Discover why Hedera Hashgraph is poised to become one of the top networks powering Web3 and tokenized assets. In this video, we break down:
What is Hedera Hashgraph and how it works
The innovative technology behind Hedera, including its acyclic graph design
The company history and key founders behind Hedera
The powerhouse partnerships driving its growth (Google, IBM, Boeing, and more)
Use cases like healthcare, real estate tokenization, and decentralized marketplaces
Fixed fee structure advantages for scalability
Price potential and long-term predictions
Learn how Hedera Hashgraph’s unique governance model and enterprise adoption make it a key player in the decentralized future.
What is Hedera Hashgraph and how it works
The innovative technology behind Hedera, including its acyclic graph design
The company history and key founders behind Hedera
The powerhouse partnerships driving its growth (Google, IBM, Boeing, and more)
Use cases like healthcare, real estate tokenization, and decentralized marketplaces
Fixed fee structure advantages for scalability
Price potential and long-term predictions
Learn how Hedera Hashgraph’s unique governance model and enterprise adoption make it a key player in the decentralized future.
Category
🛠️
LifestyleTranscript
00:00Today, we're going to get into a network that I think is one of the three to five networks
00:05that everything else will be built on top of, and that is Hedera Hashgraph.
00:11So what is Hedera Hashgraph? Who's the company behind it? Who are the partners and people that
00:16are involved with it? You know, what use cases are going to be built out of the network? And then,
00:21you know, what is the potential price appreciation of the network if everything works out like I
00:27think it's going to? Hashgraph is very similar to blockchain, except it utilizes an acyclic graph
00:33in order to be faster, more efficient, and more secure than what blockchain can offer. I think
00:39that most Web3 applications that are interoperable with the majority of Web2 companies will end up
00:46being built out on this. The data and the messaging that this allows ends up being much more secure
00:53than just a blockchain. And because of the way the consensus algorithm works,
01:00it's also a better solution for digital identity and protecting your own data. So that's why I think
01:07it'll end up being one of the major players long-term and one of the main networks everything else is
01:11built out on. So what's the company that's behind Hedera Hashgraph? Well, it's Hedera.
01:17So back in 2014, you have Dr. Bird and Mr. Harmon. They came together. They've been business partners
01:28and friends for a long time. They formed a company called Swirled in 2015, 2016. And that's actually
01:34what they used to raise the capital for the development of the network. So they had Swirled.
01:40They ended up forming Hedera, the company. Both of these companies are formed here in Dallas,
01:44Texas, where I am. Anyway, so Swirled raises the capital for the seed round. They bootstrap the
01:49development. They launched Hedera August 24th of 2018. They mint the $50 billion supply of Hedera.
01:58They have an ICO where they only sell to accredited investors and institutions,
02:02which I think shouldn't be a problem. But even if it is, it's, you know, been five years,
02:07more than five years past then. So the statute of limitations shouldn't allow the SEC to come after
02:13them. So this should be good at this point. But they went to market after that. And they've had
02:21a lot of iterations up to today. I want to touch on the partnerships, right? So I mentioned that in
02:27the beginning. And that's another reason I think Hedera will be one of the giants and mainstays
02:33long term for the networks that things are scaled on top of. So right now, they have 30 of the 39 seats
02:40available on the governing council field. So there's still nine more companies. You know, maybe we
02:46could speculate and say Tesla or SpaceX or some of these other giants in the space might step in here.
02:54But they already have Google. They already have LG. They have IBM. They have Dell. They have FIS.
03:00They have Boeing. They have Standard Bank.
03:02And there's other very large players on the council as well. It's not like they're just here
03:11in the United States. There's international buy-in for this network. You know, there's people from
03:18Sydney, Australia, the UK, Singapore, you know, you name it. Any large developed nation has a company
03:27with some vested interest here in this network where they're developing solutions and efficiencies
03:33and scalability of this network just because of the way it's been built and those that are involved
03:39with it almost second to none. So there are many applications that have already been built out on
03:45this network. People that are pioneering solutions in different verticals with the smart contracts and
03:52the capabilities that are inherent to it. So we'll get into some of those. Um, healthcare is a huge one.
03:59Um, you have to be HIPAA compliant and the way that the data has to be distributed and stored.
