Beem is a versatile Australian digital wallet owned by Digital Wallet Pty Ltd and now part of Australian Payments Plus, a member of the Hedera Governing Council and the collective that also includes BPAY Group, eftpos and NPP Australia.
It enables Australians to pay, request, transfer and split money instantly by using familiar contact names instead of BSB and account numbers. The app also supports BPAY for bill payments and offers features such as rewards and cashback through Beem Rewards and Cashrewards, loyalty and gift card storage, animated stickers and group expense management.
Eftpos acquired Beem in 2020 to expand into digital wallet services and leverage its payments infrastructure for faster growth. Since then it has been downloaded more than 1.4 million times and has facilitated over US 1 billion in transactions. Australian Payments Plus operates a Hedera network node in Australia and has trialled the Hedera Consensus Service and an Australian dollar based stablecoin to enable secure and low cost micropayments, providing a potential foundation for future Beem innovations.
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NFT Grade is a service that provides a standardized, objective grading system for non-fungible tokens (NFTs), aiming to bring greater transparency and trust to the digital collectibles market. The company's mission is to create a reliable method for assessing the value and rarity of NFTs, similar to how physical collectibles like trading cards are professionally graded.
The core of NFT Grade's service is its proprietary algorithm, which analyzes the metadata of an NFT to determine its rarity and overall grade. This process takes into account various factors, including the individual traits of the NFT and their prevalence within the entire collection. The platform provides a detailed "Grade Card" for each assessed NFT, which includes an overall score, a breakdown of its trait rarities, and a unique serial number. This allows collectors and investors to make more informed decisions by providing a clear and objective measure of an NFT's value.
NFT Grade utilizes Hedera's high-throughput and low-cost infrastructure to create a secure and transparent record of its grading process. Each Grade Card is minted as an NFT on the Hedera Token Service (HTS), creating an immutable and auditable record of the grade.
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PowerSynch is a digital platform developed by American PowerNet, the first independent company to be granted a power marketer license by the Federal Energy Regulatory Commission (FERC). It specializes in providing direct access to wholesale electricity markets for commercial and industrial clients.
The PowerSynch platform functions as a marketplace for sustainable energy, connecting large-scale buyers directly with renewable energy generators. Its primary service is to facilitate transparent and efficient online transactions for wholesale power, bundled with Renewable Energy Credits (RECs). The platform enables buyers to competitively bid for wholesale blocks of power, offering flexible, short-duration Power Purchase Agreements (PPAs). For sellers, PowerSynch provides a streamlined process to offer their renewable energy to a larger market with the assurance of payment upon delivery. The platform manages the physical delivery of power and provides audit-ready data for environmental reporting.
PowerSynch leverages the Hedera network to ensure the transparency and verifiability of its transactions. The use of Hedera is intended to increase trust in the renewable energy market, prevent double-counting of RECs, and provide a secure, auditable trail for all transactions.
Logstash is an open-source, server-side data processing pipeline from Elastic NV. It ingests data from multiple sources simultaneously, transforms it, and then sends it to a chosen destination. It is a core component of the Elastic Stack, often used for centralizing and processing logs, metrics, and other event data.
In the context of the Hedera blockchain network, Logstash can be integrated using tools such as the logstash-output-hedera plugin. This specific Java Output Plugin is designed for the Hedera Consensus Service (HCS). It enables Logstash to send processed events or logs directly to an HCS topic. Users configure the plugin by specifying details including their HCS topic ID, an operator account ID, and the associated private key for that operator account. An optional submit key used for topic creation can also be provided, along with the target Hedera network, which can be "mainnet" or "testnet".
By using this plugin, applications can leverage Logstash's data collection and transformation capabilities to then record events onto the Hedera public ledger via HCS. This creates an immutable, verifiable, and timestamped log of the data, enhancing transparency and auditability for any system employing this integration.