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Hitachi America, Ltd., a subsidiary of the Japanese multinational conglomerate Hitachi, Ltd., is headquartered in Santa Clara, California. The company serves as a key component of Hitachi's global operations, driving innovation and business development across the Americas.
Hitachi America and its subsidiaries offer a vast and diverse portfolio of products and services organized under three core business structures: "Digital Systems & Services," "Green Energy and Mobility," and "Connective Industries." This includes enterprise-grade data storage and management solutions, cloud applications, and AI-driven platforms.
Hitachi America joined the Hedera Governing Council in 2024. As a council member, Hitachi lends its extensive industrial and technological expertise to the governance of the DLT. The company has explicitly stated its intent to create proof-of-concept solutions on Hedera, focusing initially on end-to-end supply chain management and sustainability initiatives. By leveraging Hedera's secure, scalable, and energy-efficient network, Hitachi aims to enhance transparency and accountability in complex industrial workflows, from manufacturing and logistics to clean energy and IT/OT systems.
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The Content Authenticity Initiative (CAI) is a cross-industry community founded in 2019 by Adobe, The New York Times, and Twitter to combat digital misinformation and provide a verifiable layer of trust for online content. With a rapidly growing membership of over 4,000, the CAI brings together technology companies, media organizations, and civil society to develop open-source tools and standards that promote transparency and give creators credit for their work.
The primary service of the CAI is the development and promotion of Content Credentials, an open-source technology that functions like a "nutrition label" for digital media. This system allows creators to attach secure, tamper-evident metadata to their content, creating a verifiable record of its origin, authorship, and edit history. This provenance data is cryptographically signed and remains with the content as it is shared and modified. The technical specifications for Content Credentials are developed by the Coalition for Content Provenance and Authenticity (C2PA), a standards development organization co-founded by Adobe.
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.
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.
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.
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).
BankSocial is a global financial technology firm working to bridge traditional financial (TradFi) systems with emerging digital asset technologies. It utilizes artificial intelligence, machine learning, and distributed ledger technology (DLT), on the Hedera blockchain network.
The company offers a suite of integrated financial products and services designed for both individuals and enterprise financial institutions, with a specific focus on credit unions and their members. Key offerings include a self-custody crypto exchange, know your customer (KYC) user verification solutions, lending services, and the $BSL token, which offers staking with potential stablecoin rewards. Its ecosystem also encompasses a payments hub, fraud management tools, a digital wallet, and custom software and API development.
Its focus on the credit union sector allows it to provide partners with technology bridging TradFIi with Web3 and offers secure self-custody for cryptocurrency holdings and access to a suite of DeFi tools through a user-friendly interface.
The firm holds a Money Services Business (MSB) registration with the US Treasury’s Financial Crimes Enforcement Network (FinCEN) and Canada’s FINTRAC through Fivancial Inc.
BankSocial also developed the Secura platform, in collaboration with Hedera, which focuses on real-time fraud monitoring and asset recovery in the Web3 space.
HaitiPay is a Haiti-based fintech company focused on digitalizing the country's economy and increasing financial inclusion for underserved communities. Its core services are delivered through an API-enabled digital banking platform. This includes a mobile wallet that is designed to be universal and telecom-agnostic, capable of turning even basic feature phones into electronic payment devices.
The platform facilitates a range of financial transactions, including local and cross-border e-payments and remittances. By enabling electronic payments, HaitiPay supports merchants in expanding their sales and provides a secure and traceable way for all users, from rural farmers to urban merchants, to access digital financial services.
In collaboration with EMTECH, a CBDC infrastructure provider, HaitiPay has developed a proof-of-concept for a potential Central Bank Digital Currency (CBDC) in Haiti. This solution is built on the Hedera public distributed ledger, chosen for its high throughput, low fees, and security. This integration is designed to lower the cost of payments and provide seamless access to digital cash.