Hedera Hashgraph is a public network based on distributed ledger technology (DLT), developed for businesses and companies as a platform for decentralized services and applications. Hedera positions itself as a third–generation public network, the next stage in the development of bitcoin and Ethereum. The strengths of the project include high scalability, security, smart contracts, energy efficiency and low usage fees.

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"The entire platform is built on Hedera Hashgraph, a decentralized public network. Hedera gave Calaxy a grant in HBAR–its own cryptocurrency–to support the development and use of the app on its network". Read more from Nayantara Bhat at Jumpstart Magazine: 
https://www.jumpstartmag.com/spencer-dinwiddie-blockchain-based-plan-for-fan-engagement/

"The entire platform is built on Hedera Hashgraph, a decentralized public network.

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