Now that cryptocurrency and other related financial technologies have hit the mainstream, most people have heard of blockchains and may even have a working idea of what they do. But the world of tech evolves at breakneck speed, and a system like Hashgraph may also soon become part of the public lexicon.

Blockchain and Hashgraph both fall under the umbrella of distributed ledger technologies, or technologies that allow their respective participants in the network to propose, validate, and update records of transactions in a fully synchronized way. Both are also being explored for their potential role in decentralized finance, where power over a transaction is shared equally among participants in the network and not exclusively held by one privileged party or intermediary.…