HLiquity is a decentralized borrowing protocol built and deployed on the Hedera blockchain network. It offers users a method to take out loans against their HBAR collateral and enables HBAR holders to access liquidity in the form of a USD-pegged stablecoin without selling held HBAR assets.
The core mechanism allows users to deposit HBAR into a smart contract to mint the protocol's stablecoin to obtain interest-free loans with a one-time borrowing fee. HLiquity operates on a system of over-collateralization, requiring borrowers to maintain a collateral ratio above a specified minimum to secure their debt.
A key component of the protocol is the Stability Pool, where users can deposit the HLiquity-issued stablecoin. These deposits are used to absorb debt from liquidated positions, and Stability Pool providers are compensated with a share of the liquidated HBAR collateral. HLiquity aims to provide a capital-efficient and censorship-resistant borrowing solution within the Hedera DeFi ecosystem.
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Beem is a versatile Australian digital wallet owned by Digital Wallet Pty Ltd and now part of Australian Payments Plus, a member of the Hedera Governing Council and the collective that also includes BPAY Group, eftpos and NPP Australia.
It enables Australians to pay, request, transfer and split money instantly by using familiar contact names instead of BSB and account numbers. The app also supports BPAY for bill payments and offers features such as rewards and cashback through Beem Rewards and Cashrewards, loyalty and gift card storage, animated stickers and group expense management.
Eftpos acquired Beem in 2020 to expand into digital wallet services and leverage its payments infrastructure for faster growth. Since then it has been downloaded more than 1.4 million times and has facilitated over US 1 billion in transactions. Australian Payments Plus operates a Hedera network node in Australia and has trialled the Hedera Consensus Service and an Australian dollar based stablecoin to enable secure and low cost micropayments, providing a potential foundation for future Beem innovations.
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Cofra Holding is a privately owned global enterprise headquartered in Switzerland. Its portfolio spans several key sectors, managing a range of prominent businesses. These include C&A, a major international fashion retailer; Redevco, a real estate investment management company focused on sustainable urban properties; and Sunrock, a leader in developing large-scale solar energy projects. Cofra also maintains significant investments in sustainable food through the Arrobas Group and in private equity via Bregal.
Cofra joined the Hedera Governing Council in 2023. As a council member, Cofra operates a node and actively participates in the network's governance. The company actively leverages this position to explore the application of distributed ledger technology to enhance its core business functions. Key areas of interest include improving supply chain transparency across its retail and food businesses and investigating the tokenization of assets within its real estate and energy portfolios. This strategic involvement allows Cofra to pioneer DLT solutions that align with its sustainability and operational efficiency goals.
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Accubits is a full-service software provider founded in 2012. It specialises in leveraging cutting-edge technologies such as AI and blockchain to help a wide range of clients, from startups to Fortune 500 companies, accelerate their business growth.
Accubits offers a comprehensive suite of services, including AI development, custom software creation, and blockchain solutions. The company has a proven track record of delivering enterprise-grade applications, such as AI-powered conversational tools, data analytics systems, and blockchain-based platforms for supply chain management and digital identity.
The company is an official technology partner and systems integrator for Hedera and, as such, provides a full spectrum of development services for building and deploying decentralised applications (dApps) on the network. This includes custom dApp development, smart contract creation and auditing, and the tokenization of assets using the Hedera Token Service (HTS). This partnership allows Accubits to offer its clients the benefits of Hedera's high-throughput, low-cost, and secure infrastructure, further driving the adoption of enterprise-grade Web3 solutions.
Noviqtech is technology firm focused on carbon accounting and supply chain transparency. The company's product offerings include “Carbon Central” and “Noviq AI.” Carbon Central is focused on managing and centralizing carbon-related data and accounting processes for businesses. Similarly, Noviq AI offers exceptional end-to-end transparency and confirmation of product authenticity and processes throughout the entire value chain through the use of artificial intelligence within the firm's service portfolio, thus enhancing data processing, analytics, and decision-making capabilities for core services.
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