The IBM Blockchain Platform was a short-term funding and technology project involving the Hedera blockchain network. While this specific project has evolved into an ongoing enterprise blockchain strategy, IBM remains intrinsically involved with the Hedera network as a member of the Hedera Governing Council.
This position provides IBM with a direct voice and vote in the governance of the Hedera public network, influencing its technical roadmap, policies, and overall strategic direction. As a council member, IBM also contributes to the network's operational integrity by running a consensus node.
This engagement with Hedera allows IBM to participate, offer insights and contribute to advancements which align with its broader interests in advancing enterprise-grade distributed ledger solutions (DLT). This involvement complements IBM's extensive work with permissioned blockchains and strengthens the partnership between Hedera and the broader technology industry while providing a holistic perspective on the evolving blockchain landscape for IBM’s global enterprise clients.
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Upbit is cryptocurrency exchange based in South Korea with offices in Singapore, Indonesia, and Thailand. It is operated by Dunamu, a leading South Korean fintech company and is one of the the largest exchanges by trading volume on the Hedera network and in the south Asian market where it plays a crucial role in providing liquidity and accessibility for the Hedera blockchain network. Upbit is a primary on-ramp for the Hedera native cryptocurrency token, HBAR, through its secure, high-volume mobile apps offering real-time trading, diverse asset support, and robust security, especially in the South Korean cryptocurrency markets.
Upbit is known for its strong emphasis on security and regulatory compliance within South Korea's stringent framework. They have obtained numerous security certifications, including Personal Information and Information Security Management System (ISMS-P) and International Organization for Standardization / International Electrotechnical Commission (IOS/IEC), and employ advanced AI-driven fraud detection systems operated by dedicated anti-money laundering teams.
Cask Capital is an investment platform connecting investors with opportunities to own premium whisky casks of the highest quality as well as intrinsically related digital tokenized assets. It positions whisky casks as a tangible alternative asset class and facilitates the purchase of full or fractional ownership of these casks which are often sourced from renowned Scottish distilleries.
A core element of Cask Capital's operation is the use of tokenization utilizing the Hedera blockchain. This allows digital tokenized ownership of real-world casks and enhances transparency and accessibility in the competitive whisky investment market. Once acquired, the physical casks are held in regulated, bonded warehouses in Scotland, where the whisky matures over time. Their clear provenance, aging profile, and value growth make them ideal for fractional ownership on-chain.
Cask Capital provides services for the management and storage of these exclusive, curated assets which are fully-backed and insured. The value of the investment is tied to the maturation process and market demand for aged whisky.
Datahash, formerly known as Entrust, is Australia's pioneering full-service agricultural supply chain platform. Focused on combating the estimated $3 billion annual global wine fraud, Datahash leverages distributed ledger technology (DLT) to ensure the authenticity and traceability of agricultural products from origin to consumer.
Datahash utilizes the Hedera Consensus Service to log supply chain events immutably. Each update is recorded to a defined topic on Hedera, requiring a signature and receiving a consensus timestamp. This approach provides a complete and verifiable history of the supply chain, enhancing transparency and trust among stakeholders.
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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.