SCB TechX is a subsidiary of SCBX Group, the parent company of Thailand’s first bank, the Siam Commercial Bank (SCB). Its focus is on the development of digital technology solutions, applications, and platform-as-a-service offerings.
The company provides a range of services, including technology consulting, integrated solution development, and technology infrastructure and digital platforms management. With key applications and services including data analytics and AI solutions such as its TechX Data Platform for enterprises.
SCB TechX also specializes in cybersecurity, digital identity verification know your customer services (eKYC), and the development of enterprise-level apps and mobile banking solutions.
The firm leverages blockchain technology for cross-border payment initiatives and central bank digital currency (CBDC) research and the exploration of stablecoin use cases for cross-border remittances using Distributed Ledger Technology (DLT) on the Hedera network in order to streamline international remittances, reduce costs, and provide massive improvements to transparency and settlement speed compared to traditional finance (TradFI) methods.
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Taskbar is a decentralized freelance marketplace and gig-economy platform built on the Hedera blockchain network. It connects clients with freelancers for on-demand tasks and services in a more efficient, transparent, and equitable Web3 environment. It acts as an alternative to traditional freelance websites by addressing issues such as high commission fees and slow payment settlements.
Taskbar facilitates payments in HBAR, USDC, and other Hedera-based tokens, enabling near-instant settlement directly to a freelancer's wallet. A key feature is its on-chain escrow system, where funds for a job are locked in a smart contract and released automatically upon successful completion of the task, ensuring security for both parties. It also boasts a gamified reputation system implemented to build trust and incentivize positive user behavior.
To enhance transparency and trust, Taskbar utilizes the Hedera Consensus Service (HCS) to create an immutable and auditable log of all critical platform activities, including task creation, proposals, and reviews. This forms the basis of a verifiable on-chain reputation system for freelancers.
Gaimin is a Swiss-based company founded in 2018. Its vision is to create the world's most powerful decentralised supercomputer by harnessing the collective power of the gaming community.
Gaimin's core product is a free-to-download PC application that runs in the background, detecting when a user's computer is idle and then utilizing its processing power for various tasks, such as AI model training, video rendering, and blockchain computations. In return for contributing their resources, gamers are rewarded with Gaimin's native cryptocurrency, GMRX. This creates a passive income stream for gamers and provides a cost-effective solution for businesses in need of high-performance computing. The Gaimin platform also serves as a game launcher and a hub for Web3 gaming, with an integrated marketplace for NFTs and other digital assets.
Gaimin uses the Hedera network to tokenise in-game assets as NFTs, allowing players to have true ownership of their digital items. One of the first games to be integrated with this system is a version of Minecraft called Gaimcraft, where users can create NFTs that are interoperable between the Gaimin marketplace and their Minecraft inventory.
Power Transition is a UK-based clean technology company founded in 2018. Its focus is on accelerating the global shift to a zero-carbon economy by providing a smart software platform that optimizes and decentralizes energy systems.
The core of Power Transition's service is its Digital Energy Platform, a revolutionary energy resource management system that uses distributed ledger technology (DLT) to enable the tokenization of energy. This platform provides a common language for energy transactions and trading, allowing millions of devices, from electric vehicles to smart home appliances, to become active participants in the energy system. Key services include Smart MicroGrid Services, which enable peer-to-peer energy trading within a community, and Electric Vehicle Integration Services, which provide a single point of billing and data validation for EV fleet operators.
Power Transition's entire platform is built on the Hedera network. It leverages the Hedera Token Service (HTS) and the Hedera Consensus Service (HCS), Power Transition to tokenize and energy use, providing a transparent and auditable record of all transactions.
Utherverse is a metaverse platform that enables developers to build interconnected virtual worlds. Based in Vancouver, Canada, the company provides tools for creating hyper-realistic, immersive experiences for consumers and offers opportunities for businesses to market and monetize their products and services within these virtual environments.
Its core services are centered around its metaverse-as-a-service offering. This includes a proprietary Web3 browser and metaverse search engine called Xaeon, which allows users to navigate and explore the "Virtual World Web". The Utherverse ecosystem is designed to support a wide range of business verticals, from virtual retail and entertainment to education and corporate offices. A key feature is the platform's robust virtual economy, which has processed billions of transactions and is powered by the native token, UTHR.
The platform also supports the creation and trading of functional NFTs (fNFTs), which are digital assets with in-world utility. Utherverse has a direct integration with the Hedera network, which is a core component of its transition to a Web3 architecture.