Crypto doesn’t work… at least that’s what large enterprise companies have been saying over the past few years. But the developers at Hedera have started to build their applications on the Hedera network, which has positioned itself to make crypto work for some of the largest companies on the planet. The leadership at Hedera even has a seat at the table this year at Davos.
0:00 Intro
1:13 HBAR
3:31 Development on Hedera
7:48 DeFi
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Crypto doesn't work or at least that's What large Enterprise companies have Been telling us and of course Specifically large Enterprise companies In the tech and financial sector that Don't want a new bully on the Block but One crypto project out there has Positioned itself is a very Enterprise Friendly organization and protocol and That's hedera with their hashgraph Consensus mechanism hedera is Positioning itself to be friendly to These organizations and large Enterprise Companies has made Partnerships with Some of the biggest ones what's its Secret and how did it get a seat at the Table at Davos find out let's get it Foreign Crypto my name is Ben as you guys know a Few weeks ago we did an interview with One of the co-founders of hedera Dr Lehman Baird he's also the inventor of The consensus mechanism known as Hashgraph and that's where we get hedera Hashgraph from well that interview gave A lot of insights into updates and What's happening but it'd be best if we Pack everything into a video and explain Why we believe hedera's got sky high Potential in its token h-bar well let's Just say a lot of speculation is going To be happening on the blockchain but of Course in this video we're going to tell You what they're doing and then the
Speculation well that's up to you I Can't give you Financial advice so if You've been watching this channel for Any time at all over the last year you Know hbar is one of the projects one of The tokens that we believe has a lot of Potential in the next Bull Run we love Layer 1 platforms we love ICP we love Ethereum we love cardano we love Algorand there's a lot to like in these Platforms now the thing is is each one Of these layer ones well they kind of Need something that separates them from The pack an air hashgraph well they have One that's why bar makes it it's one of My select coins to make it to my Twitter Profile with a hashtag you know I didn't Know that word cash tag until I started In crypto but hadera launched back in 2019 and it kind of faded very quickly Only to be a sleeper in the 2021 bull Run now hedera is doing big things with Partnerships with corporations has built A strong foundation and also a lot of Exciting daps coming to its ecosystem It's been getting its hands dirty and Put in work ever since the bear Market Started that's what separates the Winners from the losers build in the Bear Market harvest in the bull market But one of his Aaron's main advantages Is it was built to serve the needs of Institutions and corporations and it's Quickly becoming one of the most trusted
Enterprise blockchains and for all my Wef fans out there my Davos daddies let Me tell you hedera had a big Presence at A seat at the table in Davos this year This is where all the establishment Billionaires hang out so why was hedera There no this doesn't mean that hedera Is in the world economic 4 forum and It's a bad project and they're trying to Great reset us they're there because who They serve is large institutions and There's no collection of higher upper Echelon institutions and representation Than a WF that's a good indication of The strong connections that are actually Their demographic one of the Representatives there for hedera was Nominee Reuben the new chief of staff And head of global policy he spoke at The official Politico Davos party along With the CEOs of uber and Politico Sounds super interesting A lot of people not make that joke more But hedera was actually sponsoring the Party so it makes sense that they would Have a representative there giving a Main talk the point is hedera has now Jumped into the belly of the Beast and Of course regular users can still use Hedera they've got games coming out and Plenty of dapps that the regular user Can use but remember the chain itself is Geared for Enterprise so let's talk About the uptakes and development on
Hedera last year the hashgraph Association launched an initiative Called The hashgraph Innovation program To bootstrap the development of the Entire h-bar ecosystem should probably Be hedera ecosystem actually Dr Lehman Bear pointed this out to me when you're Talking about the chain you say hedera Only talk h-bar when you're talking About the token and of course the H Barbarians the community that's okay to Say as well but I find some of these Communities are really finicky about What you call what so let's make sure to Get the glossary terms right So for any layer one blockchain the Success level of it is going to depend On the amount of users which comes from The level of development and developers That they have working on projects at The beginning of the year it was Announced that the hashgraph association Was supporting 35 projects it seems more Coming and we actually already know here At biblical crypto about an additional Project is launching on hedera over this Next year that's not even included in Those 35 projects so the point is the Ecosystem is growing and is growing Organically the hashgraph association Has been funding tons of new projects And developers to get them moving over To hedera and get building and please Don't ever say biddling it's not the
