Hashlog is a data verification service that leverages the Hedera Consensus Service (HCS) to create immutable events or data logs. It enables applications and enterprises to submit messages to the HCS, where each message receives a consensus timestamp from the Hedera network, ensuring its integrity and order. This process provides a secure and transparent "proof-of-action" or "proof-of-event" capability.

Its core functionality offers a data trail for on-chain information. Once data is logged via Hashlog to the HCS, it cannot be altered or retrospectively tampered with, providing a high degree of data integrity. This is particularly useful for use cases requiring regulatory compliance, dispute resolution, or the tracking of critical operational processes. Developers integrate Hashlog systems using APIs or SDKs. 

By utilizing Hedera, Hashlog provides decentralized trust, cryptographic verification, and public accessibility (if desired) for the logged information. Its applications span across multiple domains, including supply chain management for tracking goods, IoT data streams for device event verification, and legal tech for timestamping documents.

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By handling the complex backend processes of payment processing, fraud monitoring, and regulatory compliance like KYC/AML, Transak solves a critical onboarding challenge for the Web3 ecosystem. It eliminates the need for users to leave a dApp, register on a centralized exchange, and manually transfer funds, which significantly reduces friction and improves user conversion rates. The platform supports a wide array of local payment methods across more than 150 countries, including credit/debit cards, bank transfers, and other regional options.

Transak is integrated with the Hedera network. This enables developers building on Hedera to provide their users with a direct and localized on-ramp to purchase HBAR and other Hedera-based tokens. 

Bonzo Finance

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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DeraGods

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A distinctive feature of the DeraGods ecosystem is its "faith scale tax system," which rewards NFT holders based on their level of engagement and commitment to the project. Users can earn faith by following the project’s “commandments” which include directives to engage with and share social media content related to the project, recruiting new members, spreading positive commentary about the Hedera ecosystem, and using Hedera-based tokens and blockchain services to conduct cryptocurrency transactions.

A percentage of all DeraGods NFT sales will go toward purchasing and building virtual assets such as virtual real estate, DApps, liquidity pools, and games.