Hedera
Crypto Overview
Overview
Hedera is a public distributed ledger technology that aims to provide a secure, fair, and fast enterprise-grade network for decentralized applications. The platform uses a unique hashgraph consensus mechanism, which differs from traditional blockchain technology.
Intended Utility
Hedera's HBAR token serves multiple purposes: network security through proof-of-stake, transaction fees, and network governance. The platform focuses on enterprise applications, smart contracts, and decentralized applications (dApps).
Business Model Assessment
Hedera's business model appears transparent and well-documented. The platform is governed by the Hedera Governing Council, which includes major corporations like Google, IBM, and Boeing. The network primarily generates revenue through transaction fees, which are distributed to node operators and token holders who stake their HBAR.
Real-World Adoption
Hedera has established significant partnerships with enterprises and continues to see growing adoption. Notable use cases include document verification, supply chain tracking, and tokenization of assets. The network processes millions of transactions monthly, demonstrating actual utility.
Token Distribution
The initial token distribution allocated 50% to treasury management, with the remainder distributed among founders, employees, and investors. Vesting schedules are in place to prevent immediate selling. The Governing Council members do not receive HBAR tokens for their participation.
Development Activity
The platform shows consistent development activity with regular updates and improvements. The technical documentation is comprehensive, and the development team maintains active communication with the community.
Crypto Impact
To assign a comfort level investing in Hedera from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Hedera.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
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You can change your vote if you change your mind.