On March 31, Hashgraph, a company supporting the development of the cryptocurrency Hedera (HBAR), announced the launch of a private permissioned network called HashSphere.

Hashgraph explained that the beta version was available at the time of the announcement, and according to The Block, the plan is to launch the final version in the third quarter of 2025 (July to September). Utilizing Hedera blockchain technology, the network offers options tailored to the needs and business stage of companies.

HashSphere was developed primarily for companies that comply with regulations. Utilizing Hedera blockchain technology, such as scalability and security,...