It all started with a vision - a vision of how the internet should and could work, which required technology that simply did not exist. That vision is now being realized, but our story has only just begun.
Integrity - We are truthful, trustworthy, and positive
Ethics - We do the right thing
Service - We make the world a better place
Excellence - We strive for the best in what we create and in what we do
Team Work - We take care of each other and work together to change the world
We are dedicated to building a trusted and secure online world that empowers you.
Where you can work, play, buy, sell, create and engage socially.
Where you have safety and privacy in your digital communities.
Where you are confident when interacting with others.
Where this digital future is available to all.
Hello future.
Dr. Baird develops the breakthrough innovation now called hashgraph, and knew it had the potential to be revolutionary. A few months later, Dr. Baird and his longtime friend and business partner, Mance Harmon, form Swirlds, Inc. (a portmanteau of “shared worlds”) to develop proofs of concept, commercialize hashgraph for private implementations, and battle-test it in permissioned environments. Their larger and longer-term vision is to use hashgraph to enable a truly decentralized, fast, fair, and secure public distributed ledger that could achieve mainstream adoption and serve as the “trust layer of the internet. ”Their focus is on proving the benefit and value of the hashgraph data structure and consensus algorithm for enterprise use. The Hashgraph whitepaper is published on May 31, 2016, and hashgraph is selected over more established solutions for use in private network pilots. The time comes to turn focus on creating a public distributed ledger powered by hashgraph.
Dr. Baird and Mance begin to grow the project. Over the summer, they meet Andrew Masanto, Founding CMO, who helps bootstrap the company by providing key early contributions and introducing Dr. Baird and Mance to a number of Hedera’s initial team members. Founding Team is brought onboard, including executives Jordan Fried (former SVP, Business Development) who joins in August 2017 to lead Hedera’s global business development and Council recruitment and Natalie Grunfeld Furman (General Counsel), who joins in September 2017 to develop Hedera’s legal and regulatory strategy. Initial business strategy meeting with potential advisors and investors held is in NYC. Hashgraph Consortium, LLC is created as a Delaware limited liability company. Hashgraph technology is displayed publicly to the world for the first time at TechCrunch Disrupt in San Francisco, CA. First Letters of Intent are signed by potential Council members.
The first Hedera Council members (Deutsche Telekom, DLA Piper, Magazine Luiza, Nomura Holdings, Inc., and Swisscom Blockchain) are announced, and the first Governing Council meeting happens in Seoul, Korea, alongside the first Hedera Annual Assembly, hosted in Seoul.
Boeing, FIS (Worldpay), IBM, and Tata Communications are announced as Hedera Council members. Hedera's Mirror Node software enters alpha on August 29, 2019. Mirror nodes provide a way to store and cost-effectively query historical data from the public ledger, while minimizing the use of Hedera network resources. The Hedera mainnet (beta) is made openly accessible on September 16, 2019. Anyone can build and deploy their applications on the Hedera mainnet and create accounts for themselves and/or end users of their applications.
Google and Wipro are announced as Hedera Council members. Hedera Consensus Service (HCS) is launched on the mainnet on February 13, 2020. HCS affords developers a unique opportunity to create verifiable timestamps and ordering of events for any application. Hedera.com goes live.
Avery Dennison, University College London (UCL), LG Electronics, and Zain Group are announced as Hedera Council members. Hedera20, Hedera's first virtual hackathon, occurs, showcasing the development of high-throughput, low-cost apps. Hedera surpasses Ethereum in the daily number of transactions processed.
Hedera's Mirror Node software enters beta on July 7, 2020. Mirror nodes provide a way to store and cost-effectively query historical data from the public ledger, while minimizing the use of Hedera network resources. Hedera previewnet goes live on July 23, 2020. The previewnet provides early access to Hedera codebase features and functionality, prior to their release on the Hedera testnet and mainnet. All of the Hedera network services, including HCS, enter open source under Apache 2.0 license on August 6, 2020.Hedera's State Proof software enters alpha on September 17, 2020. Hedera's State Proofs enable users to obtain a cryptographic proof that a particular transaction took place on Hedera, and what the results of executing it were.
