BankSocial is a global financial technology firm working to bridge traditional financial (TradFi) systems with emerging digital asset technologies. It utilizes artificial intelligence, machine learning, and distributed ledger technology (DLT), on the Hedera blockchain network.
The company offers a suite of integrated financial products and services designed for both individuals and enterprise financial institutions, with a specific focus on credit unions and their members. Key offerings include a self-custody crypto exchange, know your customer (KYC) user verification solutions, lending services, and the $BSL token, which offers staking with potential stablecoin rewards. Its ecosystem also encompasses a payments hub, fraud management tools, a digital wallet, and custom software and API development.
Its focus on the credit union sector allows it to provide partners with technology bridging TradFIi with Web3 and offers secure self-custody for cryptocurrency holdings and access to a suite of DeFi tools through a user-friendly interface.
The firm holds a Money Services Business (MSB) registration with the US Treasury’s Financial Crimes Enforcement Network (FinCEN) and Canada’s FINTRAC through Fivancial Inc.
BankSocial also developed the Secura platform, in collaboration with Hedera, which focuses on real-time fraud monitoring and asset recovery in the Web3 space.
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The IBM Blockchain Platform was a short-term funding and technology project involving the Hedera blockchain network. While this specific project has evolved into an ongoing enterprise blockchain strategy, IBM remains intrinsically involved with the Hedera network as a member of the Hedera Governing Council.
This position provides IBM with a direct voice and vote in the governance of the Hedera public network, influencing its technical roadmap, policies, and overall strategic direction. As a council member, IBM also contributes to the network's operational integrity by running a consensus node.
This engagement with Hedera allows IBM to participate, offer insights and contribute to advancements which align with its broader interests in advancing enterprise-grade distributed ledger solutions (DLT). This involvement complements IBM's extensive work with permissioned blockchains and strengthens the partnership between Hedera and the broader technology industry while providing a holistic perspective on the evolving blockchain landscape for IBM’s global enterprise clients.
Karate Combat is a unique experience combining professional martial arts with gaming and Web3 technology. It features a full contact karate league with fighters from various karate styles and, occasionally, other striking-based martial arts, compete in a unique, 6.5m x 6.5m "combat pit" with 45-degree angled walls that promote continuous action.
A hallmark of Karate Combat is its innovative use of technology. Fights are streamed globally and feature immersive CGI environments created with the Unreal Engine, offering a visually distinct experience. The league is deeply integrated with Web3 technologies, and leverages the Hedera blockchain network.
This integration includes the $KARATE token, which allows fans to participate in the "Up Only Gaming" system which rewards users for wins without forcing them to wager tokens. Through a dedicated mobile app, fans vote for fighters, potentially increasing the fighters' prize pools, and earn more $KARATE tokens if their chosen fighters win, without losing tokens for incorrect picks.
Karate Combat’s unique combat system features rules emphasizing exciting, striking-based combat, with three-minute rounds and a scoring system that rewards aggression and effectiveness. It’s known for its fast-paced action, powerful knockouts, and unique presentation.
Pangolin is a community-driven, multichain decentralized exchange (DEX) that was initially launched in 2021. As a DEX, Pangolin facilitates the automated, peer-to-peer trading of digital assets through the use of smart contracts, eliminating the need for a central intermediary. The platform is designed to offer a user-friendly experience with fast settlement times and low transaction fees.
Pangolin's core service is providing a platform for token swaps, where users can trade a wide variety of digital assets. In addition to simple swaps, It offers a range of decentralized finance (DeFi) tools, including liquidity pools, yield farming, and staking for its native governance token, PNG.
Originally built on Avalanche, Pangolin has expanded to become a multichain DEX, with deployments on several networks, including a significant integration with Hedera. This integration allows Hedera users to access a robust and established DEX for trading HTS tokens and other digital assets within the Hedera ecosystem.
Mintbar is an open-source, trustless platform designed to simplify the creation of NFTs on the Hedera network. Its core service is a user-friendly, no-code interface for minting individual NFTs or entire collections.
The platform ensures that creators retain full control over their assets by allowing them to define all keys and permissions during the minting process. It adheres to the HIP-412 metadata standard, which guarantees that all NFTs created on mintbar are compatible with major Hedera wallets and marketplaces. The platform also integrates with IPFS via the nft.storage service, ensuring that all media and metadata files are stored in a decentralized and redundant manner at no cost to the user.
mintbar is built exclusively on and for the Hedera network. It utilizes the Hedera Token Service (HTS) for all NFT minting, taking advantage of Hedera's high speed, low, predictable fees, and protocol-enforced royalties. This direct integration with Hedera's native services provides a highly efficient and cost-effective solution for creators.