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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Kabuto is a decentralized name service built on Hedera that allows users to register blockchain domains such as .hh and manage human-readable names secured by NFTs and smart contracts. It supports address and text records across multiple blockchains, making it easier for users to interact with digital assets and identities in a unified way. The platform was originally launched with a mirror node and explorer by LaunchBadge, providing tools for developers and users to view and interact with Hedera network data, though this component was later paused.
Kabuto continues to focus on decentralized identity and naming services, offering governance capabilities and DAO-ready features that allow users to participate in managing domain functionality and settings. By combining user-friendly naming with Hedera’s fast, secure, and scalable infrastructure, Kabuto aims to simplify blockchain interactions and promote wider adoption of the Hedera ecosystem.
Snickerdoodle Labs is a data privacy company founded in 2021 that is building a "consent layer" for the internet. Its mission is to foster a more equitable data economy where individuals have control over their personal information and are rewarded for sharing it.
The core of Snickerdoodle's service is a decentralized data exchange platform that allows people to own and monetize their data anonymously. The platform provides a suite of tools for both individuals and businesses. For individuals, there is a data wallet that allows them to aggregate their Web2 and Web3 data and control who has access to it. For businesses, Snickerdoodle offers a consent management platform that allows them to request and manage user consent in a compliant and transparent way. A key feature is the "share-to-earn" model, where users are rewarded with cryptocurrency for sharing their data with brands.
Snickerdoodle Labs and Hedera have partnered to bring its consent and data sharing solutions to the Hedera ecosystem, allowing Hedera users to take control of their data and earn rewards for sharing it.
WiPay is a financial technology company based in the Caribbean, founded in 2016. It’s dedicated to driving financial inclusion by providing a secure and accessible platform for online payments, bridging the gap between traditional banking services and the large unbanked population in the region.
WiPay offers a comprehensive suite of payment solutions for both businesses and individuals. Its core services include online payment processing for e-commerce, credit card terminals for in-person transactions, and a system for creating and managing digital vouchers. The platform also supports recurring payments and subscriptions, providing a full suite of tools for merchants. For consumers, WiPay offers the COLOUR app, a "super app" for peer-to-peer payments, bill payments, and other financial services.
WiPay launched the WiCoin Settlement Network, the Caribbean's first multi-territory settlement network, on the Hedera mainnet. This initiative leverages Hedera's high-throughput, low-cost, and secure infrastructure to facilitate a new level of financial interoperability across the Caribbean.
Tamuwa, founded in 2015, is a Kenyan company at the forefront of the renewable energy sector in Africa. Its primary focus is on converting agricultural waste, specifically sugarcane bagasse, into a sustainable and affordable energy source. By producing high-density briquettes and pellets, Tamuwa provides a clean alternative to traditional fuels like firewood and charcoal, addressing issues of deforestation and promoting a circular economy.
The company's core service is the production and distribution of these biomass briquettes, which have a high calorific value and low moisture content, making them an efficient fuel source for industrial and domestic use. Tamuwa has also developed the CYNK platform, a digital end-to-end solution for the measurement, reporting, verification, and trading of high-quality voluntary emissions reductions (VERs). This platform is designed to bring trust and transparency to the carbon offset market, enabling local communities and projects to gain greater financial benefit from their environmental initiatives.
The CYNK platform is built on the Hedera network, leveraging its high-throughput, low-cost, and energy-efficient distributed ledger technology. This integration allows Tamuwa to digitize and tokenize verified emissions reductions, creating a secure and transparent marketplace for carbon credits.