Share this article
Food Company Mondelēz International Joins Hedera Council to Experiment With DLT
The company will use the Hedera Hashgraph technology to improve business efficiencies.
Updated Feb 14, 2024, 2:00 p.m. Published Feb 14, 2024, 2:00 p.m.
Make us preferred on Google
The Hedera Council, the organization behind Hedera Hashgraph, has partnered with American food and beverage company Mondelēz International (Nasdaq: MDLZ) to work on distributed ledger technology (DLT).
As a new member of the Hedera Council, Mondelēz is working to develop distributed ledger technology (DLT) based solutions on Hedera, focusing on digital transformation initiatives and supply chain management, according to a press release.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Hedera Hashgraph is a public distributed ledger that uses hashgraph consensus. Hedera describes itself as a uniquely structured blockchain compared to other chains due to its usage of hashgraph consensus. It is the only public DLT that uses this, according to the company, which notes that Hashgraph achieves 10,000+ transactions per second and low-latency finality in seconds.
Mondelēz International operates in over 80 countries and owns brands Oreo, Ritz, Cadbury Dairy Milk and Toblerone.
Mondelēz previously has teamed up with an early stage fintech payments company called SKUx to help expand the company’s customer service program. It will use Hedera to track the supply chain of consumer-packaged goods and digital payment-based offers.
“We are excited to continue our commitment to digital transformation exploring distributed ledger technologies alongside Hedera,” said Xiang Xu, global COE leader of digital strategy and blockChain at Mondelēz International.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Michael Saylor's Strategy catches a break from MSCI, but analysts caution fight isn’t over yet
MSCI won’t drop firms like Strategy from indexes yet, but a broader rule change may still be on the table
What to know:
- Shares of Strategy rose 6% after MSCI decided not to exclude digital asset treasury firms from its indexes.
- The decision alleviates immediate pressure on companies holding large amounts of bitcoin but not directly operating in the blockchain sector.
- Analysts caution that the situation may not be resolved, as future MSCI rule changes could still impact firms like Strategy.
Top Stories
