Hedera Council

About

Hedera Council

History of Hedera Council

<p>Since launching with six Council members in 2019, the Council has grown to include 30 industry-leading organizations, from 11 industries worldwide. This growth highlights Hedera Council’s commitment to building a robust, responsible, and globally recognized network with broad industry representation.</p> <p>The Hedera network has benefited from Council governance since opening for public use in 2019, with founding members providing strategic oversight and driving critical updates and enhancements. Their continued leadership ensures the network remains secure, innovative, and closely aligned with the needs of global enterprises.</p>
History of Hedera Council

Introduction to our global team

Hedera Information

Participation

Hedera Council members serve up to two consecutive three-year terms, with participation through designated individual representatives. Council membership is governed by the Hedera Council LLC Agreement, signed by members upon admittance to Hedera Council.

For more details on Council responsibilities, refer to the fact sheet.

Council Meetings

Council governance decisions and related discussions are publicly documented in meeting minutes, ensuring full accountability and transparency.

Hedera Council meets regularly to discuss and make decisions on key priorities, including network technology, pricing, security, and other critical matters.

A Rotating Council

<p>The Council's dynamic structure rotates members from diverse industries, fostering innovation through fresh ideas and perspectives.</p> <p>Hedera Council includes prominent corporations, institutions, universities, and organizations from around the world, each contributing their expertise to support the network's long-term stability and growth.</p>
A rotating council

Introduction to our global team

Timeline

2017

Swirlds joined

2019

Deutsche Telekom, DLA Piper, Magazine Luiza, Nomura Holdings, Inc., and Swisscom Blockchain joined

Announcement Blog

Boeing and FIS (Worldpay) joined

2020

Avery Dennison joined

2021

The London School of Economics and Political Science (LSE) joined

Announcement Blog

Indian Institute of Technology Madras (IITM) joined

Announcement Blog

2022

2023

2024

Open Source Codebase

<p>The Hedera codebase is fully open-source and managed by the Linux Foundation Decentralized Trust (LF Decentralized Trust) as <a href='https://hiero.org/' target='_blank'>Project Hiero</a>, ensuring vendor-neutral governance and peace of mind for builders. With the tenure and expertise of the Linux Foundation, developers gain access to unparalleled industry collaboration and continuous growth opportunities.</p> <p>Hedera Council members have an equal vote in the direction of Hedera’s software and services. <a href='https://hedera.com/roadmap' target='_blank'>Hiero Improvement Proposals (HIPs)</a> offer the Hedera community a chance to provide input, and are initially reviewed by Hedera Council before being passed to the LF Decentralized Trust for further evaluation.</p>
Open Source Codebase

Introduction to our global team

Use Cases

Many members of Hedera Council have successfully developed solutions on the Hedera network, demonstrating its practical applications for organizations across various industries.

Aberdeen logo

Democratizing investment opportunities

Aberdeen is using distributed ledger technology to democratize investment opportunities and increase financial inclusion. From unlocking wider participation for smaller investors, to increasing liquidity for many asset classes, and streamlining processes, Aberdeen’s innovative approach is transforming the financial landscape.

Secure Node Operations

Committees

<p>Committees enable Hedera Council members to leverage their specialized expertise, providing focused oversight and contributing to key decisions. Committee members are selected through an annual election process conducted by Hedera Council, ensuring that leadership remains aligned with the network’s evolving needs.</p>

Introduction to our global team

Interested in Joining Hedera Council?

<p>Join a global network of leaders dedicated to innovation and growth. Become a member of Hedera Council to help build the trust layer for decentralized solutions.</p>

Introduction to our global team