Hedera’s governing body adds ServiceNow to its ranks

Hedera Hashgraph intends to integrate the Now Platform to create a new level of trust and accountability in digital transformation transactions.

The Hedera Governing Council has accepted cloud-based digital workflow platform ServiceNow as its newest member. Hedera intends to integrate the Now Platform to create a new level of trust and accountability in digital transformation transactions. 

Hedera and ServiceNow will develop trusted processes based on digital ledger technology, or DLT, for interactions that span multiple companies, according to the company’s press release.

ServiceNow is a cloud-based digital workflow platform that delivers outstanding customer experiences and unleashes employee productivity while also increasing business efficiency.

Hedera “provides the most secure network connectivity and transaction processing in the world,” according to a company press release. ServiceNow, on the other hand, is a core engine that drives all digital transformation efforts throughout an entire organization.

Commenting on the development, Tasker Generes, global head of strategy and transformation at ServiceNow, stated:

“Hedera is poised to become the foundation and primary broker of trust and transparency for the digital economy and ServiceNow is bringing that strategic foundation to our powerful workflow experiences.”

ServiceNow’s membership on the Hedera Governing Council, according to Mance Harmon — CEO of Hedera Hashgraph — will have a significant impact on the future of distributed digital workflows and enterprise adoption of DLT. The Now Platform will empower simple, frictionless, low-code DLT adoption through the Now Platform by removing the hurdles to DLT implementation for businesses, said Harmon while speaking to Cointelegraph:

“This will be a game-changer for development teams in organizations that today have no DLT experience or expertise, and will serve to accelerate the adoption of Hedera as the DLT of choice for enterprises. Together, ServiceNow and Hedera will deliver the trusted digital workflows powered by DLT for experiences that extend beyond any one organization.”

Hedera Hashgraph, an enterprise-grade distributed ledger, has been engaged in a number of partnerships to apply blockchain technology in real-world use cases across several industries. If these initial initiatives are a success, they will open up a world of possibilities across the globe. Last month, Cointelegraph reported that the Hedera Governing Council welcomed Singapore’s DBS Bank as the first Southeast Asian bank to join the worldwide organization.