Decrypt ••1 min read
F1 Champion McLaren Racing Joins Hedera Council for Network Governance
The Arch TakeBullish
Reigning Formula 1 champion McLaren Racing has officially joined the Hedera Council. This strategic move positions McLaren alongside other prominent firms such as Google, FedEx, and IBM in a collective effort to guide and foster the growth of the Hedera network. The inclusion of a globally recognized entity like McLaren underscores increasing institutional participation and trust in established distributed ledger technology platforms. This collaboration is expected to contribute to the decentralized governance and broader ecosystem expansion of the Hedera network, signalling positive momentum for its development and adoption within the Web3 space.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
MegaETH sunsets Mega Mafia accelerator program, noting ‘most’ of its successful apps left
The Block•2h ago
Injective files for SEC transfer agent registration to bring securities ownership records onchain
Cointelegraph•3h ago
JPMorgan says bitcoin outlook sees ‘encouraging sign’ as Strategy boosts cash reserves
The Block•3h ago
Ethereum Researcher Francesco D'Amato Departs EF for Ethlabs
Bankless •3h ago