About Hedera

Hedera is a decentralized public network designed to enable developers to create secure and equitable applications with rapid consensus capabilities. The governance of the platform is managed by a council comprising prominent global entities, which include leaders from various industries such as technology, finance, and telecommunications. This diverse governance structure aims to ensure the network's integrity and reliability while fostering innovation and collaboration among its members. The Hedera Consensus Service (HCS) serves as a foundational trust layer for applications and permissioned networks, facilitating the generation of an immutable and verifiable log of messages. By submitting application messages to the Hedera network, users can obtain a trusted timestamp and achieve fair ordering of their data. This service can be utilized for a range of applications, including tracking assets in supply chains, creating auditable event logs for advertising platforms, and functioning as a decentralized ordering service, thereby enhancing transparency and accountability across various sectors.