hedera
Hedera is a decentralized public network that leverages the Hashgraph consensus algorithm to provide fast, secure, and scalable transactions.
Unlike traditional blockchain networks, Hedera uses a directed acyclic graph (DAG) structure, allowing it to achieve high throughput with low fees. The network was co-founded by Dr. Leemon Baird and Mance Harmon and is governed by the Hedera Governing Council, which consists of global enterprises ensuring decentralization and stability.
The native cryptocurrency, HBAR, is used for transaction fees, network security, and powering decentralized applications (dApps).
Hedera is designed for enterprise-grade applications, offering solutions in finance, supply chain management, identity verification, and tokenization.
The network provides fast finality, making it ideal for high-volume financial applications such as micropayments, remittances, and stablecoin transfers.
Hedera supports the tokenization of assets, enabling businesses to create and manage digital representations of real-world assets like real estate, securities, and intellectual property.
Hedera is integrated with smart contracts also allows developers to build scalable decentralized applications with predictable costs.
Hedera has gained adoption among major corporations, including Google, IBM, Boeing, and LG, which serve as governing council members and contribute to the network’s decentralization.