FedEx Corp. has joined the Hedera Council to support the development of digital infrastructure for global supply chains.
The council is made up of organizations that oversee governance of the Hedera distributed ledger network (DLT), which is designed to provide a trust and verification layer for digital transactions and data sharing. FedEx says its participation reflects a long-term strategy to support supply chains that operate increasingly through digital data exchange rather than paper-based or manual processes.
Hedera’s distributed ledger technology is intended to provide a shared, secure data verification layer for enterprises while enabling organizations to maintain control over operational data within their own systems. According to the companies, the technology can support interoperable digital ecosystems across multiple platforms and jurisdictions.
FedEx says it plans to contribute operational and technical expertise to support cooperative approaches to distributed infrastructure for logistics. Areas of focus include enabling trusted digital infrastructure for global shipments and reducing friction in cross-border trade through secure data verification across organizations.
Vishal Talwar, executive vice president, chief digital and information officer, FedEx, and president of FedEx Dataworks, said, “The digital transformation of global supply chains is inevitable. As supply chains become increasingly digital-native, trusted data must be shared and verified across many parties without increasing risk or centralizing control. Hedera provides a neutral, enterprise-grade trust layer that enables verification at global scale, while allowing organizations like FedEx to continue building differentiated capabilities on top.”
Tom Sylvester, president of the Hedera Council, said, “FedEx brings deep operational insight into global logistics and commerce, and their perspective will be valuable as the industry transitions toward digitally native supply chains. We look forward to working together to advance trusted, interoperable data verification that supports collaboration across industries and jurisdictions.”
As part of its role, FedEx will operate a node on the Hedera network and hold equal voting rights with other council members, participating in governance of Hedera software and services.
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