Monday, December 23, 2024
HomeTechnologyThe "Swiss Hashgraph Association" announces "Hashgraph Innovation Program"

The “Swiss Hashgraph Association” announces “Hashgraph Innovation Program”

Hedera Hashgraph has formed a strategic partnership with the Swiss Digital Assets Institute (SDAI), a professional training and education firm, to provide a custom-designed worldwide “Hashgraph Innovation Program” from Switzerland. Hedera has set aside $16.3 million in hbar grant funds for the newly formed, non-profit Swiss Hashgraph Association’s ramp-up phase of its Hashgraph Innovation Program, which will be delivered by SDAI. This training and innovation programme aims to enable innovative startups, enterprises, and government institutions worldwide to design and create enterprise-grade solutions and decentralised applications on the Hedera network.

The Hedera network is owned and controlled by the Hedera Council, a group of the world’s major organisations in charge of governing the network, running nodes, and dispersing the network’s hbar treasury. Last year, the Council authorised the distribution of 10.7 billion hbars (20% of total supply), valued at $5 billion at the time, to further expand the Hedera ecosystem.

The Hashgraph Innovation Program is designed to be provided over five years and in three parts. Participants in the programme who qualify and obtain funding from the Swiss Hashgraph Association will go through three development stages: 

  1. Learn and Discover 
  2. Visualize & Design
  3. Develop & Deploy 

The Swiss Hashgraph Association needs to prioritize digital business enablement and the preservation of decentralised technology structures for the global community through the adoption of cutting-edge distributed ledger technologies (DLT), including funding, training and innovation for the benefit of digital.

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Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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