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.
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SaucerSwap is a decentralized exchange (DEX) and automated market maker (AMM) protocol built on the Hedera blockchain network. It provides permissionless swapping services for Hedera Token Service (HTS) tokens.
The platform allows users to trade between Hedera-based assets and enables users to become liquidity providers by depositing HTS tokens into liquidity pools where they earn a share of the trading fees generated by those pools. Additionally, it offers yield farming programs which allow liquidity providers to stake LP tokens for further rewards.
SaucerSwap has its own native asset, the SAUCE token, which is used for platform governance through a decentralized autonomous organization (DAO) as well as for staking and incentivizing liquidity. The platform aims to be a foundational component of the DeFi landscape on Hedera by providing essential infrastructure for token exchange and liquidity services to the network's users and developers. It also prioritizes user and network security through decentralized management and third-party security audits for smart contracts.
NOWPayments is a non-custodial cryptocurrency payment gateway that was founded in 2019. Its mission is to make it easy for businesses to accept a wide variety of cryptocurrencies, with a focus on providing a seamless and secure payment experience.
The core of NOWPayments' service is a platform that allows merchants to accept over 300 different cryptocurrencies, including stablecoins, and to receive payments in their preferred fiat currency. The platform offers a range of integration options, including APIs, e-commerce plugins, and donation widgets. A key feature of the platform gives users the ability to offer automatic coin conversion, which allows merchants to accept a variety of cryptocurrencies without having to manage multiple wallets. The platform also offers a mass payments solution, which enables businesses to send payments to multiple recipients in various cryptocurrencies.
NOWPayments has a direct integration with the Hedera network, providing full support for HBAR and other Hedera-based tokens. This allows merchants using the NOWPayments platform to accept HBAR as a form of payment.
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.
The Coupon Bureau is a non-profit, industry-managed organization established to modernize the coupon industry by creating a centralized data exchange for all stakeholders. The organization's primary mission is to combat coupon fraud, an issue estimated to cost the industry hundreds of millions of dollars annually, while also improving efficiency and the consumer experience.
At the heart of The Coupon Bureau's work is the development and implementation of the new Universal Coupon standard, also known as AI (8112). This new standard replaces the outdated barcode system with a more secure, serialized format for both digital and paper coupons. This allows for real-time validation of every coupon at the point of sale, effectively eliminating counterfeiting and ensuring that each coupon is used only once, as intended by the manufacturer. The platform, known as the Universal Positive Offer File, serves as this central repository for all coupon data, connecting manufacturers, retailers, and consumers in a seamless ecosystem.
The Coupon Bureau utilizes the Hedera Consensus Service (HCS) to create a tamper-proof, auditable log of every coupon's lifecycle. Each time a coupon is created, distributed, or redeemed, a transaction is recorded on the Hedera public ledger.