30/08/19 03:44 UTC-4

$124 million blockchain: Hedera Hashgraph will begin to distribute tokens in mid-September

Hedera Hashgraph is a crypto project that promises to transfer micropayments on the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
. Behind it are giants such as IBM and Nomura Holdings. On September 16th, Hedera plans to begin issuing its tokens.

 

Hedera Hashgraph will launch the blockchain on September 16th

According to CoinDesk, Hedera Hashgraph planned to launch a blockchain in the main network on September 16 this year. When the blockchain is fully operational, the project will begin to issue its HBAR tokens.

Hedera Hashgraph held three rounds of fundraising, which raised $124 million. In exchange, the project promised to give investors tokens when the system starts working.

Crypto startup plans to fulfill the promise in several tranches. At first, only 1000 investors will receive HBAR. Hedera Hashgraph has developed such a system to exclude the possibility of manipulation with the price of a tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details
.

Interesting in the section: Financial geography: Cryptocurrencies in Mexico

  • Hedera Hashgraph claims that its blockchain is capable of processing up to 10000 transactions per second. Such a speed will supposedly allow for cryptocurrency micropayments and speed up data processing in decentralized storages.
  • Technological giants such as IBM, Nomura Holdings and Tata Communications are overseeing the development of the project. Also, FIS Global, the North American financial conglomerate, recently joined the project.

 

Editor: Yuliya Soroka

See also: "Central Bank of China: Rumors about the release of crypto yuan in November is "erroneous speculation""

#HederaHshgraph #HBAR #IBM #NomuraHoldings #Blockchain #TataCommunications #FISGlobal

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