Watch out, blockchain: there’s a new kid in town called Hashgraph.

=> Is Hashgraph Technology Just Hype, or Can It Dethrone Blockchain?

Mance Harmon, the CEO of Swirlds, the company that created the Hashgraph-distributed consensus platform, told TheStreet that Hashgraph is a next-generation distributed consensus technology.

“It is not a blockchain, but instead is a simple, elegant algorithm, mathematically proven to achieve consensus, and implemented in software,” he said. “It is the only ‘bank-grade‘ consensus technology available in the market today.

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