The Board of Directors of Hedera has approved ServiceNow, a cloud-based digital workflow platform, as its new member. Hedera intends to integrate the Now platform to create a new level of trust and accountability in digital transformation transactions.
According to a company press release, Hedera and ServiceNow will develop powerful digital ledger technology, or DLT, for cross-company communication operations.
ServiceNow is a cloud-based digital workflow platform that delivers a unique customer experience and unlocks employee productivity while increasing business efficiency.
According to a company press release, Hedera “provides the world’s most secure network connectivity and transaction processing.” On the other hand, ServiceNow is the primary driver that drives all digital transformation efforts across the entire organization.
Commenting on the development, Tasker Generes, Global Head of Strategy and Transformation at ServiceNow stated:
“Hedera is poised to become the foundation and primary broker of trust and openness for the digital economy, and ServiceNow lays the strategic foundation for our robust workflow.”
ServiceNow’s membership on Hedera’s board of directors, according to Mance Harmon, CEO of Hedera Hashgraph, will have a significant impact on the future of distributed digital workflows and enterprise DLT adoption. The Now platform will allow for easy and hassle-free low-code implementation across the Now platform, removing barriers to enterprise DLT adoption, Harmon told Cointelegraph:
“This will be a game changer for development teams in organizations that currently lack DLT experience or expertise, and will accelerate Hedera’s adoption as the DLT of choice for businesses. Together, ServiceNow and Hedera will deliver robust digital workflows powered by DLT for experiences that transcend the enterprise.”
Hedera Hashgraph, an enterprise-grade distributed ledger, has been involved in a number of partnerships with the goal of using blockchain technology in real-world applications across a variety of industries. If successful, these early initiatives will open up a world of opportunities around the world. Cointelegraph reported last month that Hedera’s board of directors welcomed Singapore’s DBS Bank as the first Southeast Asian bank to join a global organization.