Hedera is a public distributed ledger that uses a hashgraph consensus algorithm rather than a traditional blockchain structure. The platform achieves high throughput, low latency, and fair transaction ordering through its novel directed acyclic graph (DAG) technology. Hedera is governed by a council of up to 39 major organizations including Google, IBM, Boeing, Deutsche Telekom, and Standard Bank, providing enterprise-grade governance and stability. The network offers native services for token creation (HTS), smart contracts (EVM-compatible), consensus timestamping, and file storage. Hedera focuses heavily on enterprise adoption and real-world applications, with use cases spanning supply chain tracking, payments, tokenization, and decentralized identity. The HBAR token is used for network fees, staking, and as a means of exchange within the ecosystem.
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