Yesterday, Kuwaiti telecoms firm Zain Group joined the Hedera Governing Council as the first member from the Middle East.
Hedera Hashgraph is a type of decentralized technology but not a blockchain. Based on proprietary code, it claims the distributed ledger technology (DLT) is faster, more secure, and scalable than current blockchains.
The Hedera Governing Council is developing a decentralized governance model and aims to have 39 members from diverse industries and regions. With Zain Group joining, the Council now has a total of 15 members, four of which are telecoms firms and four IT / technology companies.
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