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Big companies tapped into hedera's potential back in 2019

Huge Institutions Used $HBAR: A Closer Look at Hedera's 2019/20 Collaborations | Mixed Sentiments Surface

By

David Chen

Apr 24, 2026, 06:32 PM

3 minutes reading time

Major companies collaborating with Hedera, showcasing the use of $HBAR and technology integration in a business setting.

A Blast from the Past

In 2026, discussions resurfaced about major companies engaging with Hedera back in 2019 and 2020, igniting controversy among crypto enthusiasts. People on forums voiced mixed feelings over the current relevance of these partnerships, with many suggesting that the collaborations did little to foster innovation or value.

The State of Companies Involved

Dozens of prominent institutions were involved with Hedera, including notable names like JP Morgan, Google, and IBM. While some members of the Hedera Governing Council are still active, many others have either vanished or achieved little since their initial excitement. As one user put it, "Nothing since 2019, nothing in 2026, nothing in 2027"

  • A comment highlighted patents filed by companies such as Alibaba, Motorola, and others that once championed Hashgraph technology. Unfortunately, skepticism looms as these patents often remain unutilized.

  • Concerning sentiment brewed as others expressed frustrations, saying, "We are just bagholders." This reflects a perceived disconnect between initial hype and ongoing progress.

Reality Check: Lack of Progress

With revenue stalled at approximately $1 million a year, the community is questioning the tangible benefits of these high-profile endorsements. "Press releases donโ€™t count unless theyโ€™re backed by results."

Moreover, the sentiment varies widely:

  • Among supporters, there's a belief that these projects form a foundation for future developments, with some stating, "The governing council structure is a superpower."

  • Conversely, others point to the lack of innovative products or revenue growth as signs of stagnation.

> "This post is a reminder of the caliber of institutions recognizing Hashgraph's superiority," one comment said, illustrating the ongoing debate between optimism and disappointment within the community.

Key Insights from the Discourse

  • โ–ณ Institutions like Google, IBM, and Boeing are backing the network, but results remain elusive.

  • โ–ฝ Multiple comments emphasize stagnation and frustration with current progress.

  • โ€ป "Maximum pessimism in the subreddit is when you want to be accumulating," reflects a perspective that encourages buying during dips.

What Lies Ahead?

The debate on Hedera's past and future continues within crypto circles. As skeptics raise red flags about unrealized potential, supporters highlight inherent strengths in the project. Just how will these dynamics shape the future of Hedera and its role in the crypto market? People seem to be holding their breath.

Future Speculations: What Might Be on the Horizon?

Thereโ€™s a strong likelihood that Hedera will either solidify its role in the crypto market or face further skepticism. Experts estimate around a 60% chance that ongoing innovations will emerge from existing partnerships, as institutions seek to justify their earlier investments. In contrast, a 40% probability suggests that stagnation could lead to dwindling interest and investment, pushing people toward alternative blockchain solutions. The response from major players like Google and IBM will be pivotal; if they renew their commitment with tangible results, it may propel Hedera forward. Conversely, if they disengage, we could see reduced momentum and a more critical outlook from the community.

A Hidden Echo from the Past

This scenario recalls the early days of the internet when numerous tech giants invested heavily in dot-com startups yet struggled to find a viable business model. Many companies became synonymous with smoke and mirrors until a few clever innovators reshaped the industryโ€™s landscape. Similarly, Hedera finds itself at a crossroads. Much like those early ventures, the key to success may lie in recognizing how the initial hype can mask a lack of substance, pushing the community to make wise choices in the face of uncertainty.