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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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.
Gate.io, established in 2013, is one of the first global cryptocurrency exchanges. It is headquartered in the Cayman Islands, serves over 23 million users, and is widely renowned for its extensive selection of digital assets listing over 3,800 cryptocurrencies and tokens.
It offers a comprehensive trading experience which includes spot, margin, and futures trading alongside leveraged exchange-traded funds (ETFs). Beyond active trading, the platform provides numerous ways to earn through "Gate Earn," which features staking, lending, structured products, and auto-investment plans. It also features an initial exchange offering (IEO) launchpad for new projects called "Gate.io Startup."
A key component of its ecosystem is GateToken (GT), its native utility token, which offers users trading fee discounts, VIP tier benefits, and participation in governance and exclusive events. Gate.io has also developed “GateChain,” its own public blockchain focused on asset security and decentralized trading, which is EVM-compatible.
The Gate platform also features a non-fungible token (NFT) marketplace, advanced trading bots, copy trading, and a payments service called “Gate Pay.”
Tamuwa, founded in 2015, is a Kenyan company at the forefront of the renewable energy sector in Africa. Its primary focus is on converting agricultural waste, specifically sugarcane bagasse, into a sustainable and affordable energy source. By producing high-density briquettes and pellets, Tamuwa provides a clean alternative to traditional fuels like firewood and charcoal, addressing issues of deforestation and promoting a circular economy.
The company's core service is the production and distribution of these biomass briquettes, which have a high calorific value and low moisture content, making them an efficient fuel source for industrial and domestic use. Tamuwa has also developed the CYNK platform, a digital end-to-end solution for the measurement, reporting, verification, and trading of high-quality voluntary emissions reductions (VERs). This platform is designed to bring trust and transparency to the carbon offset market, enabling local communities and projects to gain greater financial benefit from their environmental initiatives.
The CYNK platform is built on the Hedera network, leveraging its high-throughput, low-cost, and energy-efficient distributed ledger technology. This integration allows Tamuwa to digitize and tokenize verified emissions reductions, creating a secure and transparent marketplace for carbon credits.
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.