The Hedera Governing Council announced that Dell Technologies has joined the Hedera team to help explore new developments in distributed ledger technology and web3. Dell will be responsible for operating their own Hedera node which they will use to test new applications using the blockchain and sharing their results with the wider Hedera community to help expand the network. 

Hedera’s governing council currently consists of 39 members that are helping to create a network that can handle the needs of larger enterprise-grade institutional investors. The network is focusing on how to advance data collection and storage that are lower in costs compared to competing web2 products.