The InterWork Alliance (IWA) is an organization focused on simplifying and standardizing the use of token-powered services for businesses. As an initiative of the Global Blockchain Business Council (GBBC), the IWA works to create a common language and framework for tokenized assets, which allows different blockchain networks and applications to work together seamlessly.
The alliance's primary mission is to empower organizations to adopt and use token-based distributed services in their day-to-day operations. To achieve this, the IWA has developed several key frameworks, including the Token Taxonomy Framework (TTF), which provides a common set of definitions and standards for tokens of all types. The IWA also has a strong focus on sustainability, with task forces dedicated to creating standards for Voluntary Ecological Markets and Carbon Emission Tokens.
The Hedera network and its ecosystem partners are active members and contributors to the InterWork Alliance. Hedera has collaborated with the IWA on its Sustainability Working Group, and several applications built on Hedera are designed to be compliant with the IWA's standards.
Project Information
Related Projects
Coforge is a global digital services and solutions provider headquartered in India, with offices in the US, UK, Asia, and Australia. It assists clients in transforming their businesses by integrating domain expertise with emerging technologies.
The firm primarily serves sectors such as banking and financial services, insurance, and travel and hospitality. As a member of the Hedera Governing Council, it serves a key role in the distributed ledger technology (DLT) space.
Coforge offers services utilizing data and analytics, artificial intelligence, machine learning, cloud computing, and digital process automation to deploy innovative solutions on the Hedera platform. Its offerings include application development and management, managed services, and business process solutions, all with a focus on creating intelligent, high-performing, and secure systems.
Through its role with Hedera, Coforge is supports a diverse group of international clients in their digital transformation journeys and serves leading organizations, including numerous Fortune 500 companies. These include Microsoft, Amazon Web Services (AWS), and Salesforce, among others.
Tune.FM is a decentralized music streaming platform and NFT marketplace built on the Hedera network. It’s designed to upend and modernize the music industry's traditional compensation model. Its core mission is to enable transparent, secure, and instant artist payments while fostering direct connections with fan communities.
The Tune.FM platform is built on the Hedera blockchain network and utilizes the Hedera Token Service (HTS) for its native JAM token ($JAM), which relies on embedded Hedera features to facilitate real-time micropayments for artists, who are compensated for every second their music is streamed.
Tune.FM’s "play-to-earn" model features high speed processing with comparatively low fees, thus potentially allowing artists to retain a significantly greater portion of their earnings when compared to traditional streaming platforms.
Beyond streaming, Tune.FM features an integrated NFT marketplace where artists can mint and sell digital music collectibles including songs, albums, artwork, and exclusive fan experiences such as backstage passes via JAM tokens. For listeners, Tune.FM offers a platform for new music discovery, direct artist interactions and support, and a way to earn JAM tokens through fan engagement.
Coming soon..
Hex Trust is a fully-licensed and insured digital asset custodian that provides bank-grade infrastructure and services for the Web3 ecosystem. Its mission is to bridge the gap between traditional finance and the digital asset economy by providing a secure and compliant platform for institutional investors.
The company offers a comprehensive suite of services built around its proprietary platform, Hex Safe. This includes institutional-grade custody for a wide range of digital assets, including cryptocurrencies, security tokens, and NFTs. In addition to custody, Hex Trust provides staking services, DeFi access, and brokerage and financing solutions. This integrated approach allows their clients, which include financial institutions, asset managers, and Web3 projects, to securely manage and grow their digital asset portfolios.
The Hex Safe platform supports HBAR and all tokens issued on the Hedera Token Service (HTS), making it an official custodian for the Hedera ecosystem. This partnership enables institutional clients to securely hold and stake HBAR, as well as to custody and manage HTS-based tokens. Hex Trust also serves as a strategic custodian for TOKO, a tokenization engine built on Hedera in collaboration with DLA Piper.