Hedera Hashgraph co-CEO and co-founder, Lehman Baird, spoke with Block West Capital’s Ashton Addison on recent partnerships, protocol growth and ecosystem expansion. Hedera Hashgraph is a public Ledger built by Mance Harman and Baird with the biggest names in the world including Google and IBM. Dell recently joined the Hedera governing Council as part of their initiative to track and record at the edge. According to Baird, all council members have equal ownership and control, and they decide what features are going in and how the network runs. The governance is transparent to allow for good governance and trust. Hedera Hashgraph has been receiving increased interest and has recently released more reports on its Treasury and roadmap.
Hedera Hashgraph: Revolutionizing Blockchain Technology
About Hedera Hashgraph
Hedera Hashgraph is a public ledger founded by Lehman Baird and Mance Harman in 2016. The platform is known for its fast and secure technology that supports various use cases in the business world. Hedera Hashgraph has partnered with some of the biggest names in the industry, including Google, IBM, LG Electronics, and top 10 universities in the world.
Dell Partnership and Council Membership
Dell recently joined Hedera Hashgraph’s governing Council, which consists of 28 equal members with term limits. The Council controls the platform’s features and network operations, ensuring a decentralized governance structure that users can trust. Dell’s partnership is a significant milestone for Hedera Hashgraph as the company operates much of the internet and many businesses worldwide. Hedera Hashgraph aims to continue expanding its Council membership with a total of 39 members in the near future.
Recent News and Initiatives
Amid the current crypto winter, Hedera Hashgraph has continued to grow and make significant partnerships. The platform recently had the highest tvl and usage of its consensus, smart contract, and crypto services, showing an enormous flood of interest in the technology. Hedera Hashgraph has also released more reports on its Treasury and roadmap and attended Davos 2023. The platform’s notable partnerships and initiatives include AtmA and Avery Dennison’s partnership, which has deployed 500 transactions every second, keeping track of immutably recorded 20 billion things, and Dell’s interest in their edge things, a great use case that tracks and optimizes data.
Hedera Hashgraph’s Governance and Transparency
One of Hedera Hashgraph’s unique selling points is its good governance structure, which has transparent governance that follows ethical standards. The platform publishes the minutes of its meetings and has a decentralized governance structure where no member has more power than the other. This transparent governance is what the industry needs, especially with the recent scandals that have plagued blockchain technology. People need to trust the platform they are using and know the members running the platform’s operations.
In conclusion, Hedera Hashgraph is changing the game with its fast and secure technology and transparent governance structure. Its significant partnerships and initiatives and innovative use cases, such as edge things, underscore the platform’s value in the business world.