Module
4
|
29
mins

Introduction to Hedera

Professor

Prof. Paolo Tasca

The module is taught by Prof. Paolo Tasca, digital economist, Co-founder and Executive Chairman of Exponential Science and experienced blockchain entrepreneur and advisor to global institutions, including the United Nations and central banks.

Professor

Prof. Nikhil Vadgama

This module is taught by Prof. Nikhil Vadgama, Programme Director of the MSc Financial Technology at UCL and Director of Exponential Science, with extensive experience in fintech and collaborating with governments, industry, and central banks worldwide.

What you’ll learn

  1. What is Hedera?
  2. Hashgraph vs. Blockchain
  3. Hedera’s Core Advantages: Speed, Fairness, Security, Sustainability
  4. Governance & the Hedera Council
  5. The Hedera Ecosystem: Startups, Enterprises, NGOs
  6. HBAR Utility & Token Economics
  7. HTS, Smart Contracts, HCS, File Service
  8. Token, Smart Contract, Consensus & File Services
  9. Hedera Account System & Aliases
  10. Developer Playground & Tools

Key takeaways:

  • Hedera uses Hashgraph consensus for fast, fair and secure transaction ordering.
  • Hedera achieves high throughput and low fees without relying on energy-intensive mining.
  • The network is governed by the Hedera Council of global enterprises, ensuring decentralisation.
  • HBAR coin powers transactions, staking and network security.
  • Core services include tokenisation, smart contracts, file storage and consensus messaging.
  • Accounts can be linked to aliases, making transfers and identity management easier.
  • Developers can build dApps using familiar EVM-compatible tools.
  • Hedera’s real-world use cases span finance, supply chains, sustainability and digital identity.
Published:
12 Aug 2024
Created:
13 Aug 2025
Edited:
12 Aug 2024

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