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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Tokens are an exciting new way to manage assets. To date, they've mainly been created through the use of Solidity smart contracts. This 4-part blog series provides an early look at how we can start to achieve similar use cases with Hedera Consensus Service for improved speed and lower costs: 
https://www.hedera.com/blog/exploring-tokenized-assets-on-hedera-consensus-service-part-1