Magic is a Wallet-as-a-Service (WaaS) platform that provides developers with tools to streamline user onboarding for decentralized applications, including those built on the Hedera network. The platform's core offering is an SDK that enables seamless authentication and the instant creation of non-custodial wallets for end-users, bypassing many of the traditional complexities of Web3.
For the Hedera ecosystem, Magic allows dApp developers to offer familiar Web2 login methods, such as email or social accounts, instead of requiring users to manage seed phrases or install separate browser-extension wallets. When a user logs into a Magic-enabled Hedera dApp, a secure, Hedera-compatible wallet is automatically generated for them in the background. This wallet is fully capable of interacting with the Hedera network, allowing the user to sign transactions, manage HBAR and HTS tokens, and engage with smart contracts.
The underlying technology uses a delegated key management system, where private keys are encrypted and stored in secure hardware modules, ensuring users retain full control and ownership of their assets without the burden of direct key management.
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KwikPik is a Web3-based on-demand delivery and services platform built on the Hedera blockchain network primarily focused on burgeoning markets in Africa and the Middle East. It was founded in Nigeria in 2022 to address a critical gap in reliable, efficient on-demand services, particularly in less densely populated regions.
The platform offers a comprehensive suite of services including swift package delivery, convenient grocery and food ordering, direct sourcing of fresh farm produce, and accessible ride-hailing. At its core, KwikPik deeply integrates Hedera technology and employs the Hedera Consensus Service (HCS) to create auditable, immutable logs for tracking driver journeys, significantly bolstering transparency, reducing fraud, and providing verifiable data for carbon emissions tracking for ESG reporting.
KwikPik’s native stablecoin, $KPL, is built upon the Hedera Token Service (HTS). This facilitates exceptionally low-cost, real-time in-app payments and provides users with intuitive, non-custodial Web3 wallets, simplifying their entry into the digital economy. This allows KwikPik to operate as an efficient decentralized physical infrastructure Network (DePIN), designed to deliver reliable, secure, and scalable services, thereby fostering financial inclusion, expanding market access for local businesses, and generating employment opportunities across its operational areas.
The Reptilian Secret Society is a "play-to-earn" NFT project and decentralized community built on the Hedera network. It’s centered around a fictional universe where a secret society of reptilian beings has infiltrated every aspect of human society.
The core of the project is its series of NFT collections, starting with the "Genesis" collection of 10,000 reptilian characters. These NFTs serve as both digital collectibles and membership tokens, granting holders access to "The Syndicate," the project's decentralized autonomous organization (DAO). Ownership of these NFTs also provides access to various "play-to-earn" features, including the ability to stake NFTs to earn the project's native utility token. The ecosystem also includes a marketplace for trading the NFTs and a breeding mechanic that allows owners to create new "hybrid" NFTs.
The Reptilian Secret Society uses the Hedera Token Service (HTS) to mint all of its NFTs and fungible tokens, which ensures low, predictable transaction fees and fast, secure transfers.
PowerSynch is a digital platform developed by American PowerNet, the first independent company to be granted a power marketer license by the Federal Energy Regulatory Commission (FERC). It specializes in providing direct access to wholesale electricity markets for commercial and industrial clients.
The PowerSynch platform functions as a marketplace for sustainable energy, connecting large-scale buyers directly with renewable energy generators. Its primary service is to facilitate transparent and efficient online transactions for wholesale power, bundled with Renewable Energy Credits (RECs). The platform enables buyers to competitively bid for wholesale blocks of power, offering flexible, short-duration Power Purchase Agreements (PPAs). For sellers, PowerSynch provides a streamlined process to offer their renewable energy to a larger market with the assurance of payment upon delivery. The platform manages the physical delivery of power and provides audit-ready data for environmental reporting.
PowerSynch leverages the Hedera network to ensure the transparency and verifiability of its transactions. The use of Hedera is intended to increase trust in the renewable energy market, prevent double-counting of RECs, and provide a secure, auditable trail for all transactions.
Jewel Bank is a Bermuda-based financial institution focused on bridging fiat banking with digital asset infrastructure through its proprietary stablecoin and banking service solutions. It has full TradFi banking and digital asset business licenses from the Bermuda Monetary Authority (BMA) and is the first dedicated digital asset bank in the area to receive both licenses.
Its primary clients are non-US digital asset firms including exchanges, institutional investors, and OTC trading firms. Jewel Bank offers a full suite of banking services including business checking and deposit accounts, wire transfers, fiat on and off ramps, and digital asset custody.
Jewel Bank also issues its own US dollar-backed stablecoin, Jewel USD ($JUSD). This is a fully-reserved stablecoin offering transparency through regular reserve updates and banking-as-a-service offerings via API as well as cryptocurrency-collateralized lending.
The firm is currently developing stablecoins-as-a-service solutions alongside its real-time settlement network, "Jewel Settle," which offers instant settlements for cross-bank transactions conducted by Jewel Bank customers.