Hedera introduced renowned technology company Hitachi America as a new member of the project’s governing board. According to a press release, the company plans to start developing end-to-end supply chain concepts and sustainability solutions based on Hedera next year.
Hedera President Charles Atkins noted that attracting well-known brands provides authority and increases the project’s recognition around the world. He also noted that the board hopes to attract organizations that are deeply interested in and committed to implementing 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, expanding the expertise that forms the Council’s knowledge base. The press release notes that Hitachi and its subsidiaries have already leveraged their technological expertise to develop valuable blockchain-based solutions in the areas of payments, supply chain, predictive maintenance and mining.
Hedera is an open source, proof-of-stake network operated by the Hedera Council. The latter is a consortium of various global organizations and companies that are 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.