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Hedera Hashgraph (HBAR) is a decentralized public network that aims to provide a fast, secure, and fair platform for distributed applications (dApps). Unlike traditional blockchain systems, Hedera Hashgraph utilizes a novel consensus algorithm called Directed Acyclic Graph (DAG) to achieve consensus among network participants. The HBAR token serves as the native cryptocurrency of the Hedera network. Its primary utilities include transaction fees, spam prevention, and allocating network resources. Hedera Hashgraph aims to offer businesses a highly scalable and cost-effective platform for building and deploying dApps, catering to various industries such as finance, healthcare, and supply chain management."

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