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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EarthID is a decentralized identity management platform designed to provide secure, user-centric, and efficient identity solutions for businesses and individuals. The platform focuses on establishing trust in digital interactions by enabling users to own, control, and share their verified personal data with explicit consent. EarthID aims to address challenges related to identity fraud, data privacy, and regulatory compliance while streamlining customer onboarding and access management processes.
The services offered by EarthID encompass various aspects of identity and access management. These include robust identity verification, where EarthID functions as an Identity Service Provider and Attribute Service Provider with the ability to provide reusable digital IDs. The platform also offers multi-factor authentication (MFA) and passwordless authentication mechanisms to enhance security. Furthermore, EarthID provides solutions tailored for emerging Web 3.0 and Metaverse ecosystems, facilitating secure and frictionless user access.
EarthID incorporates digital ledger technology (DLT) to offer advanced identification features such as biometrics and zero-knowledge proofs to ensure data integrity and privacy. Its platform is targeted at global businesses seeking to reduce identity-related risks, optimize operational costs, and comply with data protection regulations like GDPR.
Hyphen is a technology firm dedicated to quantifying the true value of natural capital in real-time through building trust and accountability within carbon markets. It endeavors to make carbon markets a consistently viable and transparent financial instrument.
Hyphen’s operations feature an advanced atmospheric-based digital monitoring, reporting, and verification (aMRV) solution. This system features proprietary aMRV software that precisely quantifies greenhouse gas (GHG) flux data using on-site scientific instrumentation such as Eddy Covariance Towers.
The Hyphen platform ensures security through its incorporation of digital ledger technology (DLT) on the Hedera blockchain network. It leverages Hedera's immutable ledger to create secure, auditable records for GHG data and the entire MRV lifecycle. This is crucial for ensuring the verifiability of environmental data, enhancing the integrity of carbon credits, and addressing historical challenges of opacity in carbon accounting.
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Carbon Central, developed by Australian tech firm NoviQTech, is an enterprise-grade software platform designed to help large organizations manage the complexities of carbon accounting and environmental, social, and governance (ESG) reporting. The platform provides a unified, end-to-end solution for companies to measure, analyze, and report on their environmental footprint, particularly their Scope 1, 2, and 3 carbon emissions. It aims to replace disparate spreadsheets and manual data collection methods with a single, auditable system of record.
The platform is built on the Hedera network, leveraging its technology to bring a high level of integrity and trust to the ESG data management process. A key feature of Carbon Central is its use of the Hedera Consensus Service (HCS) to create an immutable and verifiable audit trail. As enterprises input emissions data, supplier information, and other critical ESG metrics into the platform, a cryptographic hash of that data is submitted to the Hedera public ledger. This process provides a tamper-proof timestamp and a transparent, auditable record that can be securely shared with and verified by regulators, investors, and other stakeholders.