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Today were going to show you an example of how a business might use Hederas Consensus Service, HCS for short, and to be clear this is not a packaged application that you would buy and deploy. It is simply an example that outlines the components one might use with Hedera Consensus Service. Todays demonstration is driven by a fully pluggable application scaffolding SDK extension components that will ultimately support several sample use cases and on top of this scaffold we have created a very simple application network, or appnet for short, for payment settlement and audit. There are three layers everybody should consider when seeking to exploit the Hedera network. The first is the mainnet. In September of 2019 the Hedera network was made open to the world, open access and from this state anyone anywhere has been able to build on the mainnet, a global trusted public network with the highest known level of security, Asynchronous Byzantine Fault Tolerance, or ABFT for short, attack res