04:05Um, it's imperative that it's extremely secure. And so that's why, you know, for healthcare in
04:10particular, I think Hedera Hashgraph has a significant edge. Uh, the main company that is driving that
04:17innovation on the network is Intiva Health. Um, and they have a DAP where you're able to store,
04:24share medical data across the world. And, you know, we've talked about this in other videos,
04:31but if there's not a standard way to organize, um, data as you're passing it between one party and
04:37another, it just, it's not interoperable. So there's that application. We've also got Red Swan,
04:43uh, which is tokenizing real estate on Hedera's network, a huge market there, right? Trillions of
04:50dollars, uh, that could be brought onto the network over the next decade as more tokenization happens.
04:58Um, it's interesting to me that they're doing that against the physical item, uh, or the physical
05:04location, tokenizing that, creating a title against it, and then allowing for fractionalized ownership.
05:09I have my own opinions on whether that's scalable or not on the current, uh, guidelines and regulations
05:14here in the U S but nonetheless, I think it's a great application and likely something that will
05:20be built out on the network long-term. The other thing I do want to mention about Hedera that makes
05:24it different than a lot of other networks I've seen is the fee structure on the network. So the
05:30fees on the network are fixed in a dollar denomination. So a lot of other networks may utilize the token
05:37for payment, which Hedera does, but the fees fluctuate with the value of the token. So it's
05:43a percentage of the token or it's denominated in the token, whereas the fees here on Hedera
05:47Hashgraph are denominated in dollars. And so even if you had appreciation in the price of the token,
05:53the fees remain fixed on the network, which I think is imperative to be able to scale and grow long
05:57term, um, without causing, you know, inflation of costs when people are utilizing the protocol.
06:04Uh, some of the other things that I thought were interesting that are being developed on this
06:07network, crypto task, which is like the fiver of web three. Um, it allows people to create a
06:15marketplace, uh, where they can, uh, hire somebody to do small tasks for them. So a lot of really cool
06:22dApps being built on this network already. Um, and I think that that will continue, especially with,
06:28you know, the people that are sitting on the governing council, there's going to be a lot more that
06:31comes to this network. These large corporations and enterprises are going to be leveraging this
06:36technology within their own infrastructure and also for the products that they're building.
06:41Um, the other cool thing about the council is that you can only serve two terms as a member of the
06:47council. And each one of those terms is three years. People can only stay on there for a certain
06:51period of time. I think that's invaluable in, in, in again, scaling the network and providing a fair,
06:57um, way that things can, can be governed. What's the potential price for Hedera Hashgraph in the
07:04longterm, uh, if they are successful in, you know, executing on their vision and building out this
07:10decentralized network and continue to bring on powerhouses for the governing council. So today
07:16Hedera Hashgraph has a value of about seven cents. It's a bit more than seven cents. Um, and the 24
07:23hour trading volume is a little over 25 million. So still pretty nascent, you know, even with the
07:30promise of the network and the people that are involved with it, I think that, you know, just
07:35personally, uh, again, nothing here is ever financial advice. Always consult with your financial advisor
07:41before making any investment decisions. Everything shared here is for entertainment and educational
07:46purposes only in comparison to the people that are involved with this network and the potential
07:51use cases, uh, for the volume that can be transacted over this network. I think it's significantly
07:57undervalued, um, and will perform very well over the next three, five, 10 years as more and more use
08:05cases are developed and this network is used, you know, short-term goals. We saw a high of almost 14
08:11cents in the last bull run, uh, for Hedera. And obviously it's pulled back since then. It got all the way
08:17back down to a little below four cents. And now we're back up, like I said, uh, a little over
08:21seven cents today at the token launch. It fell down pretty hard. Um, I got in Hedera closer to the
08:28bottom, uh, in 2020 and wrote it up for the last bull run, which was great. You know, long-term price
08:34prediction, I think easily single digit dollars, potentially double digit dollars is completely
08:38realistic as more things are built out on the network. And again, more volume drives people
08:44utilizing the token to pay the fees. Could it get to three digits someday? Potentially,
08:51you know, I'm not saying that that's a likelihood, but I think that, uh, single digits and double
08:57digits, um, in dollars is, is very likely for this network if it achieves its goals and continues
09:05to build and scale like, like they are. Hopefully this has been valuable for you. If it haven't
09:10liked and subscribe, we would love to have you do so. If you have anything that you think
09:14could add to the conversation, please put it in the comments below and we will see you guys
09:18on the next one.