Share this article
University College London Joins Hedera Hashgraph as Council Member, Research Partner
UCL will be the first university and 13th member of the Hedera Hashgraph governing council, whose members run nodes and vote on software updates.
Updated Sep 14, 2021, 8:37 a.m. Published May 6, 2020, 1:00 p.m.
Hedera Hashgraph, the company behind the blockchain-like Hedera network, is adding one of the world’s top universities to its governing council.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Hedera announced Wednesday the University College London (UCL) is joining the council to run a node on the hashgraph, offer the Hedera Consensus Service to students and faculty and participate in forthcoming sub-committees that Hedera plans to create. UCL is also undertaking blockchain and governance research with Hedera.
“They’re very forward-thinking in the DLT space,” Hedera CEO Mance Harmon said of UCL.
The public research university is the third-largest university in the United Kingdom by total enrollment. It will be the first university and 13th member to join Hedera’s governing council.
Until now, the governing body has been made up primarily of blue-chip companies including IBM, Boeing, Deutsche Telekom, Tata, Nomura and bank-tech vendor FIS.
Read more: World’s Largest Aircraft Manufacturer Joins Hedera Hashgraph Council
Earlier this month, UCL and the European Commission entered into a partnership with the International Association for Trusted Blockchain Applications (INATBA) to coordinate blockchain providers responding to the COVID-19 health crisis in Europe.
Separately, software development firm Acoer is already using the hashgraph to create a digital timestamp service for a COVID-19 database it is developing in coordination with the U.S. Centers for Disease Control and the World Health Organization, Harmon said.
Paolo Tasca, executive director of the UCL Centre for Blockchain Technologies, said the school was attracted to Hedera Hashgraph after seeing its asynchronous byzantine fault tolerance, which has a lighter carbon footprint than other consensus mechanisms.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Proposed ‘AfterDark’ Bitcoin ETF Would Skip U.S. Trading Hours
The fund would hold bitcoin only overnight, betting on data showing bitcon gains mostly occur outside regular market hours.
What to know:
- Nicholas Financial has filed with the SEC to launch a bitcoin ETF that holds BTC only during overnight hours.
- The “AfterDark” ETF buys bitcoin after U.S. stocks close for the day and then sells bitcoin and shifts into Treasuries during the American session.
- Data shows bitcoin tending to perform better when traditional U.S. markets are closed.
Top Stories
