"HBAR is quick to gather great companies to help further develop its network."
The Hedera (HBAR) Governing Council which consists of various giants such as Boeing, IBM, Google, LG and Ubisoft now includes the multinational technology company Dell as their 28th member to govern the network of digital assets.
Dell who will work hand in hand with the HBAR team is responsible for building decentralized applications (DApps) in addition to being able to implement the digital asset node itself.
According to John Roese, Dell's Global Chief Technology Officer (CTO) said that this collaboration can give his company the opportunity to grow through distributed ledger technology*.
*A digital system for recording asset transactions, where transactions and their details are recorded
Not only that, Dell can also help other companies that want to develop the Alvarium Project, which is the Data Confidence Fabric aimed at producing more efficient and reliable data so that there is no fraud.
It is to be noted that Dell has been exploring cryptocurrency and blockchain for almost a decade and the company was found to have signed an agreement with Coinbase in 2014 to allow customers to make payments through Bitcoin (BTC).
Among the main objectives of HBAR is to create a secure network, where leading companies will be attracted to build such a network of digital assets on their services.
As of this writing, the price of HBAR has surged by 8.29% to reach $0.0744 in the last 24 hours shortly after there were new developments about the digital asset.