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.
Project Information
Related Projects
MANTRA is a vertically-integrated and regulatory-compliant blockchain ecosystem founded in 2020. Its mission is to bridge the gap between traditional finance and the world of digital assets by providing institutional-grade infrastructure that adheres to global regulatory standards.
The MANTRA ecosystem, also known as the OMniverse, includes several key products. MANTRA Nodes provides blockchain infrastructure-as-a-service, including validator operations and staking services. The MANTRA Chain is a protocol built for regulated assets within the Cosmos ecosystem, and MANTRA Finance is a DeFi platform that will offer a variety of services to both retail and institutional investors.
Through a partnership with hashport, a public utility that facilitates the movement of digital assets between networks, the OM token is now integrated with the Hedera network. This allows for faster, more secure, and lower-cost transactions for OM holders. This integration also opened the door for HeliSwap, a decentralized exchange (DEX) on Hedera, to offer trading pairs with the OM token, further expanding the DeFi possibilities within the Hed-era ecosystem.
Calaxy is a decentralized social marketplace designed to empower creators by giving them direct ownership of their communities and monetization tools. It was cofounded by Spencer Dinwiddie, an active NBA player currently with the Dallas Mavericks, and CEO Solo Ceesay.
The Calaxy platform operates on the Hedera blockchain network with additional support for the Solana blockchain. It enables creators to build personalized mini-applications for users called "Worlds" and has been used by scores of celebrities including NFL superstar Ezekiel Elliot, WWE superstar Mickie James, and pop singer Teyana Taylor.
The customizable Worlds serve as social hubs enabling direct fan engagement through features including social feeds, exclusive content, video calls, and NFT sales. Creators can set their own prices for experiences and subscriptions, eliminating the need for intermediaries.
Calaxy integrates a user-friendly wallet supporting fiat currency, cryptocurrencies, and NFTs, Its native token, $CLXY, serves as a gas and governance token for its underlying "Creator's Galaxy" protocol which allows fans to purchase creator-specific tokens that are redeemable for bespoke interactions and unique content.
Shinhan Bank is one of South Korea's largest and oldest commercial banks, with a history dating back to 1897. It offers a comprehensive range of financial services, including personal and corporate banking, foreign exchange, wealth management, and investment banking with a focus on digital innovation. It is a member of the Hedera Governing Council.
Its parent company is the Shinhan Financial Group, a major financial holding company in Korea with a significant domestic market share and an expanding international presence across Asia, Europe, and North America.
Shinhan Bank offers a blockchain-based loan management platform through a partnership with the Small Business Market Promotion Corporation (SEMAS). It has also launched a blockchain credentialing system for verifying loan documents and an integrated blockchain-based Decentralized ID (DID) for its mobile banking app, SOL.
Additionally, Shinhan Bank previously partnered with Standard Bank to develop a cross-border remittance system using stablecoins built on the Hedera distributed blockchain network. This enables the issuance and trading of stablecoins pegged to national currencies such as the South Korean won and South African rand utilizing Hedera's Token Service (HTS) and Consensus Service (HCS).
Hyphen is a technology firm dedicated to quantifying the true value of natural capital in real-time through building trust and accountability within carbon markets. It endeavors to make carbon markets a consistently viable and transparent financial instrument.
Hyphen’s operations feature an advanced atmospheric-based digital monitoring, reporting, and verification (aMRV) solution. This system features proprietary aMRV software that precisely quantifies greenhouse gas (GHG) flux data using on-site scientific instrumentation such as Eddy Covariance Towers.
The Hyphen platform ensures security through its incorporation of digital ledger technology (DLT) on the Hedera blockchain network. It leverages Hedera's immutable ledger to create secure, auditable records for GHG data and the entire MRV lifecycle. This is crucial for ensuring the verifiability of environmental data, enhancing the integrity of carbon credits, and addressing historical challenges of opacity in carbon accounting.
Hyphen’s offerings, including geospatial GHG data streams and Enterprise dMRV solutions, primarily target project developers and global carbon offsetters. By integrating its scientific MRV approach with Hedera’s capabilities, Hyphen aims to deliver verified climate intelligence and to foster a global financial system that effectively supports sustainable practices.