Hadera Hashgraph launches mainnet, hopes to compete with global business networks

Credit to Author: Lucas Mearian| Date: Thu, 29 Aug 2019 05:00:00 -0700

Hedera Hashgraph, an electronic public ledger developed for corporate use, launched its mainnet beta today, allowing developers to create an account and build decentralized applications (dApps) for it.

The distributed ledger technology (DLT) is a direct competitor to blockchain distributed ledgers such as Ethereum and Hyperledger, and claims it can outperform traditional financial and business networks.

“There is no direct equivalent to Hedera Hashgraph today,” said Martha Bennett, a principal analyst at Forrester Research. Hadera is potentially competing with public networks and all the enterprise DLT frameworks (such as Hyperledger Fabric & Sawtooth, R3 Corda, and others) and their commercial providers, which include AWS, IBM, Microsoft, Oracle.

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The top 8 problems with blockchain

Credit to Author: Lucas Mearian| Date: Mon, 08 Jul 2019 03:00:00 -0700

While blockchain holds tremendous potential for creating new financial, supply chain and digital identity systems, it’s often erroneously seen as a panacea for business problems.

The myriad of pilots and proofs of concept by large corporations and government agencies are showing real promise, but those projects don’t always lead to obvious business cases that justify doing something differently. Sometimes a tried and true technology like a relational database can perform the task much more efficiently than a distributed ledger based on peer-to-peer technology that will require complex governance and rules.

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(Insider Story)

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