Ubisoft Joins HBAR Foundation as Governing Council Member
Main page News, Blockchain, gaming industry

Ubisoft, a French video game developer and publisher, is joining the HBAR Foundation as member of the Hedera Governing Council to support the development of gaming projects on the Hedera network. The organization wrote in a blog post that the Montreuil-based company will also participate in Hedera governance and product direction.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Alexander Russman, Director Of Business Development at the HBAR Foundation, says the partnership "recognizes the value proposition the Hedera network presents for the video games industry."

"Ubisoft has been a pioneer in its engagement with distributed ledger technology, and the decision to directly engage with THF to enhance the support it provides to entertainment and gaming innovators provides tremendous opportunities for developers, startups and users alike," Russman added.

Google Teams Up with Hedera Hashgraph

The move comes after Hedera launched the mainnet of smart contracts 2.0. Ubisoft continues its development in the cryptocurrency-related direction despite criticism the company faced after it had launched a platform for players with support for non-fungible tokens (NFTs).

In October 2021, DBS Bank, a Singaporean multinational banking and financial services giant, also joined the Hedera Governing Council to run network node and explore more blockchain opportunities.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Read also:
Please describe the error