The Global Legal Entity Identifier Foundation (GLEIF) and Finternet Lab, an initiative of the Networks for Humanity Foundation, signed a Memorandum of Understanding to collaborate on developing secure, interoperable digital infrastructure. The work will explore integrating GLEIF’s verifiable Legal Entity Identifier (vLEI) credentials with Finternet Lab’s open-source digital tools to strengthen trusted digital identity and transaction infrastructure. The collaboration targets challenges including digital identity, data provenance and ecosystem interoperability, and will examine how vLEI credentials could work alongside Finternet Lab tools such as UNITS, DeDi frameworks and transaction protocols. Joint initiatives are expected to focus on real-world vLEI use cases across finance, sustainability and supply chains, supported by pilots, hackathons and efforts to define common standards and governance models.
Global Legal Entity Identifier Foundation 2025-05-21
Global Legal Entity Identifier Foundation signs MoU with Finternet Lab to integrate vLEI credentials into open digital infrastructure
The Global Legal Entity Identifier Foundation and Finternet Lab signed a Memorandum of Understanding to develop secure, interoperable digital infrastructure by integrating verifiable Legal Entity Identifier credentials with open-source digital tools, focusing on digital identity, data provenance, and ecosystem interoperability.