Cryptocurrency

Hedera (HBAR) is a cryptocurrency and blockchain platform that provides fast, secure, and scalable transactions and smart contracts for various applications and use cases, such as payment, identity management, decentralized logs, sustainable solutions, etc. Essence Hedera uses a novel consensus algorithm called hash map, which uses the rights and interest proof (POS) and the gossip agreement to achieve high performance and certainty without sacrificing safety or decentralization. Hedera manages the council consisting of leading organizations from different industries and regions, and is responsible for supervising the development and operation of the network.