Hashgraph Market Demands and Growth Prediction, Outlook
2018-2026
Hashgraph Market study provides key insights about market drivers,
restraints, opportunities, new product launches or approval, regional
outlook, and competitive strategies adopted by the leading players.
Hashgraph is an advanced type of distributed ledger technology developed by Swirlds, a US-
based company. The key features of hashgraph algorithm includes fast, secure and fairness of
access. Hashgraph is a data structure and distributed algorithm that reduces the requirement
of major computation power and massive energy consumption. Moreover, hashgraph is
expected to eliminate Ripple in banking and finance application. It can carry out functions faster
than blockchain, and takes only a second for hundreds of thousands of transactions. These
factors are expected to provide major growth opportunity to decentralized applications
including games, stock market, and auctions.
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Most applications that require thousands of transactions per second require community
agreement on the order of transactions in near real time. For example, Google Apps for Work
includes docs, sheets, and slides that can be offered without requiring users to trust Google, or
a distributed eBay that does not require a server to enforce the auction rules, to improve system
security. This feature is attributed to fuel the growth opportunity of global hashgraph market.