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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Hsuite is a comprehensive platform offering tools and services designed to enhance interaction and development on the Hedera network. It provides a unified user experience for individuals, developers, and businesses engaging with Hedera's distributed ledger technology (DLT).
The services include secure HBAR and HTS token management through integrated wallet functionalities, tools for the creation and administration of HTS tokens, and interfaces for deploying and interacting with Hedera Smart Contracts. Hsuite also provides non-fungible token (NFT) management, including minting and trading capabilities, alongside integrations for decentralized identity (DID) applications. For businesses, it offers payment gateway solutions to facilitate transactions using Hedera-based assets.
Hsuite’s streamlined common operations provide an entry for new users as well as robust resources for developers building applications on Hedera. Its flagship feature, Smart-Nodes, are highly customizable programs deployed inside virtual images which can be hosted and decentralized through cloud computing environments such as Google cloud and Amazon Web Services.
SCB TechX is a subsidiary of SCBX Group, the parent company of Thailand’s first bank, the Siam Commercial Bank (SCB). Its focus is on the development of digital technology solutions, applications, and platform-as-a-service offerings.
The company provides a range of services, including technology consulting, integrated solution development, and technology infrastructure and digital platforms management. With key applications and services including data analytics and AI solutions such as its TechX Data Platform for enterprises.
SCB TechX also specializes in cybersecurity, digital identity verification know your customer services (eKYC), and the development of enterprise-level apps and mobile banking solutions.
The firm leverages blockchain technology for cross-border payment initiatives and central bank digital currency (CBDC) research and the exploration of stablecoin use cases for cross-border remittances using Distributed Ledger Technology (DLT) on the Hedera network in order to streamline international remittances, reduce costs, and provide massive improvements to transparency and settlement speed compared to traditional finance (TradFI) methods.
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.
Bonzo Finance is an open-source, non-custodial lending and borrowing protocol built on the Hedera network. It is a fork of the popular Aave v2 protocol and is designed to serve as "The Liquidity Layer" for the Hedera DeFi ecosystem.
The core of Bonzo Finance's service is its decentralized platform that allows users to lend and borrow a variety of cryptocurrencies, with a focus on HBAR, native USDC, and other Hedera ecosystem assets. Users supply crypto to the protocol to earn interest, provide liquidity, and as collateral for loans.
Bonzo Finance also offers "flash loans," which are uncollateralized loans that must be repaid within a single transaction. It has its own governance token, $BONZO.
Bonzo Finance is built on the Hedera Smart Contract Service, and it is designed to be fully compatible with the Hedera Token Service (HTS). It also utilizes the Hedera Consensus Service (HCS) for its verifiable points and rewards program.