Today public DLT network Hedera Hashgraph announced global law firm Dentons as the latest addition to the Hedera Governing Council. Denton’s joins existing members, including DLA Piper, IBM, and Google, bringing the total council participant count to 16.
Council Members’ contribution to the network governance ensures its stability and diversity, eliminating the risk of the network splitting, strengthening user safeguards, and maintaining its integrity.
Denton’s initial plans in collaboration with Hedera include utilizing the network to support its clients’ fundraising efforts through asset tokenization, an area where Denton already offers legal services. Also in the works is developing and testing smart legal contracts for asset tokenization, using Singapore as a jurisdictional sandbox.
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