Hedera Hashgraph — Say Hello to our Future- An Introduction
I am a tech. Guy but I am not a technical guy. Meaning I love gadgets and new technology but if you ask me to explain them to you; I do not do much better than someone who is not interested in technology at all. I do not understand specs, I know nothing about code besides the first thing you learn is “Hello World” and I can't even do that!
I am an investor and I am an enthusiast. I bought stock in Apple right before the iPhone was released, I bought Tesla when it went public and I invest in numerous other companies some of which you probably have never have heard of. The thing is though I invest based on the company, the people, the vision, the technology and my research or “due diligence.” I do not rely on charts or graphs, fancy software and I would never use a bot to bid or do my work for me.
I was never into cryptocurrencies, bitcoin annoyed me and so did its supporters if I am being honest. They have told me this is the new currency and a bunch of other stuff with no catalyst or or factual evidence to back it up, so I never invested. Did I miss out on a huge financial opportunity, Yes but do I regret it? No. Most people who buy bitcoin simply repeat what they heard. They tell me things like “Blockchain is amazing” and random other things which usually involve spewing some trending tweets or telling me something about some celebrity whom I could care less about. “Elon Musk bought BTC and he is the modern Thomas Edison” which in my opinion is not only untrue but a bad analogy considering Thomas Edison stole most of his inventions.
A few weeks back I was researching some companies to invest in and I stumbled across an article about a company out of Dallas, Texas called Hedera. Apparently some guy, who is very smart I might add came up with a new “Distributed Ledger Technology” like blockchain for bitcoin but it performs way better, more efficient and faster! Than this smart man or dare I say genius who is Dr. Leemon even patented the technology. Being the tech enthusiast that I am, I had to know more about this company which is when I started reading, researching and even downloaded the app. Telegram just to join a community that discusses this company and their cryptocurrency which is called HBAR.
I entered into the most passionate, loyal, supporting community I have ever seen online. They were sharing ideas, discussing the future of the company and of course discussing the coin or token price as well. Their focus however was not on the price and how much money they could earn it was on the technology, the fundamentals and the vision of the company. That combined with my research was enough to make me buy 20k HBAR that day. Through being there I became actively involved and even some employees of the company itself pop in and ask the community what their thoughts and ideas are and they listen and interact which is amazing! So below I will tell you a little bit about Hedera Hashgraph in and why I invested and why I think they are our future. I also want to mention before I get into the meat of the article that the community on telegram is t.me/hbarchat ran by an extraordinary individual who puts in a ton of hard work, his twitter handle is @hbarprice and I think he prefers to be known as that as I do not know his real name and he never shared it with me.
So why is it that I think Hedera Hashgraph is our future?
There is no doubt that businesses and Government are looking into the possibilities of DLTs (Distributed Ledger Technology), digital currency and ways to keep better records, define ownership and process transactions at a fast rate. These technologies rely on a cryptocurrency to process these transactions and allow the system to function. Again I am not a Tech. Guy so explaining this is hard for me. So rather than go into the details of what Hedera Hashgraph is, I will provide you with information on how they are better than what is out there already.
Please see the below table to see the efficiency of Hedera Hashgraph versus the known and popular cryptocurrencies/blockchains that are out now.
The speed, the cost and the time make it more efficient than anything out there today and according to Hedera it will take years just to figure out what is possible since this is such a new technology. The possibilities are endless! Plus they have a great business model which is focusing on the technology, not the coin price (which will come on its own). Hedera is also “Owned and governed by the world’s leading organizations” They will eventually have a governing council of at least 39 but as of right now they have 18 which are:
- Avery Dennison
- LG
- Boeing
- Magalu
- Dentons
- Deutshe Telekom
- Nomura
- Standard Bank
- DLA Piper
- Swirlds
- Eftpos
- TATA Communications
- FIS
- UCL
- Wipro
- IBM
- Zain
This alone was enough for me to put all my disposable investment funds into HBAR. As they have a company with vision, governance, and some of the largest companies backing its success. As I said I just wanted to give a very brief non-technical overview of this company and I didn't even touch on the Dapps being built upon this futuristic platform. I will however mention one The Coupon Bureau they just recently deployed and used the first all digital coupons set to revolutionize the coupon: “A non-profit centralized data exchange connecting all stakeholders to the new Universal Digital Coupon” visit them at https://www.thecouponbureau.org also be sure to research and do your own due diligence on Hedera at hedera.com.
Our future is now!
@PeterUliano
