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.
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Noviqtech is technology firm focused on carbon accounting and supply chain transparency. The company's product offerings include “Carbon Central” and “Noviq AI.” Carbon Central is focused on managing and centralizing carbon-related data and accounting processes for businesses. Similarly, Noviq AI offers exceptional end-to-end transparency and confirmation of product authenticity and processes throughout the entire value chain through the use of artificial intelligence within the firm's service portfolio, thus enhancing data processing, analytics, and decision-making capabilities for core services.
Its platform relies on three key service pillars. The first pillar, “guarantee of origin,” seeks to prove the origin of green resource production in order to highlight sustainability by tracking and tokenizing green hydrogen, sustainable aviation fuel, biodiesel, biochar, and related assets while aligning with industry standards and methodologies. The second, “carbon reporting,” allows users to measure, manage, and tokenise project assets and to effortlessly report and track carbon reduction and avoidance. This allows users unlock revenue opportunities through carbon tokenisation. The third pillar, “supply chain traceability,” allows users to track products throughout their lifecycle, ensuring authenticity and building client trust by highlighting supply chain transparency and demonstrating sustainable and ethical practices.
Inara World is a publishing platform that is working to create a new, tokenized economy for ebooks. Its focus is on solving the revenue and engagement challenges that authors face in the traditional publishing market.
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Through a partnership with hashport, a public utility that facilitates the movement of digital assets between networks, the OM token is now integrated with the Hedera network. This allows for faster, more secure, and lower-cost transactions for OM holders. This integration also opened the door for HeliSwap, a decentralized exchange (DEX) on Hedera, to offer trading pairs with the OM token, further expanding the DeFi possibilities within the Hed-era ecosystem.
ServiceNow is an American software company, founded in 2003, that provides a cloud-based platform for automating and managing business workflows. Headquartered in Santa Clara, California, ServiceNow’s core offering is the the Now Platform, an intelligent and intuitive cloud platform that automates workflows across IT, employee, and customer service departments.
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