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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Mance Harmon, CEO of Hedera, shares his thoughts with Forbes discussing the pitfalls of centralized servers "...a single organization has full control. Users must trust the controlling organization not to defraud or abuse its users." More here: http://ow.ly/nTnh30mMeVR