Today, public distributed ledger (DLT) Hedera Hashgraph announced that Indian IT giant Wipro is joining its governing council. The Hedera Governing Council aims to have 39 members representing 18 industry sectors. So far there are a dozen members.
Launched six months ago, Hedera is not a blockchain, but a hashgraph focused on enterprise solutions. One of its main advantages it is significantly more scalable than current proof of work blockchains.
Bangalore-based Wipro has a global presence and earned revenues of over $8 billion in 2019. It is the second Indian company to join the governing council, the other being Tata Communications. Other members include Boeing, Deutsche Telekom, DLA Piper, FIS, Google, IBM, Magalu, Nomura, Swirlds and Swisscom Blockchain.
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