Hedera Coinflip is a decentralized application (dApp) built on the Hedera network that offers a simple, "double or nothing" style betting game. Users can wager HBAR for a 50/50 chance to double their bet. The platform's core value proposition lies in its commitment to transparency and fairness, which is achieved through its unique use of the Hedera Consensus Service (HCS).
The fairness of each flip is guaranteed by a provably fair mechanism that prevents manipulation by either the player or the platform operator. When a user initiates a flip, a combination of a server-provided seed and a client-provided seed is submitted to the Hedera network via HCS. The immutable and unpredictable consensus timestamp assigned to this transaction by the decentralized network is then used to determine the outcome. Because this timestamp cannot be influenced or known in advance, the result of the coin flip is truly random and publicly verifiable.
A small percentage of each wager contributes to a progressive jackpot, which can be won by players who achieve a specific, consecutive number of wins. This jackpot serves as the platform's primary revenue model while also creating an exciting, high-reward target for dedicated players.
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StraitsX is digital payment infrastructure provider and stablecoin issuer licensed by the Monetary Authority of Singapore (MAS) as a major payment Institution. It aims to bridge traditional finance (TradFi) with the digital asset economy, offering solutions for businesses and individuals to access and utilize digital currencies.
It’s primarily known for its stablecoins, which include XSGD, a token pegged to the Singapore dollar, XIDR a token pegged to the Indonesian rupiah, and XUSD, which is pegged to the US dollar. These stablecoins are designed to maintain a 1:1 synchronicity with their respective fiat currencies and feature reserves held in licensed financial institutions.
StraitsX emphasizes transparency and regulatory compliance, with each of its stablecoins issued in accordance with MAS frameworks.
The firm’s solutions support multi-chain operations, with its stablecoins available on various blockchain networks including Hedera, enabling faster, scalable, and cost-effective transactions. The company provides APIs for seamless integration, which allow businesses to accept payments, facilitate payouts, and conduct blockchain transactions.
StraitsX also offers personal and business accounts for minting, issuing, redeeming, and transacting with its proprietary stablecoins. It is currently partnered with various financial institutions including RedotPay and Visa to enable digital asset spending via card programs.
Arkose Energy Corp. was founded in 2002 and is headquartered in Texas, It is focused on real world mining operations and utilises digital data mining solutions to fulfill its environmental commitments. One of its key focuses is on reducing flare gas and mitigating emissions by converting its oil and gas production into electricity to power its own data centers for cryptocurrency mining.
The company offers a range of services to the energy sector, including engineering, construction management, and fabrication of modular skids for various applications like test separators and gas scrubbers. It also defines itself as a data mining company, leveraging its energy production to power digital asset mining operations. This vertical integration is intended to create a more efficient and environmentally conscious approach to both energy production and cryptocurrency mining.
Arkose Energy utilises the Hedera network to bring transparency and verifiability to its operations. Data from its energy production and digital mining activities is processed through the Hedera Consensus Service. This creates an immutable and auditable log, allowing stakeholders to verify the company's emissions reduction efforts and the provenance of its energy usage for mining.
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The InterWork Alliance (IWA) is an organization focused on simplifying and standardizing the use of token-powered services for businesses. As an initiative of the Global Blockchain Business Council (GBBC), the IWA works to create a common language and framework for tokenized assets, which allows different blockchain networks and applications to work together seamlessly.
The alliance's primary mission is to empower organizations to adopt and use token-based distributed services in their day-to-day operations. To achieve this, the IWA has developed several key frameworks, including the Token Taxonomy Framework (TTF), which provides a common set of definitions and standards for tokens of all types. The IWA also has a strong focus on sustainability, with task forces dedicated to creating standards for Voluntary Ecological Markets and Carbon Emission Tokens.
The Hedera network and its ecosystem partners are active members and contributors to the InterWork Alliance. Hedera has collaborated with the IWA on its Sustainability Working Group, and several applications built on Hedera are designed to be compliant with the IWA's standards.