Technology giant Dell will join the likes of Google, FIS and Abrdn on the governing council of the enterprise network Hedera, a distributed ledger technology that uses a hashgraph consensus mechanism.

“Now you're seeing a whole industry start to grow, lots of investment,” said David Frattura, senior director of technology strategy at Dell. “And for us, it becomes more and more serious for us to pay attention and focus on this.” 

As a part of the governing council, Dell will run a consensus node, which is used to determine transaction ordering. Members of the governing council also manage the software related to the network.