Hedera is a major new generation public book built on Hashgraph consensus technology, which offers faster performance and higher efficiency compared to traditional blockchain systems.
This platform supports decentralized applications, allows rapid digital payments and feeds business quality solutions. It is scalable, energy efficient and built with mind safety. These features make it a solid candidate to supply national level systems, including those operated by governments.
Why governments could choose Hedera
Now imagine a world where Hedera becomes the foundation of government blockchain systems. It would not only be a victory for technology, but a massive turning point for the Hbar price and market recognition.
Hedera can treat thousands of transactions per second with an almost instantaneous purpose. This type of speed is ideal for public services such as digital identity systems, national voting platforms, land registers, etc.
Its use of asynchronous byzantine tolerance means that the system remains reliable even when some network participants fail or act unpredictably. Contrary to Blockchains of workHedera works with very low energy consumption, considerably reducing operational costs.
It also creates an immutable and horrible recording of each transaction. This type of integrated audit is exactly what governments need to ensure transparency and confidence in public processes.
Due to these forces, Hedera could provide a stronger and more effective basis for blockchain services nationwide than many current options.
How the adoption of the government could have an impact on the Hedera token
If governments are starting to adopt the Hedera network, the impact on the Hbar Prize could be enormous.
Government requests would require a massive transaction rate, and each of these transactions would use Hbar for the costs. The more use, the higher the token demand.
Governments may also need to keep Hbar in reserves to support the operation of their services and participate in the featured. This could affect power supply and increase rarity over time.
The adoption of the public by governments also obliged investors and institutions to take Hedera more seriously. It would no longer be considered as a simple technological project but as an essential element of the public infrastructure.
When Saudi Arabia announced its own partnership with Hedera, Hbar saw a price of 15% prices. It is only a country and an event. If this type of adoption becomes global, the effects could be much more important.
Of course, it would depend on the magnitude of the adoption, the types of services that move towards Hedera and the management of the token. But there is no doubt that it would put Hedera in a completely different league.
Read also: why the Jasmycoin price (Jasmy) does not pump the media threw
We asked Chatgpt to give us the chance
So, what are the chances that Hedera really fuel all government blockchains by 2030?
Chatgpt gave us two probable scenarios and their ratings.
Scenario 1: Hedera feeds more than 50% of the main infrastructure of government blockchain
Probability: 40%
This could happen if its technology continues to direct and it ensures more strategic partnerships in the coming years.
Scenario 2: Hedera becomes the standard platform for all government blockchain systems worldwide
Probability: 10%
Although possible, this is much less likely due to competition, geopolitical problems and fragmentation in the technological choices of the government.
What would Hedera Price be in these scenarios?
Currently, Hbar is a price of $ 0.17 with a market capitalization of $ 7.3 billion.
If Hedera feeds more than 50% of blockchain government systems worldwide, it is reasonable to project its market capitalization reaching around $ 150 billion. This would put the Hbar price almost $ 3.5 assuming that the token offer remains relatively stable.
If Hedera somehow feeds all the government's blockchains worldwide, we could consider a market capitalization of $ 400 billion or more. This would bring the Hbar price to around $ 9.3. It is an increase of 50 times compared to its position today.
Although it may seem ambitious, even partial adoption could put Hedera in the higher level of blockchain infrastructure projects by 2030. The question is no longer if Hedera can evolve, but if governments are ready to follow.
Follow us X (twitter),, Coinmarketcap And Square For more daily crypto updates.
Read our recent cryptography market updates, our news and our technical analyzes here.
We recommend Etoro
Active user community and social features such as news flows, cats for specific parts available for trading.
Large range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the main traders for free.
Interrupted: the web platform and the Etoro mobile application are user-friendly and easy to navigate.
