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IIT Madras Joins Hedera Governing Council to Drive R&D in New Blockchain Use Cases

admincrypto by admincrypto
September 14, 2021
in Blockchain
IIT Madras Joins Hedera Governing Council to Drive R&D in New Blockchain Use Cases
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As a newly appointed member of the Hedera Governing Council, IIT Madras will work intently with the Hedera ecosystem to advance its technical schooling, analysis, and innovation choices in distributed ledger know-how (DLT). IIT Madras will even use its time period on the Hedera Council to ramp up its R&D efforts within the DLT area, testing use instances leveraging key companies, such because the Hedera Consensus Service and the Hedera Token Service.

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Talking about this collaboration, mentioned Prof. Prabhu Rajagopal Division of Mechanical Engineering, IIT Madras, who leads Distant Diagnostics at IIT Madras’ Heart for Nondestructive Analysis (CNDE), mentioned, “We now have recognized huge potential in Hedera Hashgraph, already probably the most used, and sustainable public ledgers in the marketplace right this moment, and we stay up for utilising the Hedera Consensus and Token Providers to check doubtlessly ground-breaking new use instances. IIT Madras is recognised globally for pioneering work in areas akin to renewable power, telecommunications, non-destructive testing, biomedicine, healthcare and knowledge and communication applied sciences (ICT), and its famend tech alumni neighborhood.”

Additional, Prof. Prabhu Rajagopal mentioned, “With this community, we purpose to convey substantial worth to the Hedera Governing Council, utilising our experience in sensible and revolutionary technological options to help different council members and organizations in use case growth. I’m significantly enthused by the chance to check and scale our options in blockchain backed data techniques in healthcare, business and digital media.”

Prof. Rajagopal’s group is within the securitization of huge scale digital data-sets arising from sensor logs, which was the preliminary catalyst for his or her curiosity in blockchain and distributed ledgers.

IIT Madras’ appointment to the Hedera Governing Council comes simply weeks after the London College of Economics and Political Science (LSE), one of many UK’s high universities, introduced its…

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