Hedera Hashgraph, an enterprise-grade public distributed ledger platform, has been recognized as a Cool Vendor in Gartner’s recent report, Cool Vendors in Blockchain Technology.
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Hedera Hashgraph is a public distributed ledger for building decentralized applications. Hedera aims to resolve four fundamental issues preventing mainstream market adoption of public ledger technology—performance, security, stability, and governance.
In the report, Gartner notes, “The purpose and benefits of blockchain across the enterprise are evolving rapidly. The decentralization and immutability of blockchain records play a key role in the offerings of three emerging vendors. Application leaders should investigate their offerings.”
Hedera is the only public ledger that uses hashgraph consensus, a faster and more secure alternative to blockchain consensus mechanisms. Hashgraph works efficiently to verify transactions, while ensuring the highest standard of security to prevent malicious attacks. Hashgraph achieves high-throughput with thousands of cryptocurrency transactions per second and low-latency finality in seconds, by leveraging its innovative virtual voting protocol. Once consensus is reached, it is available on the public ledger for everyone to transparently see.
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