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Indian Tech University Makes It To Hedera Decentralized Governance Council

Published 09/14/2021, 10:30 AM
Updated 09/14/2021, 10:30 AM
© Reuters.  Indian Tech University Makes It To Hedera Decentralized Governance Council

  • IITM has joined the Hedera Hashgraph council for decentralized governance.
  • The university has become one of the 29 global organizations to run initial network nodes.
  • Regulators in India are also in talks of passing a crypto bill that will push crypto to the mainstream.

The Indian Institute of Technology Madras has joined the Hedera Hashgraph (HBAR) council for decentralized governance. Being one of the top institutes for technical education in India, stepping into the decentralized technology space is not very surprising for the university.

IITM falls directly under the control of India’s Ministry of Education. Moreover, as a member of the Hedera Governing Council, IITM has become one of the 39 global organizations that run initial network nodes. These govern the Hedera public ledger built on distributed ledger technology (DLT).

Specifically, IITM will primarily ...

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