HBAR (Hedera Hashgraph) | Cryptocurrency In Singapore

Hedera Hashgraph is a DLT project and an innovative variation of a standard blockchain on the basis of the technology called directed acyclic graph (DAG). Basically, operations are recorded not via the chain (like in a blockchain), but via a directed acyclic graph. Hashgraph supports decentralised applications, and it is based on an asynchronous Byzantine-Fault Tolerance (aBFT) consensus. In this protocol, the network keeps honest consensus (as long as less than 1/3 of the nodes are malicious), which makes the system attack resistant and secure.

It is the brainchild of Dr Leemon Baird who is the Co-founder, CTO and CSO (Chief Science Officer). Dr Baird holds a PhD in Computer Science, holds various patents and is an author of multiple academic journal publications.
The other co-founder is Mance Harman who is currently the CEO, covering operations and management. Baird and Harman have worked together at Trio Security, and later at BlueWave Security. Generally, the leadership team (currently around 10 employees) and advisors have strong experience and education.

Edgar Seah (Singapore) is the Head of the Asia Pacific region for Hedera Hashgraph.
Edgar was formerly Head of Asset Backed Trading & Syndication and Co-Head of Asset Backed Originations at Bank of America Merrill Lynch for Asia. He was among the fastest in the history of Merrill Lynch to be promoted to Director, reaching that title in 3.5 years after graduating from his bachelors degree (Phi Beta Kappa) at Carnegie Mellon University.
Edgar left the finance industry in mid-2010 and traveled extensively for 2 years before moving to Ghana to launch Sponsors for Educational Opportunity (SEO) Africa, a revenue generating nonprofit leadership development program for young Africans, with the mission of developing the next generation of socially conscious leaders of Africa.
Edgar has been an angel investor in early-stage tech companies since 2012, with a focus on DLT and AI companies.

SERVICES

  • CRYPTOCURRENCY
    Manage accounts, enable fast payments.
  • FILE SERVICE
    Securely manage files and verify details.
  • SMART CONTRACT
    Build and run Solidity smart contracts.
  • CONSENSUS SERVICE
    Develop apps with fair ordering and speed.

External links:
Hedera Hashgraph claims its tech is superior to blockchain, set to open Singapore office soon
Decentralized Applications Go Live on Hedera Hashgraph as Mainnet Opens to Public
Updates to the Hedera whitepaper

HBAR

HBAR is the native cryptocurrency of the Hedera public network. Hbars are used to power decentralized applications, build peer-to-peer payment and micropayment business models, and protect the network from malicious actors.

Total supply:  50,000,000,000 

Network fuel
Developers use hbars to pay for network services, such as running a smart contract, storing a file, or transferring cryptocurrency. For each transaction submitted to the network, hbars are used to compensate network nodes for bandwidth, compute, and storage. Developers can incorporate hbars into applications to facilitate peer-to-peer payments and micropayment (<$0.01) business models.

Network protection
Hedera’s proof-of-stake public network uses hbars, which are staked or proxy staked (coming soon) to a network node, to weight votes on transactions when reaching consensus. Weighted voting with hbars makes it difficult and expensive for a bad actor to maliciously affect consensus — it would require them to own and stake over one-third of the network’s total supply of cryptocurrency, which will not be possible for the first 5 years.

Hedera expects to begin releasing tokens to SAFT investors by the end of summer (US) 2019. Hedera does not control whether its token will be on exchanges, but we anticipate that Hedera tokens are likely to be traded on exchanges at some point in 2019.

Purchase Hbar over at Upbit | Bittrex | OKEx