Hedera introduced renowned technology corporation Hitachi America as a new member of the project’s governing council. The company plans to begin developing end-to-end supply chain concepts and sustainability solutions based on Hedera next year, according to a press release.
Hedera President Charles Atkins noted that attracting well-known brands gives authority and increases recognition of the project around the world. He also noted that the governing council hopes to further attract organizations that are deeply interested and committed to the implementation of decentralized technologies. Hitachi brings new capabilities to the Council by strengthening the network through its technical and research capabilities.
In addition, a globally renowned manufacturer brings experience and innovation in machine learning and generative AI technologies, which enhances the expertise that forms the Council’s knowledge base. The press release noted that Hitachi and its subsidiaries have already leveraged their technology expertise to develop valuable blockchain-based solutions in payments, supply chain, predictive maintenance and mining.
Hedera is an open source, proof-of-stake network governed by the Hedera Council. The latter is a consortium of diverse global organizations and businesses committed to Hedera’s innovation and decentralization.
Its forty members already include Boeing, Chainlink, DBS Bank, Dell, Deutsche Telekom, IBM, LG Electronics, London School of Economics, University College London, Nomura Holdings, Shinhan Bank, Standard Bank Group, Ubisoft and others.