Avery Dennison, the labeling company, has joined the Hedera Hashgraph governing council. At the same time, it was revealed that another council member Swisscom Blockchain is withdrawing.
Swisscom’s parting words were very upbeat about Hedera, but their departure reasons were not revealed. However, it was disclosed that three full-time engineers were allocated to the project to specify and implement decentralized identity standards. “I’m incredibly proud of the work that the Swisscom Blockchain team has conducted with Hedera Hashgraph,” said Kamal Youssefi, who is also leaving Swisscom.
Hedera is the public distributed ledger that has targeted corporates from the start with its governance council made up of large enterprises. Having witnessed so-called “forks” of both the Bitcoin and Ethereum blockchains, the Hedera founders believed that enterprises would not join a public edger where the governance was in the hands of users or developers.
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