Wipro Ltd.

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Wipro joins Hedera Governing Council to provide decentralized governance model for blockchain

Date: 19-03-2020

Wipro has joined the Hedera Governing Council. The Council, designed to be the most decentralized governance model for a public ledger, will include 39 enterprises from a diverse array of industries and geographies.

Members of the Council are responsible for approving updates to the Hedera platform codebase and setting policies for the nodes in Hedera's decentralized network. Hedera's governance model protects users by eliminating the risk of forks, guaranteeing the integrity of the codebase, and making the source code open for review. Members serve a maximum of two consecutive three-year terms, ensuring the Council's decentralization and diversity.

Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.