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SCB TechX

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.

Calaxy

Calaxy is a decentralized social marketplace designed to empower creators by giving them direct ownership of their communities and monetization tools. It was cofounded by Spencer Dinwiddie, an active NBA player currently with the Dallas Mavericks, and CEO Solo Ceesay. 

The Calaxy platform operates on the Hedera blockchain network with additional support for the Solana blockchain. It enables creators to build personalized mini-applications for users called "Worlds" and has been used by scores of celebrities including NFL superstar Ezekiel Elliot, WWE superstar Mickie James, and pop singer Teyana Taylor. 

The customizable Worlds serve as social hubs enabling direct fan engagement through features including social feeds, exclusive content, video calls, and NFT sales. Creators can set their own prices for experiences and subscriptions, eliminating the need for intermediaries.   

Calaxy integrates a user-friendly wallet supporting fiat currency, cryptocurrencies, and NFTs, Its native token, $CLXY, serves as a gas and governance token for its underlying "Creator's Galaxy" protocol which allows fans to purchase creator-specific tokens that are redeemable for bespoke interactions and unique content.

Hedera Mirror

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Power Synch

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.