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DBS Bank joins Hedera blockchain’s governing council
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The Hedera Governing Council has welcomed Singapore’s oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the worldwide Hyperledger organization.
DBS Bank, a member of the advisory council on fintech, has joined the blockchain council alongside 39 other major technology, corporate and nonprofit leaders, including Google, IBM, Boeing, Deutsche Telekom, the University of London, Dentons and LG Electronics, among others.
The Asian lender may acquire value from Hedera’s innovative enterprise blockchain platform while also influencing it by providing input on real-world business needs.
Council members are allotted three years to serve, extendible for two terms. Members have equal voting power on network
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