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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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RAK DAO (Ras Al Khaimah Digital Assets Oasis) is a government-supported free zone in the United Arab Emirates, launched in 2023. It is the world's first and only free zone exclusively dedicated to digital and virtual asset companies. The initiative is designed to create a vibrant ecosystem for Web3, blockchain, AI, and other emerging technologies, positioning Ras Al Khaimah as a global hub for innovation.
RAK DAO provides a comprehensive suite of services and infrastructure to support the growth of digital asset companies. This includes a robust and transparent legal framework, a variety of licensing options (including for freelancers and digital nomads), and access to a network of partners, VCs, and academic institutions. The free zone offers a range of facilities, from co-working spaces to dedicated offices, and provides professional services to assist with everything from company setup to ongoing operations.
The Hedera Foundation, which fuels the growth of the Hedera ecosystem, is a key partner of RAK DAO. This strategic alliance provides RAK DAO members with direct access to the Hedera network, including grant programs and technical support.
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.
Starling Lab for Data Integrity is an academic research center that operates at the intersection of cryptography, decentralized web protocols, and the humanities. A joint initiative between the USC Shoah Foundation and Stanford University's Department of Electrical Engineering, the lab's mission is to develop and prototype tools and principles to establish trust in digital records. In an era of rampant misinformation and AI-generated content, Starling Lab is pioneering new methods to securely capture, store, and verify digital media.
The core of their work is the Starling Framework for Data Integrity, a comprehensive, open-source methodology for authenticating digital content. This framework is built on three pillars: Capture, which involves creating a chain of custody from the moment a photo or video is taken, Store, which uses decentralized networks like IPFS and Filecoin to securely distribute and preserve content, and Verify, which leverages immutable ledgers to register and audit the provenance of digital assets. This end-to-end approach has been applied in various real-world scenarios, from documenting the 78 days of the 2020 U.S. presidential transition with Reuters to preserving the USC Shoah Foundation's archive of 55,000 holocaust testimonies.
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