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Standard Bank

Standard Bank Group, located in South Africa, is Africa's largest bank by assets and among the longest operating financial institutions on the continent having been founded more than 150 years ago. The Group offers a comprehensive suite of financial products and services via the Hedera blockchain including a wide array of payment processing solutions for both individuals and businesses.

The firm’s primary functions include facilitating transactional banking, lending, asset finance, merchant solutions, trade finance, and international payment services for its business and enterprise clients. Standard Bank also provides insurance and asset management services. 

As a member of the Hedera Governing Council, Standard Bank provides enterprise-grade, secure transactions and digitized cross-border trade processes on the immutable Hedera distributed blockchain ledger. 

Standard Bank is one of the leading Hedera-based service providers utilizing Hedera's Token Service (HTS) and Consensus Service (HCS). The primary focus of this collaboration is to improve transaction efficiency and reduce costs associated with international cross-border payments.

Magic

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. 

AID:Tech

AID:Tech is a payments infrastructure firm that utilizes blockchain and digital identity technologies to improve the distribution of aid, social welfare, and other financial entitlements. Its core mission is to deliver these resources with enhanced transparency, efficiency, and accountability, ensuring they effectively reach their intended beneficiaries.

The company develops solutions focused on creating secure digital identities for recipients, which are then linked to the disbursement and tracking of aid or services. A key aspect of its technological approach is the integration of the Hedera network. AID:Tech leverages the Hedera Consensus Service (HCS) to create immutable and transparent audit trails for all transactions and the delivery of benefits. 

AID:Tech’s goal is to minimize fraud and improve the overall integrity of distribution programs. Its platforms are aimed at governments, non-governmental organizations (NGOs), and international development agencies, providing them with tools to digitize processes, empower recipients, and gather reliable data on the impact of their initiatives.

HeliSwap

HeliSwap is a decentralized exchange (DEX) that was launched in 2022 as a joint partnership between MANTRA and LimeChain. The platform is designed to bring a comprehensive suite of decentralized finance (DeFi) services to the Hedera network, with a focus on a user-friendly and community-centric approach.

The core of HeliSwap's service is its open-source, non-custodial exchange, which allows for the seamless swapping of tokens within the Hedera ecosystem. The platform supports swaps between HTS tokens, ERC-20 tokens, and HBAR, providing a high degree of interoperability. In addition to token swaps, HeliSwap offers a range of DeFi features, including customized liquidity mining programs and the ability for users to create their own yield farms. A key component of the ecosystem is the HeliSwap DAO, the first of its kind on Hedera, which empowers the community to participate in the governance and future development of the platform.

HeliSwap is built on the Hedera Smart Contract Service and is fully compatible with the Hedera Token Service (HTS).