Hedera Adds Major Household Name To Its Council – Why Is This Important?

cryptonews.com:

Hedera has announced the latest member of its governing council – the tech giant Hitachi. Hedera’s President Charles Adkins told Cryptonews why having household names join the ranks is relevant.

The Hedera Council’s

newest member is Hitachi America, Ltd. According to the press release, it plans to start creating proofs-of-concept for end-to-end supply chain and sustainability solutions on Hedera in the next year.

Charles Adkins told Cryptonews that having these major names join the council specifically, and the industry in general, is key.

This is a nascent technology, he said. At this stage, it’s important to have key partners who can demonstrate their trust in the technology.

He added:

“These well-known names lend credibility and recognizable branding to people all over the world who are still on the fence about utilizing this technology in other ways for themselves.”

Also, Bill Miller, co-chair of the membership committee for the Hedera Council, commented that distributed ledger technology (DLT) is “blossoming into real-world applications at massive scale.”

This process, he argues, requires support from household industry names such as Hitachi.

“Web3 infrastructure is increasingly attractive to large enterprises, who have never before been able to demonstrate the transparency and accountability of supply chain and other systems that are so urgently needed in today’s times,” Miller said.

Adkins told Cryptonews that the governing council looks to engage in meaningful discussions with organizations that have a deep interest and commitment to implementing decentralized technology.

Being a part of the council “allows them to have a voice in the room to discuss with other wonderful companies how to navigate the future.”

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