Wipro joins Hedera Governing Council to provide decentralized governance model for blockchain

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Press Trust of India DALLAS
Last Updated : Mar 18 2020 | 5:08 PM IST

/ -- Hedera Hashgraph, an enterprise-grade distributed ledger platform, today announced that Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, has joined the Hedera Governing Council. The Council, designed to be the most decentralized governance model for a public ledger, will include 39 enterprises from a diverse array of industries and geographies.

Mance Harmon, CEO and Co-founder of Hedera Hashgraph, said, "The conversation around distributed ledger technology (DLT) governance is gaining prominence, with enterprises, developers, and regulators all recognizing the importance of fair, decentralized, and effective governance models. The Hedera Governing Council delivers a governance model that is designed for ongoing decentralization and is considered industry-leading for DLT governance a status strengthened by the addition of Wipro to the council."
Harmon concluded, "Wipro joining the Hedera Governing Council highlights our commitment to developers, and a rapidly emerging need for blockchain innovation. With a global presence, Wipro is a prime example of a leading multinational entity making the right moves in the future and adoption of DLT. Joining the Hedera Governing Council, alongside other top enterprises, is a strong signal of their intent to be at the forefront of distributed ledger technology as Hedera grows in the months and years ahead."
For more information, visit https://hedera.com/council
About Hedera
About Wipro Limited

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First Published: Mar 18 2020 | 5:08 PM IST

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