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.