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.

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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.

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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.   

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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). 

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Mawari is a technology company focused on building infrastructure for the 3D internet and spatial computing. It primary work is in developing a decentralized network to power the real-time streaming of immersive, AI-driven 3D experiences with near-zero latency.

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The core of Mawari's offering is its Decentralized Content Delivery Network (CDN), a globally distributed network of GPU-powered nodes. This network, combined with Mawari's patented 3D streaming codec and a spatial rendering and streaming SDK, allows for the efficient cloud rendering and delivery of complex 3D content to a wide range of devices, including smartphones and XR glasses. This technology is designed to break the bottlenecks of traditional infrastructure, making high-quality, interactive AR and VR experiences scalable and accessible. The network is built on a Decentralized Physical Infrastructure Network (DePIN) model, which incentivizes individuals to contribute their unused compute resources.

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As a participant in the Hedera ecosystem, Mawari is exploring how Hedera's fast, secure, and sustainable distributed ledger technology can be integrated into its decentralized infrastructure to enhance the security, transparency, and efficiency of its network, particularly as it expands its reach in the burgeoning spatial computing and 3D internet markets.

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Dragon Glass is a real-time data streaming and analytics platform specifically designed for the Hedera network. It provides developers, businesses, and users with live, granular access to the vast amounts of data generated on the Hedera public ledger. This includes comprehensive details about transactions, Hedera Consensus Service (HCS) messages, Hedera Token Service (HTS) token transfers, and interactions with Hedera Smart Contracts.

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Key features of Dragon Glass include robust real-time data feeds, which are delivered via APIs using protocols such as WebSockets or gRPC, enabling responsive application development. It also offers capabilities for querying historical ledger data, allowing for in-depth analysis and reporting. Users can filter data streams or subscribe to specific events, accounts, or topics relevant to their needs.

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Dragon Glass supports a numerous use cases ranging from powering dApp front-ends and analytics dashboards to enabling exchanges and wallet providers with up-to-the-second information. It empowers the Hedera ecosystem by making its on-ledger data more accessible, actionable, and easier to integrate into diverse applications.

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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.

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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.