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Hedera Hashgraph, a new public blockchain network that claims to be faster than Ethereum and Bitcoin networks, has launched its mainnet beta for the general public. Hedera also offers smart contract and file services, and both are currently throttled to 10 transactions per second.

Hedera Hashgraph chose Google Cloud Platform as its preferred cloud provider for deploying its public networks. Google commends Hedera for the choice, while revealing that it is taking an active stake in the project's governance.

Hedera Hashgraph appeared in 2019, and took the crypto world by a storm. Despite being a bit late to the game, Hedera Hashgraph quickly called itself a "Bitcoin Killer", despite the failure of multiple projects to achieve that feat before it. But despite the fanfares at launch, all that the HBAR token managed to achieve was to go from $0.15 to $0.010 within a few months. The asset did not even have a relief rally, and its tokenomics and promises for smart contracts failed to appeal to the crypto community.

"Hedera Hashgraph is a decentralized public network that uses a novel consensus algorithm called hashgraph to achieve high transaction throughput and low latency. It was developed by Swirlds, a company founded in 2016 by Dr. Leemon Baird, the inventor of the hashgraph algorithm. The Hedera network was officially launched in September 2019."

ALLCOT is onboarding ALLCOT's 500 million metric tonne portfolio of carbon credits to the Hedera Guardian ecosystem. The Guardian enables contextual and granular, digitally attested, data by actors fulfilling roles within these methodologies for projects in the ALLCOT portfolio. By digitizing the traditional methods of measuring, reporting, and verification (dMRV), the Guardian enables completely transparent, auditable, and fully discoverable information surrounding these ALLCOT carbon credits. This simplifies and streamlines the verification as we transition to a more digitally native validation process by independent third parties by order of magnitude.

Hedera has become a founding premier member of the Linux Foundation's newly launched decentralized trust initiative, and contributed its entire source code, including its hashgraph consensus algorithm and all core services, tools and libraries, to the Foundation. The contribution, which forms the new project "Hiero," aims to allow developers to collaborate on decentralized trust technologies globally under an open-source framework.

Hedera executives believe that Facebook potentially hijacked their idea for a council of trusted companies to operate a blockchain, but that the company probably hasn't broken the law in any way. Hedera hoped to strike a partnership with Facebook, and build their crypto project on a finished product.

Hedera is a public ledger that uses hashgraph consensus, touted by the company as a faster, more secure alternative to blockchain consensus mechanisms. Hashgraph claims to achieve high-throughput with 10,000-plus cryptocurrency transactions per second, and low-latency finality in seconds from its "innovative gossip about gossip protocol" and virtual voting. Once consensus is reached, the data is added to the public ledger for everyone to see.

In a little over two weeks, Hedera Hashgraph's HBAR cryptocurrency has dipped from a high of $0.36 cents to around $0.03 as of press time. The blockchain-like network's CEO now says he will re-evaluate the token's economic model and potentially change HBAR's distribution schedule to give the company time to reassess.

The Coupon Bureau is a non-profit, industry-managed coupon data exchange technology platform that works with many of the largest players in the retail ecosystem. The decision to use Hedera Consensus Service to provide a real-time, tamper-proof log for all coupon events on its platform, will allow coupon providers, manufacturers, clearinghouses, and retailers the ability to validate in real-time when coupons are registered and redeemed on the platform, without having to trust any single party.

Blockchain company Hedera Hashgraph has urged the investors of its tokens to wait longer for the delivery as the price of the tokens plunged significantly. However, the company is not slapping the decision to the investors of the token.

Hedera Hashgraph, one of the prominent new projects for 2019, is in trouble again. Nodes have shut down without warning, suggesting the network may be more centralized than previously thought.

"EMTECH, an award-winning software company modernizing central banking infrastructure for financial inclusion and resilience, with blockchain-based platforms, and Hedera Hashgraph, provider of the most used, sustainable, enterprise-grade public network for the decentralized economy, announced today a partnership to develop an enterprise-grade, highly performant, highly secure and energy efficient CBDC (Central Bank Digital Currency) infrastructure product."

"CarbonUSD, or CUSD for short, is a compliant fiat-backed stablecoin where users can deposit and withdrawal real USD. To mint new CUSD tokens, users can make fiat deposits via ACH or Wire Transfer with our financial partner, Nevada-based Prime Trust. Frequent third-party attestations by leading auditor Cohen & Co. verify publicly that each token is backed 1-to-1 by escrowed funds in FDIC-insured accounts with Prime Trust's banking partners."

EMTECH-spearheaded Project New Dawn (PND) is a technical implementation of a retail central bank digital currency (CBDC) that runs on an Ethereum-based platform. PND is also working with the Hedera Hashgraph Network, to develop further understanding how to use interoperability to provide trust in the private sector part of the two-tiered CBDC network. https://futuremtech.com/central-bank-digital-cash/

Beginning in early 2020, HBAR holders that participated in the token sale will be able to take part in a program that would compensate them with annual allocations of additional coins. In exchange, investors would have to postpone the release date of the tokens acquired in their original investment.

The InterWork Alliance (IWA) launched operations as a platform-neutral, non-profit organization dedicated to creating the standards frameworks needed to increase innovation across token-enabled ecosystems. The new organization already has 36 members, including tech firms such as Accenture, IBM, and Microsoft; banking and exchange firms ING, Nasdaq, SDX, and UBS; and, blockchain companies Digital Asset, Neo Global Development, Hedera Hashgraph and R3.

The Bank of Ghana concluded its first central bank digital currency (CBDC) hackathon. The event involved ten teams developing eCedi solutions deployed on Hedera's public DLT, using EMTECH's Beyond Cash digital currency solution. KPMG participated as a service provider on a pro bono basis, establishing the competition criteria and supervising the event. The hackathon participants included developers, banks and fintechs. https://www.bog.gov.gh/speeches/governors-opening-remarks-at-ecedi-hackathon-awards-dinner/

"A better solution for enterprises is public/permissioned blockchain. In building on public/permissioned, providers get the scale benefit of public blockchain, with the enterprise-level governance of private blockchain. Cryptocurrencies are generally needed, which enterprises will need to accept to evolve, and solutions exist that allow users to avoid touching the crypto directly. Importantly, public/permissioned blockchains are operated by select groups, often larger trusted organisations. This gives greater control over the capacity and speed of the network, while providing comfort to large corporates over the decision making at the blockchain company and creates an element of trust that is more familiar."