Express

Hedera Hashgraph Adds IBM and Tata to Governing Council

Sofia Cabrera ​

Summary: Hedera Hashgraph, a distributed ledger technology, announced that the addition of IBM and Tata Communications on to its governing council. CEO of Hedera Hashgraph, Mance Harmon, commented on the addition of IBM and Tata stating "Our governance model, which includes a robust system of checks and balances, ensures power can’t be consolidated, while at the same time ...

Hedera Hashgraph, a distributed ledger technology, announced that the addition of IBM and Tata Communications on to its governing council. CEO of Hedera Hashgraph, Mance Harmon, commented on the addition of IBM and Tata stating "Our governance model, which includes a robust system of checks and balances, ensures power can’t be consolidated, while at the same time providing a stable and scalable platform on which developers can build." Hedera Hashgraph plans to have up to 39 multinational entities to occupy their governing council, which decentralized the platform's governance and give the council the responsibility of removing forks and upholding the codebase. 


Author: Sofia Cabrera

Last Update:

Tags: ,,,
Link: Hedera Hashgraph Adds IBM and Tata to Governing Council   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 8 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 15 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 19 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 22 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 26 days ago
  • You need to login to comment.