Coro Global Inc. announced it has become the first company to formally license Hashgraph’s distributed ledger technology (DLT) to run its payment app CORO, which allows customers to easily exchange, send and save gold as well as U.S. dollars. Hashgraph is an advanced form of distributed ledger technology that became publicly available in 2019, and has quickly gained a reputation as a faster and much more secure alternative to blockchain technology. Hashgraph can reach speeds of up to 500,000 transactions per second, far greater than that of the major credit card companies, while its asynchronous Byzantine Fault Tolerance (aBFT) consensus algorithm makes it extremely resistant to cyber attacks. Unlike blockchain, Hashgraph does not use miners to validate transactions, and uses directed acyclic graphs for time-sequencing transactions without bundling them into blocks.