Mint and configure tokens and accounts.
Building the future together
Up to 39 highly diversified organizations lead the Hedera network.
Each Council member is committed to network innovation, stability, and its continued decentralization.
is decentralized by
design. The 39
members will be
across time, region,
Members of the Hedera Governing Council share an equal vote in the direction of Hedera's software and services. Hedera Improvement Proposals provide the Hedera community with opportunities for input.
Unlike other blockchain networks, Hedera ensures stability for end-users and application owners with a no-fork guarantee. The Hedera Governing Council achieves this through hashgraph's open review code license.
At scale, we anticipate thousands of public nodes joining to support the network's decentralized consensus and growth. Council members run the initial set of nodes on the Hedera network.
All members have a three-year maximum term, with up to two consecutive terms and an equal vote on network and platform decisions. Swirlds, the creator of hashgraph, has a permanent seat and equal vote.
Powering enterprise workflows for 80% of the Fortune 500
ServiceNow looks to integrate Hedera into its NowPlatform in an effort to enhance the trust in multi-party enterprise workflows including SLA monitoring and procurement.
Global law firm Operating in 40 countries
DLA Piper’s "TOKO" is a digital asset creation engine that has a pipeline of deals in the hundreds of millions of dollars and a solution that addresses a serviceable market in the trillions.
GLOBAL MATERIALS SCIENCE AND MANUFACTURING COMPANY
Atma.io is a platform that unlocks the power of connected products by assigning unique digital IDs to everyday items, providing unparalleled end-to-end transparency by tracking from source to consumer and beyond to enable circularity.
Each Council meeting is available within 30 days of approval by the Council, typically a few weeks following each subsequent Council meeting. Meeting records are immutable, recorded on Hedera using ProvenDB.View all
July 14, 2021
Council members allocated 10.7 billion hbars from the Hedera Treasury for ecosystem development, including earmarking up to 5.35 billion hbars and fiat to the HBAR Foundation, an independent foundation that will make ecosystem grants. The Council members also approved the allocation of 4.4 billion hbars for Hedera's H2 2021 budget.
May 12, 2021
Council Members approved dissolving the Marketing Committee, the minutes from the Council meeting held on March 10, 2021, and certain minor amendments to the Hedera LLC Agreement and Committee Policy as presented at the meeting.
March 10, 2021
Council Members approved changes to the Hedera Pricing Plan to increase the typical account creation fee from $0.01 to $0.05 and approved the Hedera User Group Policy.
Banking and financial services across sub-Saharan Africa
Standard Bank is creating a digital bond platform with decentralized identity and verifiable credentials that will pave the way for the issuances of tokenized financial assets to a new range of services to customers across the African continent.
Top five global utility company
EDF is exploring the tokenization of Renewable Energy Credits (RECs) carbon offset and credit system on Hedera through the Hedera Token Service.
Australia’s national debit operator
eftpos is advancing the future of Australia’s payment rails with active efforts to understand the potential for Hedera to support micropayments, stablecoins, and digital identity.
Learn the latest about the Hedera Governing Council's function and operations.
This two-pager highlights the benefits of joining the Council, its configuration, and the responsibilities of its members.
The Limited Liability Company Agreement defines the Council's rights and responsibilities.
Understand a Council member's technical requirements and example configurations of a Hedera mainnet consensus node.
ServiceNow and Hedera enable cross-organizational digital workflows.