The Hashgraph Association has launched an enterprise program, setting aside up to $22.5 million to accelerate projects using the public Hedera DLT network for enterprise projects. Hedera has a Governing Council populated by 28 major organizations, including Boeing, Google, IBM and Nomura. In other news, a recent hack raised questions about Hedera’s decentralization.
The Association was funded by grants of Hedera’s HBAR tokens and it operates as a non-profit. In 2021 the Hedera Governing Council set aside 10.7 billion HBAR worth more than $700 million today, with the bulk going to the separate Hashgraph Foundation.
The Hashgraph Enterprise Program aims to support 40 projects a year that will receive up to $500,000 equivalent in HBAR tokens. Projects which have co-funding lined up will get preference.
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