Last night Hedera Hashgraph accomplished a significant milestone. Following 18 months of intensive development and preparation, Hedera completed the beta launch of its “Mainnet” open access network. Hedera Hashgraph is the public permissionless distributed network operating on the revolutionary Hashgraph distributed ledger technology, created by Swirlds.
The Hashgraph distributed consensus algorithm was invented by Dr. Leemon Baird. Dr. Baird received his Ph.D. in Computer Science from Carnegie Mellon University. Together with his longtime friend and colleague Mance Harmon, Swirlds Inc. was organized in 2016. Baird and Harmon were both former faculty
It's probably fair to say that when you think of the mining industry you probably don’t think of it as being good for the environment. You’d be right to feel that way. Look at the headlines. In February of this year mining giant Rio Tinto
Last week, amid political fear and economic turmoil across Argentina, Russia and Hong Kong, the price of gold in dollars reached fresh six-year highs. Continued political protests in Hong Kong and Russia, as well as the results of Argentina’s primary elections, are fueling global sentiment
In 1895 and 1896 Argentina was the wealthiest country in the world. Since that time it has lurched from one financial crisis to the next defaulting on their government bonds eight times. What happened to make Argentina go from one extreme to the next? Many
Sunday night China allowed its currency to weaken against the U.S. dollar bypassing the psychologically important level of 7 yuan to the dollar. In India, the rupee also weakened against the dollar as Jammu and Kashmir went into forced blackout by the government and the rupee moved
There is significant disruption in the financial services industry from the rise of peer-to-peer (P2P) mobile payments. The acceleration of the P2P payment market is driven by smartphone use growth, fintech startups, and preferences of Millennial and Gen Z consumers. As background, peer-to-peer payments refer to digital money transfer
Over the weekend news out of Tehran reported that the Iranian government would be launching a gold-backed cryptocurrency. Shahab Javanmardi, the CEO of Iranian Information and Communication Technology (ICT) FANAP, commented, “Iran’s cryptocurrency will be supported by gold, but its function is similar to other
This week we want to discuss the role of trust in the technology sector. For those of you that are not familiar with the history of Bitcoin, it’s important to know that it was created as a response to the last financial crisis in 2008-2009.
Two years ago the National Bank of Poland was widely criticized by the crypto community for running ads bashing Bitcoin and crypto currencies in general. They even created a YouTube video titled “10 differences between money and cryptocurrency that you need to know”. It’s disappointing that the