Logistics giant FedEx joins the Hedera Governing Council

HBAR1,38%

Odaily Planet Daily reports that logistics giant FedEx has officially joined the Hedera Network Council, collaborating with companies such as Google, IBM, and Dell to jointly govern the Hedera distributed ledger network and operate network nodes to participate in decision-making. The company stated that this move aims to promote the digital transformation of global supply chains and achieve “digital speed” operations, rather than relying on traditional paper processes. FedEx Executive Vice President and Chief Digital Information Officer Vishal Talwar noted, “As supply chains become increasingly digital, trusted data must be shared and verified across multiple parties without increasing risk or centralizing control.” Currently, other members of the Hedera Network Council include well-known companies such as LG, Deutsche Telekom, and Ubisoft. (Decrypt)

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