Dentons is announced as a Hedera Council member. The code for the hashgraph platform enters open review on October 9, 2020. The platform code includes the gossip and consensus protocol code, and the various libraries that are used by the services code. Hedera Token Service (HTS) is launched on the previewnet on October 22, 2020. HTS offers the ability to issue and configure tokens on Hedera, taking full advantage of Hedera's native performance, security, stability, and governance. HTS is launched on the testnet and the Tokenization on Hedera whitepaper is published on December 7, 2020.
eftpos, Standard Bank Group, and Électricité de France (EDF) are announced as Hedera Council members. Hedera21 occurs, which is a hackathon dedicated to tokenization applications that take full advantage of the HTS. HTS is launched on the mainnet on February 9, 2021 with over 60 initial ecosystem partners. HTS enables the configuration, management, and transfer of native fungible and non-fungible tokens (NFTs) on the public Hedera network.
Shinhan Bank and Chainlink Labs are announced as Hedera Council members. Hedera reaches one billion (1,000,000,000) mainnet transactions in just one year, six months, and 28 days. The Hedera Public Mirror Node, a publicly accessible, free-to-use, mainnet Mirror Node operated by the Hedera team, becomes available on June 25, 2021. Mirror nodes provide a way to store and cost-effectively query historical data from the public ledger, while minimizing the use of Hedera network resources.
The London School of Economics and Political Science (LSE) and the Indian Institute of Technology Madras (IITM) are announced as Hedera Council members. Hedera adopts environmental sustainability as a core value and officially commits to a carbon-negative network. The Hedera Council allocates 10.7 billion hbars ($5,000,000,000) to the newly established independent HBAR Foundation. The HBAR Foundation will provide grants to developers, startups, and other organizations to accelerate the development and adoption of the Hedera network for a wide variety of applications. A charity NFT auction is conducted on September 21, 2021 on the Hedera network to demonstrate how projects can build high-performance, secure, and sustainable applications with the HTS.
DBS Bank and ServiceNow are announced as Hedera Council members.
The Hedera Council votes to purchase and open source the intellectual property rights to the hashgraph consensus algorithm, further accelerating its development and expanding the number of contributors. Hedera Smart Contract Service (HSCS) 2.0 is launched on the testnet on January 2, 2022. HSCS is open-source, EVM (Ethereum Virtual Machine)-compatible, integrated with Solidity, and carbon-negative, while natively supporting Hedera tokens and NFTs with the HTS.HSCS is launched on the mainnet on February 2, 2022.Ubisoft is announced as a Hedera Council member.
Hedera Council further decentralizes the Hedera network with the transition of the product development and management teams, including Dr. Leemon Baird and Mance Harmon, from Hedera to Swirlds Labs (now known as Hashgraph) with the mission to accelerate building the future on Hedera.
The hashgraph platform, including the hashgraph consensus algorithm, enters open source under Apache 2.0 license on August 5, 2022, making the entire Hedera network, including the services code and developer tools, open source. Native staking is introduced on Hedera, enabling the ecosystem to develop tooling and stakers to earn rewards. abrdn is announced as a Hedera Council member.
Dell Technologies and COFRA Holding are announced as Hedera Council members.
Shinhan Bank, SCB TechX Successfully Pilot Stablecoin Remittances on the Hedera Network. Stablecoin Studio, an open source SDK, now available on the Hedera network, enabling any organization to easily build stablecoin applications. Charles Adkins Appointed as President of the Hedera Council.
Hedera Wallet Snap goes live, connecting the Hedera network with MetaMask’s 30 million monthly active users. Hitachi America, Mondelēz International, and BitGo are announced as Hedera Council members.
Hedera donates entire codebase to Linux Foundation Decentralized Trust, marking the first time a public chain has donated its code to an independent foundation. Hedera launches Asset Tokenization Studio, an open-source toolkit for the configuration, issuance, and management of tokenized bonds and equities on-chain. The Hello Future Hackathon 2024 awarded over $350,000 USD in prizes across across AI, DeFi, and real-world asset tokenization for innovative, ground-breaking solutions built using hashgraph.
Help build the decentralized future