February 14 (ChainDD) According to Tech Crunch, Amazon AWS, Microsoft, Google, Huawei, and Mozilla have announced the formation of the Rust Language Foundation, pledging a budget of $1 million over two years to support the development of Rust by Rust project maintainers.

Rust is a popular programming language in the area of cryptocurrencies. Projects such as the Ethereum client Parity Ethereum and Rust Bitcoin, a Bitcoin network library, are implemented in Rust.