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Here Are Two Use Cases for Hedera Hashgraph (HBAR), According to Its Co-Founder Mance Harmon

The co-founder of a number one Ethereum (ETH) rival is making the case for his blockchain because the crypto bear market continues.

In a brand new interview with The Wolf of All Streets, Hedera Hashgraph (HBAR) co-founder Mance Harmon lays out two use instances for the layer-1 blockchain, beginning with legislation agency DLA Piper’s TOKO, a platform aiming to make elevating capital extra environment friendly.

“The earliest use case was from DLA Piper, a worldwide legislation agency, and so they created a platform that they name TOKO which is a tokenization platform, usually talking. They initially had in thoughts the tokenization of economic actual property property. The worth prop that they carry is, when it comes to tokenization, the know-how isn’t the exhausting half.

The exhausting half is navigating the authorized and regulatory frameworks cross-jurisdiction on a worldwide foundation. And that’s what they do. So they introduced that. They had been primary… They don’t have the excessive quantity, the excessive throughput that we had been actually wanting for in a use case to display the true worth prop of Hedera.”

Harmon then explains {that a} new mission is demonstrating the true worth proposition of the Hedera community, citing packaging supplies firm Avery Denison and its atma.io platform.

“Avery Dennison, another global company, has a platform that they call atma.io. This is a product cloud platform. They help companies that are manufacturing some kind of product, whether it be apparel or retail or food or healthcare, they provide a platform… that tracks tokens through the whole supply chain through distributors to retailers to consumers.”

HBAR is buying and selling for $0.0595 at time of writing.

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Featured Image: Shutterstock/Mia Stendal

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