HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Tuesday that Realm, a new automated esports platform, is launching in Apex Legends, with over $150,000 in prize money offered in its first season. Realm is built on the Hedera public distributed ledger and leverages the Hedera Consensus Service (HCS) to keep immutable records of events, the team added.
Hedera Hashgraph is 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 $0.0509 at press time, down by more than 7% over the last 24 hours.