Hedera (HBAR) Hashgraph Technology Could Surpass Blockchain

The technology landscape is ever-changing, with new innovations hitting the market every day. Two of the latest technologies to enter the scene are Hedera (HBAR) and Collateral Network (COLT), which is notably set for 3500% returns. Both offer advantages that could revolutionize how businesses operate, but they each have their own unique features and advantages.

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Hedera (HBAR)

Hedera (HBAR) is a distributed ledger technology that allows users to securely store, manage and transfer digital assets without relying on a central authority.

Hedera creates a virtual “directed acyclic graph,” or DAG where each node is connected to the network and maintains a copy of the entire ledger. Transactions are processed in the network by consensus algorithms that ensure the integrity of the database.

The main advantage of Hedera (HBAR) over other blockchain technologies is its high-speed transaction processing, secure data storage, and low cost. 

Moreover, Hedera (HBAR) can process transactions up to 10,000 times faster than blockchain technology. It can also handle up to 10,000 transactions per second. On the other hand, Bitcoin can only handle seven and Ethereum 15. For that reason, transactions on Hedera are also much cheaper than on blockchain technology.

With these features, Hedera’s hashgraph could become a serious alternative to blockchain for some decentralized applications. However, the Hedera technology is still new,  and its potential has yet to be fully realized.

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Collateral Network (COLT)

Collateral Network (COLT) is a blockchain crowdlending platform that enables users to leverage their physical assets as collateral for loans. With Collateral Network, users can get loans without selling their property. 

One example would be a small business owner that needs capital to grow her business. She has a piece of art worth $50,000 that she can use as collateral, so she goes to the Collateral Network. COLT creates a fractionalized non-fungible token (fNFT) from her item and stores it on the blockchain. After that, investors can buy fractional NFTs, entitling them to an agreed-upon fixed rate of interest. 

That way, Collateral Network (COLT) allows users to access financings without going through traditional lenders or banks. Moreover, it also enables users to receive loans much faster than with traditional methods. 

Collateral Network also leverages the transparency and immutability of blockchain technology. That way, COLT provides a secure and immutable platform between lenders and borrowers. 

Token holders that are borrowers on the Collateral Network platform can benefit from significant discounts on borrowing fees and interest rates. The more tokens a borrower holds, the lower their interest rate will be. This provides an incentive for users to hold COLT tokens, which helps to support the platform. With its innovative features, Collateral Network could revolutionize the lending industry. 

The project’s native COLT token grants holders benefits like staking bonuses and governance rights, as well as transaction fee discounts. COLT is initially being offered for $0.01 during its presale, but experts expect it to rise as high as $0.35 once this concludes.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

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