Hedera announced in a blog post on Thursday that Avery Dennison Corporation has partnered with the HBAR Foundation on sustainability initiatives. The partnership will see the adoption of Hedera's distributed ledger technology (DLT) into the atma.io connected product cloud. As such, atma.io customers now can use the Hedera network to drive their decarbonization goals, the team added.
Hedera Hashgraph is 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 $0.1009 at press time, up by more than 33% over the last 24 hours.