Blockchain for Energy (B4E) is a non-profit, member-led consortium dedicated to driving digital transformation within the energy sector. Comprising major energy companies including Chevron, ExxonMobil, and Repsol, B4E was established to collaboratively develop and implement blockchain-based solutions that can enhance efficiency, reduce costs, and increase transparency across the industry.

The consortium's flagship product is the B4ECarbon platform, an advanced digital measurement, reporting, and verification (dMRV) solution. This platform integrates AI and IoT with distributed ledger technology to provide a secure and auditable system for managing emissions data. It enables energy operators to track, report, and verify their environmental performance in near real-time, helping to prevent greenwashing and ensure compliance with global standards. The B4E Network & Platform, built on Hyperledger FireFly, serves as the foundational layer connecting all of the consortium's solutions in a decentralised environment governed by its members.

The B4ECarbon platform is built on the Hedera public network, and has been a member of the Hedera Governing Council since June 2025.

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Shinhan Bank

Shinhan Bank is one of South Korea's largest and oldest commercial banks, with a history dating back to 1897. It offers a comprehensive range of financial services, including personal and corporate banking, foreign exchange, wealth management, and investment banking with a focus on digital innovation. It is a member of the Hedera Governing Council.

Its parent company is the Shinhan Financial Group, a major financial holding company in Korea with a significant domestic market share and an expanding international presence across Asia, Europe, and North America.

Shinhan Bank offers a blockchain-based loan management platform through a partnership with the Small Business Market Promotion Corporation (SEMAS). It has also launched a blockchain credentialing system for verifying loan documents and an integrated blockchain-based Decentralized ID (DID) for its mobile banking app, SOL.   

Additionally, Shinhan Bank previously partnered with Standard Bank to develop a cross-border remittance system using stablecoins built on the Hedera distributed blockchain network. This enables the issuance and trading of stablecoins pegged to national currencies such as the South Korean won and South African rand utilizing Hedera's Token Service (HTS) and Consensus Service (HCS). 

bountyblok

Bountyblok is a versatile gamification platform that provides businesses with a suite of tools to drive user engagement, loyalty, and specific marketing outcomes. Operating as a Software-as-a-Service (SaaS) solution, Bountyblok enables companies to easily integrate gaming mechanics into their existing websites, applications, and communities. The platform allows for the creation of interactive campaigns such as challenges, tasks, leaderboards, and promotional contests, which incentivize user participation and foster a sense of competition and achievement.

While a powerful tool for traditional Web2 engagement, Bountyblok also serves as a bridge to Web3 by offering optional blockchain integration. The platform is chain-agnostic but has a notable integration with the Hedera network. This allows businesses using Bountyblok to reward their users with digital assets in addition to standard points or badges. For example, a user completing a series of challenges could be awarded a commemorative NFT or branded loyalty tokens minted directly on the Hedera network.

eClosing and eVaulting (ProvenDB)

OneSpan is a Web3 platform that offers a dedicated eClosing solution designed to digitize and secure the entire lifecycle of high-value digital agreements, particularly in the mortgage and lending industries. The platform streamlines the closing process by enabling remote online notarization (RON), electronic signatures, and identity verification, all within a secure and compliant digital environment. A central component of this solution is the OneSpan eVault, a specialized repository for managing the authoritative copy of critical digital documents, such as promissory notes (eNotes).

To provide an unparalleled level of trust and auditability, OneSpan has integrated its platform with ProvenDB, a data integrity service built on the Hedera network. When a document is signed or a key milestone is reached in the eClosing process, a cryptographic fingerprint (hash) of the agreement is anchored to the Hedera public ledger. This action, facilitated by ProvenDB, creates a permanent and immutable timestamped record on the Hedera Consensus Service (HCS).