Hassan Maishera
On Friday, the Hedera team announced via a blog post that FedEx, a leading global logistics company, has joined the Hedera council. FedEx joins the Council to help advance trusted digital infrastructure that can support the evolving lifecycle of global shipments and make supply chains smarter for everyone.
Through its role on the Hedera Council, FedEx intends to contribute operational expertise and architectural perspective to support open, cooperative approaches to distributed infrastructure that enable the long-term digital evolution of global supply chains, including:
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Helping advance trusted digital infrastructure for the future of global supply chains
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Reducing friction in cross-border commerce by enabling secure, shared data verification across organizations and jurisdictions.
As a Council member, FedEx will operate a node on the Hedera network and will hold equal voting rights alongside other members, participating directly in the governance of Hedera software and services.
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 $0.1007 at press time, down 2% over the last 24 hours.
