Hassan Maishera
The Hedera team announced via X on Wednesday that Arrow Electronics, a global distributor that sources and engineers technology solutions for thousands of leading manufacturers and service providers, has joined the Hedera Council.
As a member of the Hedera Council, Arrow Electronics will support decentralized governance of the Hedera Network and develop a global supply chain initiative focused on standards and efficiency. Hedera Council is a governing body made up of leading global organizations to foster trust, security, and innovation on the Hedera Network, a public distributed ledger technology (DLT).
Arrow is exploring the development of a DLT-based supply chain use case built on the Hedera network. This initiative will focus on enabling real-time visibility into the movement of goods across complex, multi-party supply chains, facilitating automated compliance checks, and enhancing predictive logistics capabilities for global manufacturing and distribution systems.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.16799 at press time, down 3% over the last 24 hours.
