Hedera is a decentralized public network that uses Hashgraph, a consensus technology alternative to blockchain. Its goal is to provide a fast, secure, and efficient platform for decentralized applications (dApps) and business transactions. Hedera offers services such as smart contracts, tokenization, and file storage.
Key Features of Hedera:
• Use of Hashgraph: A consensus algorithm that enables fast and secure transactions with high scalability.
• Decentralized Governance: Managed by a Governing Council composed of large companies.
• Low Energy Consumption: More efficient compared to traditional blockchains like Bitcoin or Ethereum.
• Fast and Affordable Transactions: Allows thousands of transactions per second at very low costs.
Companies Comprising the Hedera Governing Council:
Hedera is governed by a Council of 39 companies from various industries, including technology, finance, telecommunications, and manufacturing. Some of the most prominent companies are:
• IBM
• Boeing
• Deutsche Telekom
• LG Electronics
• Ubisoft
• ServiceNow
• Dell Technologies
• Nomura
• Standard Bank
Each council member has an equal stake in decision-making and is responsible for operating a node of the network.
If you want more details about its current status or new members, I can look for updated information. #HederaHashgraph #HBAR $HBAR $USDC
