Hedera Hashgraph Crypto Price Directly Passes ATH After Collaboration With Madras Institute Of Technology

JAKARTA – The price of the Hedera Hashgraph (HBAR) cryptocurrency experienced a significant increase and managed to record its latest all-time high price (ATH) at IDR 6,485 today, September 14, 2021, as reported by data from CoinGecko.

According to InvestingCube, cryptocurrency HBAR rose after adding Hedera to the governing board platform. The HBAR developers revealed that India's Madras Institute of Technology has joined the governing council. The collaboration aims to advance technical education, research, and innovation offerings in Distributed Ledger Technology (DLT).

“We have identified great potential in the Hedera Hashgraph, which is already the most widely used, and sustainable public ledger on the market today, and we look forward to leveraging the Hedera Consensus and Token Service to study new, potentially groundbreaking use cases.” Madras Institute of Technology India, Prof. Prabhu Rajagopal.

The University joins a number of other companies that are part of Hedera's governing board which includes IBM, Avery Dennison, LG, Google, and Nomura. The news came after HBAR released the Hashgraph Partner Program one week ago. The program has partner levels, namely system, technology, and enterprise.

In addition, the increase in HBAR was caused by investors who believed that Hedera Hashgraph had a bright future. To date a number of companies such as agryo, adsDaX, and AllianceBlock have built enterprise applications on top of a decentralized ledger network.

Therefore, the demand for HBAR is also increasing. In addition, HBAR also has a network that can protect them from cybercriminals. As of this writing, the HBAR crypto price is at Rp6,403, a decline of around 1.3 percent from its all-time high.