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.
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Related Projects
Mingo is a digital communication platform built on the Hedera network. It was designed to merge traditional messaging with the power and efficiency of Web3. Its foundational feature is a multi-messaging aggregator that consolidates various chat services into a single, unified inbox. This allows users to manage conversations from different platforms without constantly switching applications.
It features a multi-asset crypto wallet powered by Hedera, enabling users to securely manage HBAR and other Hedera-based tokens adding transaction features to its chat services. By utilizing the Hedera public ledger, Mingo facilitates instant, low-cost crypto transactions directly within a simple chat interface.
In addition to its Hedera-powered wallet and message aggregator, Mingo provides its own secure, end-to-end encrypted Mingo Chat. The platform’s strategic goal is to leverage Hedera’s speed, security, and low fees to bridge the gap between Web2 and Web3. It seeks to demystify cryptocurrency and encourage mainstream adoption by embedding intuitive and powerful decentralized finance functionalities into an essential, everyday communication tool.
HederaExplorer, developed by Acoer with support from The HBAR Foundation, is mirror node explorer tool and rich Hedera transaction analytics platform specific to the Hedera blockchain ecosystem. Its purpose is to offer a decentralized and cost-effective means to store and query historical data from Hedera's public mainnet, thereby lowering the demand on network resources. It offers rich visualization and real-time reporting of many Hedera transactions, allowing the community to easily absorb insights about the network and its activities.
Users also have access to on-request advanced features, such as historical reporting, archives by timeframe or accounts, and topic-based transactions. It is a unique tool for Hedera enabling real-time performance in an open, scalable, and economically sustainable manner.
The platform is built using Acoer's HashLog data management and visualization technologies, combined with an open-source online analytical processing (OLAP) data architecture. This foundation allows HederaExplorer to deliver its insights effectively. Beyond its standard real-time reporting and visualization capabilities, HederaExplorer also provides access to on-request advanced features. These advanced options include functionalities such as detailed historical reporting, the ability to create archives based on specific timeframes or accounts, and access to topic-based transactions from the Hedera Consensus Service.
LokkaRoom is a digital sporting event engagement platform designed to revolutionize and enhance fan engagement across the global sports industry. Developed by TMA Sport and built on the Hedera Hashgraph network, it provides a centralized and secure ecosystem where sports organizations, clubs, athletes, sponsors, and fans can connect and interact.
The platform leverages Web3 technologies to offer a range of digital experiences, including event ticketing, exclusive memberships, digital collectible non-fungible tokens (NFTs), merchandise sales, live voting and polling, and access to unique branded content.
LokkaRoom aims to deepen the connection between fans and their sporting heroes by enabling more meaningful and rewarding interactions. For clubs and athletes, it offers new avenues for sustainable revenue generation, brand building, and direct engagement with their supporter base.
It utilizes unique FIAT-backed tokens for in-platform transactions, making the platform secure and accessible for all fans and features partnerships with numerous organizations including the MK Breakers, Manchester Giants, and Derby Trailblazers basketball clubs.
Tradegames is a play-to-earn (P2E) trading simulation game built on the Hedera network, designed to offer a competitive and risk-free environment for users to test their trading skills. The platform allows players to build fantasy portfolios using real-world stock market data and compete against others to see who can achieve the highest portfolio growth over a set period.
To participate in the competitions, users are required to own a "Vault" NFT. These non-fungible tokens (NFTs), minted on Hedera, serve as a player's entry ticket into the game's reward-based tournaments. Winners of these competitions are rewarded with $TG, the platform's native utility token. The $TG token can then be used within the ecosystem to enter exclusive games or for other platform-related activities, creating a self-sustaining game economy.
Developed with support from LimeChain, the platform leverages the Hedera network for its core functions. Both the Vault NFTs and the $TG utility token are Hedera-based. By simulating crypto and stock trading without requiring players to risk actual capital, Tradegames provides an accessible and educational entry point into the world of financial trading, all within a Web3 gaming framework.