FedEx Corp. announced that it has joined the Hedera Council to help enhance trusted digital infrastructure around the world. The Hedera Council is made up of the world’s most respected organizations and is focused on driving trust, security, and innovation on the Hedera network. FedEx aims to build more intelligent supply chains and streamline global shipment processing.
Improving Digital-Native Supply Chains
FedEx believes this collaboration is a part of its vision to enable commerce through digital-first infrastructure. The company ensures that trade keeps pace with the speed of data. Hedera provides distributed ledger technology that allows for interoperable digital ecosystems. The technology provides enterprises with the ability to control sensitive operational data.
Collaboration for Secure Data Verification
FedEx will contribute operational insights and architectural views through membership in the Council. The company will help minimize friction in cross-border business through secure data verification. The collaboration supports shared, trusted infrastructure globally.
“The digital transformation of global supply chains is inevitable,” said Vishal Talwar, executive vice president, chief digital and information officer of FedEx Corp., and president of FedEx Dataworks. “As supply chains become increasingly digital-native, trusted data must be shared and verified across many parties without increasing risk or centralizing control. Hedera provides a neutral, enterprise-grade trust layer that enables verification at global scale, while allowing organizations like FedEx to continue building differentiated capabilities on top.”
“We are proud to welcome FedEx to the Council,” said Tom Sylvester, president of Hedera Council. “FedEx brings deep operational insight into global logistics and commerce, and their perspective will be valuable as the industry transitions toward digitally native supply chains. We look forward to working together to advance trusted, interoperable data verification that supports collaboration across industries and jurisdictions.”
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News Source: PRNewswire.com
