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Hedera is a fast (>10,000+ TPS) using the hash graph consensus form, secure (aBFT, probably the safest one for distributed ledgers), fair (the time points of all activities are open and transparent, and transaction records are not allowed to be hidden). HBAR is the local cryptocurrency for the Hedera public network. Hbar is used to power decentralized applications, build peer-to-peer payments and micropayment business models, and protect the network from malicious attackers. HBAR is the local cryptocurrency for Hedera’s public network, a fast, secure, and fair public ledger network using the hashmap consensus form to power decentralized applications, build peer-to-peer payment and micropayment business models, and protect the network from malicious attackers. Hedera has a transmission speed of more than 10,000 TPS. The ledger used is the safest aBFT in a distributed ledger. All its activity points are open and transparent, and transaction records are not allowed to be hidden on Hedera.
Co-founder and Chief Scientist Dr. LEEMON BAIRD is a former professor of computer science at the US Air Force Academy and a co-founder and chief technology officer of SWIRLDS. Currently, more than 20 teams have built decentralized applications on the hashmap public chain, covering various fields such as finance, medical care, media, technology logistics, entertainment, and energy.
The investors include Danhua Capital, BLOCK TOWERCAPITAL PVVENTURE and other big-name institutions. In 2018, they completed a financing of US$120 million. In 2019, they obtained US$124 million in financial funds through SAFTS, and have strong project team capabilities.
Its board of directors is a giant alliance, consisting of 39 nodes, including Deutsche Telecom, Japan Nomura Securities, Swiss telecom giant subsidiary Rui Telecom Blockchain Company, Oracle executive Lionel Chocron, Shen Bo of Distributed Capital, Indian Tata Communications, IBM, etc.
The project is highly concerned. According to public information, between May and July 2019 alone, Hedera Hashgraph's website visited 445,132 users. There are 25 DAPPs for hashmap (HBAR) and the entire ecosystem has been developed very quickly, which indirectly shows that the hashmap public network is very friendly to developers.