Right thing to say now according to data From crypto methius hadera ended 2022 as The 24th most built on network or most Developed crypto project and that's Based on the GitHub activity so far this Year it's already risen one rank but the Point is there's a lot of room for it to Grow and that means there's still a lot Of potential in untapped resources for Hedera now there is a major project so When it's number 23 you can see the Potential of how fast and how quickly it Can grow and move up those ranks there's A lot of people that don't really know About it still now plenty of crypto Native projects are being developed and Built on hedera but the main advantage Like I said earlier is the trust that They built with large institutions and Corporations recently at CES the Consumer Electronics Show Electronics Manufacturer LG announced that on their TVs people will be able to buy sell and Trade nfts and that's using the blade Wallet that was built guess where Ethereum no I'm just kidding it's on Hedera obviously this is a hedera video But one of the reasons hedera has been Able to build so much trust at such a High level is because its team is h-bar None too many jokes in this video but That's a good one too the team's got Plenty of Connections in the traditional World and if you want to check out my
Interview with Dr Lehman Baird super Interesting stuff very high level Individual you can click above we'll put A card up there for you last month the Hedera governing Council which is Heavily involved in the blockchains Development in announce it was Appointing two new members to the Executive team high level individuals Including no mini Rubin who he spoke About earlier who spoke at the Davos Party who held high positions at meta Tetra Tech and the information Technology Industry Council as we said Earlier he was made the new chief of Staff and Global policy advisor the Other new addition is vet Sabe boat Titus I had about a two percent chance To say that right I did my best he has Nearly two decades of working in the Financial industry working with the Likes of Citigroup uplift cuesky and Lending Club bojetus is the new Chief Financial Officer DFO and she was Recently selected as a top honoree at Nasdaq's Latina disruptors event has Made some really interesting comments Regarding the future of hedera she said One of the things that really drew me Towards my current role hedera was a Sense of alignment I had with adair's Vision to cut down settlement periods And bottlenecks involved in cross-border Trade while bringing Central Bank
Digital currencies or cbdcs to wider Audiences interested in cryptocurrencies Eliminating volatility while offering Speed and transparency to end users the Future of financial inclusion looks Brighter and brighter as we move forward And I'm eager to ensure hedera continues To remain at the Forefront of this Important movement her focus on Cross-border payments and CBDs well it's Very interesting if you think about it It might indicate that Adera might be Going the route of the ISO 20022 Standards and they may well in fact be In that club they do seem to be ISO 20022 compliant those networks are going To roll themselves into helping with Cbdc's now before you go all up in arms About the cbdcs I do believe that there Are ways that we can prevent these from Being the overarching great reset coins I think we put in smart regulation and We demand that before we make these Things live then we might be able to get It the main thing is they're coming no Matter what we need to ensure that People are not going to be cut off from Spending their money like I mentioned Earlier it's not only a corporate Blockchain or institutional blockchain We also have regular users and that Means defy that's where a lot of the Users are in crypto and it has a Presence there in D5 already
Specifically with a project called Pangolin this Pangolin is actually a Defy dap that is on Avalanche but on January 24th well they welcomed in the Hedera community or the H barbarians as Well now the TBL for Pangolin is Relatively low it was hovering around 25 Million when we put this research Together the Pangolin Community has been Very strong through a lot of the drama In 2022 and Madera developers have Embraced the platform so that tells you Something penguin team has been working With a hedera based platform called Archaea archaea is already currently Used by several vadera's corporate Partners which means it's got a lot of Institutional support penguin is also Integrating alongside hedera nfts now These are powered by the hashtag nft Wallet on Adera these apps and wallets Are putting Adera on the right foot to Be able to make some big moves in the Next two years because all that's bonus The Enterprise is really the key to Pushing this project forward and Reaching new all-time highs potentially In the next bull market hedera is Solving the problems that a lot of the Enterprise companies and institutions Have with blockchain they don't really Know how to make it work for them and That's the secret for the sauce and the Next Bull Run for a lot of these layer
One platforms it's not adoption by Normies they're going to put us over the Finish Line it's the big players getting Comfortable with blockchain let me know Down below what are your thoughts on Hedera and what do you think the h-bar Token price is going to get to in the Next Bull Run drop those down below Don't forget to subscribe to the channel That's all I got people that's way out [Music] Thank you [Music]
