Today Hedera announced that Dell will join its governing council. The latest addition brings the governing council to 28 members, including numerous major brands such as Boeing, IBM, Google, LG and Ubisoft. Hedera is a public distributed ledger network rather than a blockchain.
According to Hedera, Dell is particularly interested in leveraging DLT for cases such as edge computing, data trust, contract automation and ESG reporting.
“Our customers rely on us to both maintain and help secure their existing infrastructure as well as advise them on technologies they are considering to assist them in achieving their goals, whether it is in process optimization, new business models or meeting their ESG standards,” said John Roese, Global Chief Technology Officer at Dell.
“By gaining hands-on experience with distributed ledger technology, we’re able to serve as a rational, holistic voice for customers considering incorporating DLT into their digital transformation.”
Dell initiated a Linux Foundation (LF) Project Alvarium for decentralized data that involves a Data Confidence Fabric (DCF). It’s an LF Edge initiative to create confidence in data delivered from edge devices and provide data provenance, so you know exactly where it came from. Unsurprisingly most DCFs use blockchain or distributed ledger, which is where Hedera could come in handy.
While participation in Hedera is permissionless, the consensus nodes are currently run by the governing council members making Hedera a semi-permissionless network. The aim is to prevent forks as have happened in the past with Bitcoin, Ethereum and other networks. The governing council also decides on strategic directions.
Meanwhile, Dell has previously used the VMware permissioned blockchain to track recycled packaging.