London School of Economics joins the governing board of Hedera Hashgraph

Students and faculty at the London School of Economics and Political Science will be able to improve their knowledge of blockchain through the university’s partnership with Hedera Hashgraph.

London School of Economics and Political Science (LSE)
joined to the governing board of Hedera Hashgraph, which includes 39 companies and organizations. Hedera Hashgraph is developing an enterprise blockchain designed to support the creation of new web applications in a decentralized economy.

Hedera’s governing board includes major companies including Google, IBM, Boeing and Chainlink Labs. Consortium members support the operation of nodes on the public blockchain and vote on important software decisions. The membership model operates on a three-year rotation system to ensure that democratic principles are respected.

As part of the council, the LSE plans to “ensure the application of its academic expertise and intellectual resources” and focus on driving development in the blockchain space. In practice, LSE students and faculty will be given the opportunity to attend hackathons, leadership workshops and participate in research initiatives to increase knowledge of technology in the sector.

According to LSE Senior Research Fellow Thamim Ahmed, the COVID-19 pandemic and climate crisis demonstrate the need to explore new models and solutions for how organizations and businesses operate and collaborate in turbulent times.

“Joining the Hedera Management Board will provide LSE academics with opportunities for research and innovation to stay at the forefront of thought leadership in socially significant new governance structures for Web 3.0 platforms,” said Ahmed.

Hedera CEO and co-founder Mance Harmon also shared his opinion and said:

“The inclusion of the LSE, a world renowned top-rated institution on the Board of Governors of Hedera, is a fantastic event for our community and the entire decentralized economy.”

Recall that in the spring, Shinhan Bank entered the governing board of Hedera Hashgraph, and Standard Bank launched its own node, Hedera Hashgraph.

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