According to Foresight News, the Cardano Foundation has announced the launch of an open-source Identity Wallet that is compatible with the World Wide Web Consortium (W3C). The wallet supports multiple identity and credential standards, securely manages digital assets, and seamlessly interacts with decentralized applications (DApps) on the Cardano platform. It aims to lower the entry barrier for new users, enable cross-ecosystem interoperability, and integrate Key Event Receipt Infrastructure (KERI) to enhance interoperability.