In episode 167, we’re excited to welcome Andrew Forson, Head of Ventures and Investments for The Hashgraph Association, a non-profit organization focused on building a vibrant, innovative, Hedera ecosystem.. We explore what differentiates hashgraphs from blockchains, their vision for building a decentralized economy that empowers startups, enterprises, and governments, their recent collaboration with Deloitte to track and tokenize ESG impact, some of the opportunities for developers interested in building on Hedera, and much more.

--Three Key Takeaways--

Hashgraphs differ from blockchains in how they organize data and achieve consensus. Unlike blockchains, which line up data in a chain of blocks, hashgraphs organize data on a grid where many branches come together, leading to faster transactions. This allows for a throughput of 10,000 transactions per second at very low energy consumption and cost per transaction.
When data is published onchain, it becomes a single source of truth. Since you have a single source of truth as the basis for the technology, it opens up the ability to port this around the world, giving everyone access to the same data, no matter their location, economic background, or identity.
When it comes to onboarding traditional enterprises or impact organizations, it’s important to build and package web3 tools in a way that meet these organizations where they’re at and are easy to use without having to understand the complexity of the underlying technology. This includes making the technology compatible with popular web2 alternatives, and offering 1-on-1 bespoke support to organizations.

--Full shownotes with links available at--
https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-episode-167-the-hashgraph-association-building-a-decentralized-digital-future-with-hedera

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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.

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Episode 167 - The Hashgraph Association - Building a Decentralized Digital Future with Hedera

Crypto Altruists: Real-World Stories of Social & Environmental Impact with Web3