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The OS would be built in Rust and the module system could be made using ELF executibles (fast, but it could be really hard to implement modules to communicate with the kernel), WASM (can compile from many languages, slower but not too slow, APIs can be simple enough to implement if the correct VM is choses) or even a custom scripting language like rhai (slower, but best way for the implementation [way to connect modules and kernel]).
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Theseus
Theseus is a modern OS written from scratch in Rust that explores ๐ข๐ง๐ญ๐ซ๐๐ฅ๐ข๐ง๐ ๐ฎ๐๐ฅ ๐๐๐ฌ๐ข๐ ๐ง: closing the semantic gap between compiler and hardware to maximally leverage the power of language safety and thus shift OS responsibilities like resource management into the compiler.
Not to rain on your parade, but you've essentially just described Theseus OS.
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InfluxDB
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