Hedera Council, which operates Hedera Hashgraph, has partnered with American food and beverage company Mondelēz International to work on distributed ledger technology (DLT). .
As a new member of the Hedera Council, Mondelez is working to develop distributed ledger technology-based solutions on Hedera with a focus on digital transformation initiatives and supply chain management, according to a press release.
Hedera Hashgraph is a public distributed ledger that uses hashgraph consensus. Hedera claims to be a uniquely structured blockchain compared to other chains due to its use of hashgraph consensus. Hedera is the only public distributed ledger technology that uses hashgraph consensus, which is said to achieve over 10,000 transactions per second and low-latency finality in seconds.
Mondelēz International operates in more than 80 countries and has brands such as Oreo, Ritz, Cadbury Dairy Milk and Toblerone.
Mondelez previously partnered with early-stage fintech payments company SKUx to help the company expand its customer service program. This will use Hedera to track consumer packaged goods supply chains and digital payment-based offers.
“We look forward to continuing our digital transformation efforts exploring distributed ledger technologies with Hedera,” said Xiang Xu, Global COE Head of Digital Strategy and Blockchain at Mondelez International.
|Translation and editing: Rinan Hayashi
|Image: Hans/Pixabay
|Original text: Food Company Mondelēz International Joins Hedera Council to Experiment With DLT
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