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Briefing
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- Hedera Hashgraph – Distributed ledger company Hedera Hashgraph launched high-speed alternative to blockchain, allowing general public to create account and access decentralized apps (dApps) on platform mainnet beginning September 16, 2019
- Distributed Ledger Specifications – Has own proof-of-stake consensus (PoS) mechanism, capable of 10,000 transactions per second (tps), faster than Bitcoin and Ethereum, and has patented, rather than open-source, code
- Main Services – Include cryptocurrency, smart contracts and file service offerings, as well as upcoming Hedera Consensus Service (HCS) which will connect private networks to platform
- Governing Council – Include IBM, Boeing, financial firms FIS Global and Nomura Holdings, and telecom company Tata Communications, each running own node on network and can influence software changes
- App Development – Developers can also begin building more dApps on Hedera Hashgraph platform, in addition to 26 already live on mainnet
- Existing Decentralized Apps – Include decentralized advertising platform and marketplace AdsDax, health transactions dApp Certara, and Chainlink which provides oracles for Hedera dApps
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Accelerator
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Market Disruption
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Business Model and Practices
Business Model
and Practices
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Sector
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Information Technology
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Function
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IT Infrastructure
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Organization
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Boeing Co., FIS, Hedera Hashgraph LLC, International Business Machines Corp., Nomura Holdings Inc., Tata Group
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Source
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Original Publication Date
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September 16, 2019
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