The OpenChain Project aims to improve open source license compliance and security assurance through international standards. Over 1,000 companies collaborate through OpenChain to develop standards like ISO/IEC 5230 for license compliance and ISO/IEC 18974 for security assurance. Adoption of the standards is growing, with a 12% decrease in license issues and 31% of large German companies planning to adopt ISO/IEC 5230. OpenChain is working to develop new specifications and its global impact and member organizations are increasing.