Hedera Hashgraph is a public network based on distributed ledger technology (DLT), developed for businesses and companies as a platform for decentralized services and applications. Hedera positions itself as a third–generation public network, the next stage in the development of bitcoin and Ethereum. The strengths of the project include high scalability, security, smart contracts, energy efficiency and low usage fees.

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Check out Dr. Leemon Baird's new podcast episode on the End of the Chain with Samuel McCulloch where he discusses his past service in the United States Air Force and how it led him to create the #hashgraph protocol: 
https://endofthechain.com/leemon-baird-hashgraph/