#What other companies or organizations are using the hedera blockchain
Hedera Hashgraph, a decentralized, open-source, proof-of-stake public ledger, is supported by a diverse, decentralized council of leading enterprises, universities, and web3 projects from around the world. Some notable companies and organizations using Hedera include Google, IBM, Deutsche Telekom, LG Electronics, Tata Communications, Boeing, DLA Piper, Magalu, Nomura, and Swisscom Blockchain. Hedera utilizes a unique consensus algorithm called Hashgraph, which is considered faster, more secure, and fairer than traditional blockchains. The platform offers various services, including the Hedera Token Service, which allows for the easy creation, management, and control of both fungible and non-fungible tokens on the Hedera blockchain. Hedera is also used for smart contract applications in various industries, such as healthcare, music streaming, supply chain management, and real estate.
