HEDERA-HASHGRAPH

Hedera Hashgraph Web3 / blockchain enterprise platform.

Definition

Hedera Hashgraph (Hedera Hashgraph LLC, founded 2017 by Mance Harmon + Leemon Baird, ~$300M+ cumulative funding incl LG + IBM + Google + Boeing + Tata Communications + multiple Council Members governance), HBAR ~$5B+ peak market cap 2024) is a public DLT alternative blockchain using Hashgraph consensus algorithm (BFT + asynchronous + DAG-based, novelty vs blockchain linear), focus enterprise use cases + governed Council of 32 organizations vs traditional decentralised governance. Platform + technical architecture consensus mechanism + smart contract language + tokenomics + ecosystem developers + dApps + DeFi + NFTs + RWA tokenization + enterprise pilots + production deployments + governance + regulation + interoperability + bridges + scalability + cybersecurity + sustainability + multiple use cases industries banking + supply chain + healthcare + gaming + identity + multiple emerging Web3 ecosystem 2020s+.

Origin

Hedera Hashgraph founded 2017 ; mainnet launched aout 2019 ; Council of 32 organizations governance model ; ~$5B+ peak market cap.

Example in context

Major automotive manufacturer Avery Dennison uses Hedera Hashgraph for tokenizing apparel + supply chain provenance: each garment tagged with NFC chip linked to Hedera token recording provenance from raw materials + suppliers + manufacturing + retail + customer purchase ; customer scans NFC tag verifies authenticity + sustainability claims supply chain on Hedera DLT.

Related terms

• R3 Corda Enterprise — alternative enterprise DLT.