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.

‍

Team members
We currently don't have any public team members for
BankSocial
Related Articles
We currently don't have any published resources on
BankSocial
Related Projects
Earth ID

EarthID is a UK-based company founded in 2018 that has developed a decentralised identity and verifiable credentials platform. The company's mission is to combat identity fraud, enhance data privacy, and build customer trust in an increasingly digital world.

‍

The core of EarthID's service is a platform that enables organizations to issue and verify digital credentials in a secure and frictionless manner. This includes solutions for Digital KYC, which streamlines customer onboarding, and passwordless authentication, which enhances security by removing the need for traditional passwords. The platform is designed to be compliant with global data regulations including GDPR. 

‍

EarthID's platform is built on the Hedera network and uses the Hedera Consensus Service (HCS) to create an immutable and auditable log of all identity-related transactions, ensuring a high level of trust and transparency. The integration with Hedera is fundamental to EarthID's ability to offer a scalable and secure decentralised identity solution that can be used by organizations and individuals around the world.

‍

Joget

Joget is an open-source no-code/low-code application development platform designed to empower users, from citizen developers to professional programmers, to build, integrate, and orchestrate enterprise-grade applications and automate workflows with minimal coding. The platform focuses on accelerating digital transformation by simplifying application development and enabling faster delivery of solutions across various industries.

‍

A key aspect of Joget's offering is its specific support for blockchain and digital ledger technology (DLT) applications through its integration with the Hedera blockchain network. This is facilitated by the Hashgraph Application Studio, a version of Joget tailored for the Hedera ecosystem, and the Hedera Ledger Pack plugin. These tools enable users to visually design and deploy decentralized applications (dApps) on Hedera, simplifying interactions with Hedera services like the Hedera Consensus Service (HCS) and Hedera Token Service (HTS) for tasks such as account creation, asset transfer, and token management, directly from within the Joget environment. 

‍

Beyond its blockchain capabilities, Joget provides visual drag-and-drop interfaces for UI and process design, AI-powered development features, pre-built integrations, and an extensible plugin architecture. This allows organizations to improve time-to-market, achieve cost efficiencies, and enhance operational flexibility for a wide range of enterprise applications.

‍

Maalexi

Maalexi is an AI-powered B2B marketplace for agricultural products dedicated to helping small and medium-sized businesses trade across borders. With offices in the US, UAE, and India, Maalexi is building a global digital ecosystem for the food and agriculture sector.

‍

The company's platform provides a range of services designed to de-risk and streamline international trade. These include an AI-driven sales engine, AI-powered quality inspections, and "SMART Track & TRACe" for real-time shipment monitoring. Maalexi also offers innovative solutions such as "Warehouse Stock & Sell," where they purchase and store goods, and "Procurement at Origin," which allows buyers to acquire products directly from the source. 

‍

Maalexi uses the Hedera Consensus Service to create an immutable and verifiable log of all business transactions and documents. This includes everything from digitally signed legal contracts and invoices to quality and quantity acceptances. By hashing these critical documents and recording them on the Hedera public ledger, Maalexi provides a high degree of security and transparency, which in turn helps to build trust between buyers and sellers.

‍

Vavelverse

Vavelverse is a massively multiplayer online (MMO) game developed by gaming and tech company Vavel Games. It features an intricate multiverse of interconnected virtual worlds and across multiple MMO games. It was built on Vavel Games' proprietary, decentralized game engine which supports massive real-time player-vs-player (PvP) battles, capable of supporting thousands of players simultaneously in a single instance.

‍

At its core, Vavelverse integrates Hedera Hashgraph technology, with support from the HBAR Foundation, to support digital ownership of in-game assets through Non-Fungible Tokens (NFTs). This allows players to own, trade, and manage their virtual items securely.  The in-game economy of Vavelverse is powered by the Venly Market on the Hedera blockchain network.   

‍

The flagship game within the Vavelverse is "Imperium: Galactic War 3.0,” a space-based MMO set in a persistent sandbox universe where player actions directly impact the game's evolving economy. Vavelverse also features “Imperium: Galactic War Classic” and “Imperium: World War 3.”

‍