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Home » How ServiceNow Unlocked Opportunities with Hedera’s Distributed Ledger Technology
Digital Business

How ServiceNow Unlocked Opportunities with Hedera’s Distributed Ledger Technology

Blockchain Battleground Moment
Sara CordovaBy Sara CordovaApril 7, 2022Updated:June 6, 20231 Min Read
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You’re watching a top moment from the Web3 and Blockchain Battleground digital event.

Highlights

00:12 — Distributed ledgers are progressively relevant as businesses embrace digital transformation to become interconnected in business networks.

00:22 — ServiceNow is one of Hedera’s council members. As a leading digital workflow company, it is a cloud-based platform, delivering digital workflows that create quality experiences and unlock productivity for enterprises.

01:04 — Additionally, ServiceNow believes there are four main opportunities for adopting distributed ledger technology in digital workflows:

  • Process and data integrity
  • Tokenization and digital assets
  • Digital identity and privacy
  • Multi-part business processes

01:21 — The company is incorporating Hedera in each area which will allow other parties to create new applications on the platform with workflow capabilities:

  1. Increase process trust
  2. Enhance multi-party workflows
  3. Provide proof and tokenization as a service
  4. Improved process automation with more accurate and complete process records
  5. Deliver decentralized identity and privacy management

Blockchain-OnDemand-1200x627-4

battleground blockchain Web 3.0
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Sara Cordova

Sara Cordova is an Online Editor for Acceleration Economy, with backgrounds in technical communication and global sustainability as well as a passion for women in tech.

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