South Korea's largest bank joins Hedera Governing Council

Shinhan Bank, South Korea’s largest financial institution by total assets, has joined the governance council overseeing the Hedera network.

In an April 14 announcement, Shinhan announced it had become the latest member of the Hedera Governing Council to expand its efforts in the field of “digital transformation.” Hedera touts its hashgraph as an enterprise-grade blockchain platform capable of processing thousands of transactions per second.