Odaily Planet Daily reports that logistics giant FedEx has officially joined the Hedera Network Council, joining companies such as Google, IBM, and Dell in governing the Hedera distributed ledger network and operating network nodes to participate in decision-making. The company stated that this move aims to drive the digital transformation of global supply chains and enable operations at "digital speed," rather than relying on traditional paper-based processes. Vishal Talwar, Executive Vice President and Chief Digital Information Officer at FedEx, said: "As supply chains become increasingly digital, trusted data must be shared and verified across multiple parties without increasing risk or centralizing control." Other prominent members of the Hedera Network Council include LG, Deutsche Telekom, and Ubisoft. (Decrypt)
FedEx Joins the Hedera Council to Advance Supply Chain Digitization
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Summary
FedEx has joined the Hedera Network Council, aligning with major companies such as Google, IBM, and Dell to co-govern the Hedera distributed ledger. The company aims to accelerate supply chain digitization and enable "digital speed" operations. FedEx’s Chief Digital Officer, Vishal Talwar, emphasized the need for secure, shared data across multiple parties. Current Hedera members include LG, Deutsche Telekom, and Ubisoft. This on-chain announcement represents a significant milestone in digital asset news for global logistics.
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