IBC Moves to the Linux Foundation's LFDT, with Datachain as the Only Japanese Company Among Its Maintainers

On November 9 (JST), Cosmos and the Interchain Foundation announced that the Inter-Blockchain Communication Protocol (IBC) is being contributed to LF Decentralized Trust (LFDT), the Linux Foundation's flagship organization for decentralized technologies.

In recognition of its long-standing contributions to the development and adoption of IBC, Datachain has joined as an IBC maintainer with this move. The announcement also includes a comment from our CTO, Jun Kimura.

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About the Announcement

IBC is an open-source protocol for securely transferring assets and data between different blockchains. Since 2021, it has processed more than $50 billion in transaction volume across 115+ networks. In Japan, it is used by the tokenized deposit platform DCP and the digital asset issuance platform Progmat.

With this move, IBC becomes an LFDT project and will be developed under neutral, open governance that does not depend on any single company. The move is supported by Google Cloud, as well as individuals from Wells Fargo, Figure Markets, OpenZeppelin and others. For details, please see the Cosmos press release linked below.

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Datachain and IBC

Datachain has been engaged in the research and development of cross-chain technology built on IBC, and in promoting its adoption by financial institutions and other enterprises. Specifically, we have helped expand the IBC ecosystem by developing ibc-solidity, the core implementation that brings IBC to EVM-compatible blockchains, as well as light clients for blockchains built with Besu, OP Stack, and other frameworks.

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Commenting on the announcement, our CTO Jun Kimura said:

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For over five years, Datachain has worked to bring IBC to Ethereum and enterprise blockchains through open-source development. We welcome IBC's move to LF Decentralized Trust as an important step toward broader collaboration under neutral governance. We will work with the community on IBC's continued development, advancing secure interoperability for financial applications across blockchains.

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Going forward, Datachain will continue to contribute to IBC's development and to building cross-chain interoperability infrastructure that financial institutions in Japan and around the world can rely on.

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Related Links

• Cosmos press release
• IBC official site: ibcprotocol.dev

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