The Hedera team announced via X on Thursday that Hedera is now part of the Web3 Harbour ecosystem. Web3 Harbour is a Hong Kong-based non-profit dedicated to supporting the development of the web3 economy through community & enterprise engagement. Hedera is joining Web3 Harbour as a founding protocol in collaboration with The Hashgraph Association.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.1302 at press time, up by 1% over the last 24 hours.