BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Repsol Joins Hedera Council to Boost Web3 and Digital ID Standards

Repsol joins Hedera Council to leverage decentralized digital identity for enhanced trust and security in the energy sector.

  • Repsol has joined the Hedera Council to promote Web3 use in the energy sector.
  • The company aims to use decentralized digital identity (DID) technology for better trust and security.
  • Repsol’s participation includes running a node on the Hedera network and sharing equal governance rights.
  • Key goals include standardizing identity frameworks, automating credential exchange, and ensuring tamper-proof credentials.
  • Plans involve exploring DID for sustainable certificate issuance, vendor verification, and signature tools.

On December 18, 2025, Repsol, a global energy company active in over 90 countries, became a member of the Hedera Council. The aim is to advance adoption of Web3 technologies, focusing on decentralized digital identity (DID) to improve trust, security, and efficiency in its operations.

- Advertisement -

Repsol, a Fortune Global 500 company serving more than 24 million customers, plans to use Hedera’s distributed Ledger technology for secure, real-time data verification and exchange across its global operations. This will help the company comply with evolving regulations like eIDAS2 and GDPR, reduce administrative tasks, and enhance transparency in areas such as procurement, supplier onboarding, and sustainability reporting.

As a new Council member, Repsol will operate a node on the Hedera network and hold equal voting power with other Council members in governing Hedera’s software and services. The company aims to achieve three specific objectives: standardizing interoperable identity systems for business partners and employees; automating credential exchanges to streamline Know Your Customer (KYC) and Know Your Business (KYB) processes; and delivering verifiable, tamper-proof credentials to prevent fraud and build trust.

“Repsol’s entry to Hedera Council marks a major milestone for Hedera’s enterprise mission. Repsol operates across markets, jurisdictions, and supply networks that demand verifiable trust at scale,” said Tom Sylvester, President of Hedera Council. “Their decision to build foundational digital identity use cases on Hedera underscores a clear reality: the future of multinational operations and complex supply-chain verification demands trusted governance.”

In addition to its governance role, Repsol will explore new DID applications, including issuing sustainable origin certificates, verifying vendor data, and developing DID-based signature tools. These efforts align with Hedera Council’s mission to provide decentralized, secure, and transparent management of the Hedera network. Repsol joins a rotating group of up to 39 leading global organizations contributing to the network’s governance.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Solana Breaks 21-Day MA, SOL/BTC “Barely Starting” Uptrend

Crypto analyst Ted Pillows sees Ethereum at a "Netflix moment," calling for $10,000 ETH...

Study: Crypto owners expect 22% returns, causing volatility

A Cleveland Fed working paper finds crypto ownership is driven more by return expectations...

Nvidia vs Micron: Growth Gap Highlights AI Stock Valuation Divide

Micron stock surged 253.9% year-to-date against NVIDIA's 20.7% gain, flipping the valuation debate between...

ACE Robotics CEO Predicts Robot ‘ChatGPT Moment’ by 2027

ACE Robotics Chairman Wang Xiaogang predicts embodied AI could reach its "ChatGPT moment" by...

Bitcoin’s 26% Rally Wipes Out $3.1B in Shorts

Bitcoin surged 26% from $62,900 to $79,500 in five days, liquidating $3.1 billion in...

Must Read

Top 5 Testing Tools For Blockchain Applications in 2022

Blockchain apps have been adopted popularly by some prominent industries due to its being a decentralized-designed technology. Furthermore, these apps eliminate the risks that...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading