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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.

NFT Grade

NFT Grade is a service that provides a standardized, objective grading system for non-fungible tokens (NFTs), aiming to bring greater transparency and trust to the digital collectibles market. The company's mission is to create a reliable method for assessing the value and rarity of NFTs, similar to how physical collectibles like trading cards are professionally graded.

The core of NFT Grade's service is its proprietary algorithm, which analyzes the metadata of an NFT to determine its rarity and overall grade. This process takes into account various factors, including the individual traits of the NFT and their prevalence within the entire collection. The platform provides a detailed "Grade Card" for each assessed NFT, which includes an overall score, a breakdown of its trait rarities, and a unique serial number. This allows collectors and investors to make more informed decisions by providing a clear and objective measure of an NFT's value.

NFT Grade utilizes Hedera's high-throughput and low-cost infrastructure to create a secure and transparent record of its grading process. Each Grade Card is minted as an NFT on the Hedera Token Service (HTS), creating an immutable and auditable record of the grade.

Uphold

Uphold is a versatile global digital money platform offering a "anything-to-anything" trading experience that connects cryptocurrencies, fiat money, and precious metals to the digital marketplace. Uphold serves as a crucial access point for the Hedera ecosystem, allowing users to buy, sell, and hold HBAR through its simple interface while facilitating on-chain deposits and withdrawals.

Uphold's platform highlights the exchange’s transparency, publishing its assets and liabilities in real-time and maintaining a 100-percent plus reserve policy, ensuring user funds are fully backed. 

Beyond basic trading, Uphold offers features including recurring buy orders for dollar-cost averaging and staking rewards on various digital assets, including HBAR. Its "Vault" feature provides enhanced self-custody options for HBAR holders and secure private key management with assisted replacement.

Uphold is also holds over 50 licenses and registrations globally, including compliance with FinCEN in the US, the FCA in the UK, and FINTRAC in Canada. They adhere to stringent anti-money launder (AML) and know-your-customer (KYC) procedures.

Kabuto

Kabuto is a decentralized name service built on Hedera that allows users to register blockchain domains such as .hh and manage human-readable names secured by NFTs and smart contracts. It supports address and text records across multiple blockchains, making it easier for users to interact with digital assets and identities in a unified way. The platform was originally launched with a mirror node and explorer by LaunchBadge, providing tools for developers and users to view and interact with Hedera network data, though this component was later paused.

Kabuto continues to focus on decentralized identity and naming services, offering governance capabilities and DAO-ready features that allow users to participate in managing domain functionality and settings. By combining user-friendly naming with Hedera’s fast, secure, and scalable infrastructure, Kabuto aims to simplify blockchain interactions and promote wider adoption of the Hedera ecosystem.