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Hedera Hashgraph (HBAR): The Sleeping Giant of Crypto with Enterprise-Friendly Approach

The crypto industry has been growing at an unprecedented pace in the last few years, with new projects popping up almost daily. But among the hype and the noise, one project that stands out is Hedera Hashgraph (HBAR).

Hedera Hashgraph is a decentralized public ledger that uses a unique consensus mechanism called hashgraph to achieve consensus among network participants. The network is designed to be fast, secure, and scalable, making it ideal for enterprise use cases.

According to a recent video by YouTuber Ben of “BitBoy Crypto,” large enterprise companies in the tech and financial sector have been telling the public that crypto doesn’t work. However, Hedera Hashgraph has positioned itself as an enterprise-friendly organization and protocol that has made partnerships with some of the biggest companies.

Hedera’s secret lies in its ability to serve the needs of institutions and corporations, making it one of the most trusted enterprise blockchains. The project has built a strong foundation and is quickly becoming one of the most respected in the industry.

One of the main advantages of Hedera Hashgraph is that it was built to serve the needs of large institutions and corporations. It’s quickly becoming one of the most trusted enterprise blockchains, and for good reason. Its technology is fast, secure, and scalable, making it ideal for use in industries where data privacy and security are paramount.

Hedera Hashgraph has been making big moves lately, with partnerships with large companies such as Google, IBM, and Boeing. The network has been busy building a strong foundation and developing exciting dApps for its ecosystem. Hedera has also been getting its hands dirty and putting in work ever since the bear market started. This dedication to building during tough times is what separates the winners from the losers in the crypto industry.

At the World Economic Forum in Davos, Switzerland, Hedera had a big presence, with a seat at the table. This is a testament to the strong connections the project has with large institutions and corporations. One of the representatives for Hedera was Nominee Reuben, the new Chief of Staff and Head of Global Policy. He spoke at the official Politico Davos party, along with the CEOs of Uber and Politico. Hedera was actually sponsoring the party, which makes sense that they would have a representative there giving a main talk.

The Hashgraph Innovation program was launched last year by the Hashgraph Association to bootstrap the development of the entire HBAR ecosystem. At the beginning of the year, it was announced that the association was supporting 35 projects, but it seems like more are coming. The ecosystem is growing organically, and the Hashgraph Association has been funding tons of new projects and developers to get them moving over to Hedera and get building.

According to data from Crypto Methius, HBAR ended 2022 as the 24th most built-on network or most developed crypto project based on GitHub activity. This is a promising sign, as the network has already risen one rank so far this year. There is still a lot of room for growth, and untapped resources for Hedera. As the project moves up those ranks, the potential for growth becomes even greater.

Hedera Price Chart (HBAR) | Source: Coingecko

As of writing, HBAR is being traded at $0.087, reflecting a 1.3% increase in the last 24 hours. Although its market capitalization is at $2.29 billion, it has declined by 85% from its all-time high of $0.569229, which was reached on September 15, 2021.

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