BlocksInform
Dell (dell) has become a member of the board of directors of hedera to develop decentralized applications to assist its clients with their blockchain and web3-related companies.
Hedera's HBAR token spiked higher on the news. Things have changed a bit since then.
That's changed a little bit since then.
"With secure, provisioned [distributed LEDGER technolgies], customers can build cost effective and efficient applications across IT environments, including edge, that provide scalable data persistence, protection, control and process automation," Hedera said on Tuesday.
Specifically, Dell is going to explore the development of applications on the network hedera for decentralised environments such as calculation at the periphery – a paradigm in which data is processed using networks and devices close to their place of generation, to process at higher speeds and volumes," safely, provisioned [general book techniques distributed], clients can create cost-effective and efficient applications through their environments, including edge, which provide a persistence of evolving data, protection, monitoring and automating processes,' said Hedera on Tuesday. The board that manages the public ledger will now have as many as 39 members, each of whom manages a node on the network.
Others include google, ibm deutsche telekom, boeing, dbs and nomura holding companies.
The objective of hedera is to provide a distributed public network with safety and stability to attract large companies to rely on it. In 2014 it started accepting bitcoin as a means of payment in partnership with Coinbase. Joining the Hedera council would appear to be its first public blockchain-related move for some time however.
