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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Qples is a digital promotions platform that specializes in the creation, distribution, and validation of digital coupons for Consumer Packaged Goods (CPG) brands and retailers. The platform provides an end-to-end solution for delivering targeted offers to consumers through various channels, including mobile wallets and print-at-home formats.
It’s goal is to address long-standing challenges in the coupon industry, most notably fraud and the lack of real-time validation through its integration with the Hedera blockchain network. By leveraging the Hedera Consensus Service (HCS), Qples creates a verifiable and immutable record for each digital coupon it issues. When a coupon is created, its unique data is hashed and submitted to the Hedera public ledger, generating a "proof of state" with a secure, tamper-proof timestamp.
This on-chain verification allows for real-time authentication at the point of sale, effectively preventing fraudulent redemptions and unauthorized duplication through the creation of a universal, single-use digital asset. Its integration with the Hedera blockchain network enables Qples to offer brands a highly secure, transparent, and data-rich promotions solution.
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.
eMission is a Canadian company that is developing a comprehensive platform for the measurement, reporting, and verification (MRV) of enterprise carbon emissions and removal. Its goal is to provide a fully auditable and transparent system that can help businesses and governments accurately track their carbon footprint and achieve their sustainability goals.
The core of eMission's service is a platform that uses a combination of satellite data, IoT sensors, and advanced analytics to provide a detailed and near real-time view of carbon emissions. This data-driven approach is designed to overcome the limitations of traditional, often manual, methods of carbon accounting. By providing a more accurate and transparent system, eMission aims to build trust in the carbon credit market and facilitate the flow of capital to high-impact environmental projects.
eMission received a grant from the Hedera Foundation to develop a suite of open-source tools and methodologies on Hedera Guardian, a platform for creating and managing digital environmental assets. This integration will allow for the tokenisation of verified carbon credits, creating a secure and transparent market for these assets.