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Power Transition

Power Transition is a UK-based clean technology company founded in 2018. Its focus is on accelerating the global shift to a zero-carbon economy by providing a smart software platform that optimizes and decentralizes energy systems.

The core of Power Transition's service is its Digital Energy Platform, a revolutionary energy resource management system that uses distributed ledger technology (DLT) to enable the tokenization of energy. This platform provides a common language for energy transactions and trading, allowing millions of devices, from electric vehicles to smart home appliances, to become active participants in the energy system. Key services include Smart MicroGrid Services, which enable peer-to-peer energy trading within a community, and Electric Vehicle Integration Services, which provide a single point of billing and data validation for EV fleet operators.

Power Transition's entire platform is built on the Hedera network. It leverages the Hedera Token Service (HTS) and the Hedera Consensus Service (HCS), Power Transition to tokenize and energy use, providing a transparent and auditable record of all transactions.

Accubits

Accubits is a full-service software provider founded in 2012. It specialises in leveraging cutting-edge technologies such as AI and blockchain to help a wide range of clients, from startups to Fortune 500 companies, accelerate their business growth.

Accubits offers a comprehensive suite of services, including AI development, custom software creation, and blockchain solutions. The company has a proven track record of delivering enterprise-grade applications, such as AI-powered conversational tools, data analytics systems, and blockchain-based platforms for supply chain management and digital identity.

The company is an official technology partner and systems integrator for Hedera and, as such, provides a full spectrum of development services for building and deploying decentralised applications (dApps) on the network. This includes custom dApp development, smart contract creation and auditing, and the tokenization of assets using the Hedera Token Service (HTS). This partnership allows Accubits to offer its clients the benefits of Hedera's high-throughput, low-cost, and secure infrastructure, further driving the adoption of enterprise-grade Web3 solutions.

Shinhan Bank

Shinhan Bank is one of South Korea's largest and oldest commercial banks, with a history dating back to 1897. It offers a comprehensive range of financial services, including personal and corporate banking, foreign exchange, wealth management, and investment banking with a focus on digital innovation. It is a member of the Hedera Governing Council.

Its parent company is the Shinhan Financial Group, a major financial holding company in Korea with a significant domestic market share and an expanding international presence across Asia, Europe, and North America.

Shinhan Bank offers a blockchain-based loan management platform through a partnership with the Small Business Market Promotion Corporation (SEMAS). It has also launched a blockchain credentialing system for verifying loan documents and an integrated blockchain-based Decentralized ID (DID) for its mobile banking app, SOL.   

Additionally, Shinhan Bank previously partnered with Standard Bank to develop a cross-border remittance system using stablecoins built on the Hedera distributed blockchain network. This enables the issuance and trading of stablecoins pegged to national currencies such as the South Korean won and South African rand utilizing Hedera's Token Service (HTS) and Consensus Service (HCS). 

AdsDaX

AdsDax is a digital advertising platform founded in 2013 that aims to solve endemic problems in the advertising industry, such as fraud and a lack of transparency, by removing intermediaries and fostering direct, value-based connections between brands and consumers.

The core of AdsDax's service is a self-serve advertising platform that allows brands to create, buy, and sell advertising in a transparent environment. A key feature of their model is the use of incentivised experiences, where consumers are rewarded with digital assets for their engagement with advertising content. This approach, which leverages AI for campaign optimization, is designed to move beyond superficial metrics such as "likes" to drive authentic engagement and build brand loyalty. The platform supports a variety of ad formats, including interactive and video ads, and is utilised by major advertising agencies.

AdsDax uses the Hedera Consensus Service to track and verify millions of advertising events such as impressions, clicks, and conversions in real-time. Each event is recorded on the Hedera public ledger, creating an immutable and auditable trail that provides a single source of truth for advertisers and publishers. This allows for the automated and near-instantaneous settlement of payments to publishers and rewards to consumers using cryptocurrencies.