Technology Giant Dell Joins This Altcoin’s Network

Technology giant Dell will join the names like Google, FIS, Abrdn and take place in the management council of the Hedera network.

David Frattura, senior manager of Dell’s technology strategy unit, commented on their joining the Hedara council, “We are now witnessing the growth of a whole new industry and investments being made. Focusing on this side is also getting more and more serious for us.” said.

Dell will operate a consensus node that is used to determine how transactions on the network will be organized during Hedera’s term on the governing council.

Technology giant Dell plans to take advantage of the Hedera network in various applications, but the company management has not yet done this. it’s early is thinking.

Frattura said, “If we talk about usage areas, I think it’s too early. We may see some things later this year as things progress, but for now, let’s focus on getting involved with the council first.” said.

Researchers at University College London, as a result of their research on proof-of-stake networks, besides alternatives such as Algorand, Cardano, Ethereum, Tezos and Polkadot, The most sustainable network is the Hedera network. had come to the conclusion.

After the Dell news, Hedera (HBAR) token also started to gain value rapidly. According to CoinGecko data, HBAR, which has a market value of $ 1.98 billion, has been in the last 24 hours. Gained more than 10%.

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