The Hedera network, the most used, sustainable, enterprise-grade public ledger for the decentralized economy, has been named to the Constellation ShortList™ for Blockchain Services in Q3 2022. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopters and fast-follower organizations.
Hedera offers a range of different DLT services that are used by organizations of all sizes – from start-ups to Fortune 50 companies. Among the services provided by Hedera are the Hedera Token Service (HTS) which enables the configuration, management, and transfer of native fungible and non-fungible tokens on the public Hedera network. The HTS offers high-throughput, low fees, and compliance configurations. Additionally, the Hedera Consensus Service (HCS) is a purpose-built tool for creating decentralized, auditable logs of immutable and timestamped events for Web2 and Web3 applications. Hedera’s services have been utilized by companies including ServiceNow, DLA Piper, IBM, Standard Bank, Avery Dennison, and The Chopra Foundation.
“Organizations must reconsider how they balance business models, work/life priorities, and new market conditions during the uncertain climate of the Great Refactoring,” said R “Ray” Wang, chairman and founder at Constellation Research. “Constellation’s ShortLists reflect the top vendors that matter most to our network of buy-side clients. We publish ShortLists to expedite the decision-making process for leaders making critical vendor selections, so they can find the right partners to enable their business success.”
Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions.
For more information, visit www.hedera.com.
We look forward to hearing more from the Hedera team at Africa Money and DeFi Summit later this month
The Africa Money & DeFi Summit will connect African fintech, payments & crypto leaders, global platforms and thought leaders on the new opportunities in Decentralized Finance (DeFi) in Accra Ghana on September 27th & 28th 2022. An array of keynotes, panels and breakout sessions will deliver key insights and offer opportunities to connect, network and do business across the African fintech and DeFi landscapes. Register today