• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

DBS Bank gets to be a member of the Hedera Hashgraph Board – When will HBAR wake up?

193
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

DBS Bank grew to become the 24th member of Hedera Hashgraph’s Board of Directors and the initially Southeast Asian financial institution to join the globally Hyperledger organization.

DBS Bank becomes a member of the Hedera Hashgraph Board - When will HBAR wake up?
DBS Bank gets to be a member of the Hedera Hashgraph Board – When will HBAR wake up?

On October 28, Singapore’s oldest financial institution, DBS, joined Hedera’s blockchain board along with 39 other technologies, enterprise and nonprofit leaders.

Related articles

The son of the president of the European Central Bank "lost 60%" on cryptocurrency investments

The son of the president of the European Central Bank “lost 60%” on cryptocurrency investments

November 24, 2023
OpenAI's board considers merging with rival Anthropic

OpenAI’s board considers merging with rival Anthropic

November 21, 2023

“As the initially and only Southeast Asian financial institution to join the Governing Council, @dbsbank will discover even more options and likely use instances to exploit the huge likely of #blockchain And #DLT whilst continuing to reimagine the potential of the banking sector ”. https://t.co/I11A53TMoq

– Hedera (@hedera) October 27, 2021

The financial institution can derive substantial worth from Hedera’s revolutionary corporate blockchain by influencing the path of public nodes on the Hedera platform codebase. DBS will also present valuable input on firms from their realities and requirements as a result of this association.

Board members are typically allotted 3 many years to serve, potentially up to two many years. Members also have equal voting rights when updating the network. The board also encourages its members to participate in Hedera Testnet, a check surroundings that enables improvement teams to check network abilities and present important input.

With about 9 million clientele globally, DBS Bank is Singapore’s greatest financial institution by assets and industry capitalization of about $ 81.57 billion. DBS has established a dominant presence in Indonesia, Malaysia, Thailand and China and intends to raise its concentrate on emerging technologies this kind of as blockchain and cryptocurrencies.

It has solid, if not ideal momentum to drive groundbreaking development, but it seems like HBAR is even now struggling just lately. HBAR has not nevertheless been capable to exceed the platform’s worthy expectations when trading constantly all over USD .three – USD .four at the time of creating.

HBAR / USDT price chart.  Source: Binance
HBAR / USDT rate chart. Source: Binance

Check out how Hedera Hashgraph (HBAR) invested just about $ five billion to increase the ecosystem, totally overwhelm other strong industry forces, mixed with excellent partners with a variety of massive names, together with Google, IBM , Deutsche Telekom, Boeing, Dentons and LG Electronics, it is challenging to picture that HBAR is definitely “stagnating”.

Summarize the funds for the development of the ecosystem of the main blockchains.  Source: Kyros Ventures
Summarize the money for the improvement of the ecosystem of the major blockchains. Source: Kyros Ventures

– See extra: The industry is really thrilled: Altcoins are racing to build a new ATH, who are they?

However, the evolution of the cryptocurrency industry is just the starting. Therefore, HBAR even now has quite a few options to “shine” in the close to potential to show that the platform is a real giant.

Synthetic currency 68

Maybe you are interested:


Join the chat group Coinlive Chats Let’s talk about sizzling subjects of the DeFi industry with Coinlive admin workforce !!!


Maybe you are interested:

Tags: BankboardDBSHashgraphHBARHederamemberwake
Share77Tweet48

Related Posts

Coinbase Adds Ethena Token to Listing Roadmap

by shark
June 3, 2025
0

Coinbase announces Ethena's ENA token inclusion, boosting its market profile and investor interest.

Binance US Lists Hyperliquid’s HYPE Token, Price Surges

by shark
June 3, 2025
0

Binance US has listed Hyperliquid's HYPE token on its spot market, sparking a 10% price surge and increasing trading volumes...

Strategy Proposes New Stock Offering for Bitcoin Expansion

by shark
June 3, 2025
0

Strategy announces offering of 2.5 million Series A shares to boost Bitcoin holdings.

US Extends Pause on Select Chinese Tariffs to 2025

by shark
June 3, 2025
0

The US extends its pause on tariffs for certain Chinese goods reflecting broader international economic dynamics.

Ethereum Plans 10x Layer 1 Scaling in 2025

by shark
June 3, 2025
0

Ethereum's Vitalik Buterin announces plans for a 10x scaling of Layer 1 in 2025.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Coinbase Adds Ethena Token to Listing Roadmap
  • Binance US Lists Hyperliquid’s HYPE Token, Price Surges
  • Strategy Proposes New Stock Offering for Bitcoin Expansion
  • US Extends Pause on Select Chinese Tariffs to 2025
  • Ethereum Plans 10x Layer 1 Scaling in 2025
  • Trump Sets Trade Deadline to Avoid Tariffs
  • FalconX Acquires Stake in Monarq Asset Management
  • Tron Hits All-Time High in May Transfer Volume
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7