HBAR Foundation Launches The Privacy Market Development Fund

The Hedera team announced via Twitter on Thursday that HBAR Foundation, an entity dedicated to growing the Hedera ecosystem, has partnered with technology firm Acoer to launch the Privacy Market Development Fund. The fund is designed to cater to developers, startups, and organizations building privacy-preserving solutions on the Hedera Network. 

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 $0.1945 at press time, down by less than 3% over the last 24 hours.