visit the Avast Digital Trust Services website: https://www.avast.com/en-gb/digital-trust
• For security and privacy insights, visit the Avast blog: https://blog.avast.com/
• For handy guides, advice and tips, visit Avast Academy: https://www.avast.com/c-academy
• For in-depth technical analysis of online threats, visit the Avast Decoded blog: https://decoded.avast.io/
• For more information about Avast visit: https://www.avast.com/en-gb/about and https://www.avast.com/company-faqs
• Follow us on Twitter: @Avast
• Join our LinkedIn community: https://www.linkedin.com/avast
• Visit our Facebook group: www.facebook.com/avast

Media contact:
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SOURCE Avast Software, Inc.