BUSAN - Hedera Hashgraph, a distributed ledger technology network, will expand its partnerships with Korean tech players and financial firms by leveraging its fixed low costs and decentralized tracking and verification system, Leemon Baird, its inventor and co-CEO of Swirlds Labs, said in an interview. Hedera is a public cryptocurrency network platform for enterprises to create decentralized applications. Two major Korean firms - LG Electronics and Shinhan Bank - have teamed up with the Texas-headquartered company in their bid to catch up with the rapidly growing blockchain industrial paradigm. Hashgraphs are often considered an alternative to blockchains.
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