IIT-Madras joins Hedera Governing Council to drive R&D in Blockchain use cases

Chennai/Dallas : The Indian Institute of Technology-Madras
(IIT-M) and Hedera Hashgraph, the most used, sustainable, enterprise
grade public network for the decentralized economy, today announced
the newest member of its Governing Council.
The globally-renowned technology university joins a rotating council
of up to 39 global organizations that are from a diverse array of
industries and geographies, and each runs an initial network node
that enables the decentralized governance model for the Hedera public
ledger, a release from IIT-M said.
As a newly appointed member of the Hedera Governing Council, IIT-Madras
will work closely with the Hedera ecosystem to advance its technical
education, research, and innovation offerings in distributed ledger
technology (DLT).
IIT Madras will also use its term on the Hedera Council to ramp up its
R and D efforts in the DLT space, testing use cases leveraging key services,
such as the Hedera Consensus Service and the Hedera Token Service.
Prof.Prabhu Rajagopal Department of Mechanical Engineering, IIT Madras,
who leads Remote Diagnostics at IIT Madras’ Center for Nondestructive
Evaluation (CNDE), said ”we look forward to utilising the Hedera Consensus
and Token Services to study potentially ground-breaking new use cases. The
IIT Madras is recognised globally for pioneering work in areas such as renewable
energy, telecommunications, non-destructive testing, biomedicine, healthcare and
information and communication technologies (ICT), and its renowned tech alumni
community.”