Categories: Blockchain

The Hedera management agency is adding ServiceNow to its ranks

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

According to the company’s press release, Hedera and ServiceNow will develop trustworthy processes based on digital ledger technology (DLT).

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

Hedera “offers the most secure network connectivity and transaction processing in the world,” said the company’s press release. On the other hand, ServiceNow is the core engine driving all digital transformation efforts across the company.

About the development, Tasker Generes, Global Head of Strategy and Transformation at ServiceNow said:

“Hedera is ready to be the primary trust and transparency platform and broker for the digital economy, and ServiceNow brings that strategic foundation to our robust workflow experience.”

According to Mance Harmon, CEO of Hedera Hashgraph, ServiceNow’s membership on Hedera’s board of directors will have a significant impact on the future of distributed digital workflows and the adoption of DLT in enterprises. Harmon said:

“This will fundamentally change the way development teams develop in today’s companies without DLT experience or expertise, and will drive the acceptance of Hedera as the DLT of choice for companies. Together, ServiceNow and Hedera will deliver trusted digital workflows, powered by DLT, to enable experiences across a single company. ”

An enterprise-class distributed ledger, Hedera Hashgraph has formed a number of partnerships to bring blockchain technology to real use cases across a range of industries. If these early initiatives are successful, they will open up a world of potential around the world. Last month, Cointelegraph reported that Hedera’s board of directors welcomed Singapore-based DBS Bank as the first Southeast Asian bank to join the global institution.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

PropiChain’s Token Presale Turns Heads as the First DeFi Platform to Merge NFTs with AI 

The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…

21 mins ago

UK Pension Fund Cartwright Encourages 3% Allocation to Bitcoin Investment

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…

2 hours ago

Crypto PAC Fairshake Continues to Boost 2026 Election With Support from a16z

a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…

3 hours ago

Bitcoin, Ethereum, And Solana Lead Crypto Market, But Not For Long With New AI Altcoin With 30,000% Potential, Expert Says

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…

6 hours ago

Dogecoin Price Prediction: Will DOGE Ever Hit $0.7 Again? Why ETFSwap (ETFS) Is The Best Alternative For 100x Gains

Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…

9 hours ago

This website uses cookies.