Hedera Joins Blockchain Australia, Cementing its Leadership in Web3

Hedera has joined Blockchain Australia, positioning itself among industry leaders in the Web3 revolution. This partnership aligns with Australia's dedication to blockchain innovation and trade leadership, and Hedera is actively supporting projects built on its platform. As HBAR navigates market challenges, Hedera's membership signifies its commitment to empowering the next generation of the Web and onboarding users seamlessly into Web3.

Hedera Embarks on Blockchain Leadership Journey with Membership in Blockchain Australia

In a significant move, Hedera has joined the ranks of blockchain giants Binance, Algo Foundation, and Coinbase as a member of Blockchain Australia, solidifying its position at the forefront of the Web3 revolution. Blockchain Australia, the premier blockchain association in the region, has welcomed Hedera's entry, recognizing its status as an open-source, leaderless Proof-of-Stake (PoS) network with a vibrant ecosystem built by a global community.

"We are delighted to welcome Hedera to our association," said Blockchain Australia. "Their commitment to innovation and community-driven development makes them a valuable addition to our organization."

Hedera's membership underscores Australia's unwavering dedication to becoming a global hub for innovation and trade. The association's recent additions, including Backpack, Audd Digital, and Grineo Pay, reflect this shared vision and demonstrate the government's unwavering support for the blockchain industry.

In a testament to its commitment to shaping the future of finance, Hedera will host a session titled "Building the Future of TradFi" at Blockchain Australia's upcoming conference on April 10, 2024. The session will delve into the transformative role blockchain technology can play in revolutionizing traditional finance.

Meanwhile, Hedera has announced a revision to its testnet reset schedule. The original date of April 25, 2024, will be skipped, with upcoming resets planned for July 25, 2024, and October 31, 2024. This adjustment accommodates the network's ongoing development and ensures seamless operations for developers and users alike.

Beyond its membership in Blockchain Australia, Hedera remains steadfast in its mission to empower projects built on its platform. Xeni Travel, a global travel platform, exemplifies the transformative impact of Hedera technology. By leveraging Hedera's capabilities, Xeni has automated critical functions, including commission payments and vendor payouts, streamlining operations and enhancing its service offerings.

Despite the current market uncertainty, Hedera's membership in Blockchain Australia is a strategic move that positions the network for long-term success. The association's unwavering support and its collective goal of onboarding billions of users into the Web3 ecosystem provide a fertile ground for Hedera to thrive.

The Hedera Foundation remains committed to powering the next generation of the Web, driving innovation and empowering projects that harness the transformative power of its technology. As Hedera's membership in Blockchain Australia continues to yield new opportunities, the community eagerly awaits further announcements and milestones on this exciting journey.