HBAR Foundation offers grants and resources to developers, startups and organizations building on the Hedera ecosystem in the areas of technical assistance, marketing, and business development. A Hedera transaction can be completed at 10,000 transactions per second in near real-time. In addition, the network is low-cost and bandwidth-consumptive. With over 410k accounts on the public network, over 1.75 billion transactions have been processed since it launched in 2018.
A cryptocurrency called HBAR, also known as Hedera Hashgraph, has been around for a while and has been on some people’s radar for crypto tokens to watch. HBAR has a unique approach to investing in crypto and is looking to change the crypto landscape. We need to take a closer look at what is happening with HBAR.
Whoever is unaware of Hashgraph, it is a distributed ledger technology that has been referred to as an alternative to blockchains. There is only one authorized ledger, and it is Hedera Hashgraph, a technology currently patented.
Also Read : Bitcoin Taproot Soft Fork Upgrade is live now
HBAR has been receiving a lot of attention lately. With the network, everyday users and investors can now invest in DeFi more easily than ever before. In a collaboration with Aktio, Hedera will launch its first DeFi application through its network. An easy-to-use product that allows users to use predictive mathematics to invest in digital currency on the network seems promising for the network: a user-friendly product for consumers.
Through its innovative technology, akt.io aims to transform the world of finance by offering members a single mobile app that allows them to quickly and easily transfer capital, automate their investments, and turn digital assets into income.
HBAR and Akt.io partnership
Herdera Hashgraph wants to create the best ecosystem products, and with grants it seems that it will accomplish that. This HBAR Foundation grant will be utilized as part of the Aktio partnership, as the two parties announced a few days ago. Here are some considerations when it comes to Aktio’s first DeFi app. Additionally to the cash injection, Hedera Hashgraph will provide organizational support.