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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BitGo is a leading provider of secure and regulated digital asset financial services within the Hedera ecosystem. Founded in 2013, BitGo pioneered the multi-signature wallet, setting an industry standard for digital asset security. They offer a comprehensive suite of services, including qualified custody, staking, trading, and core infrastructure for institutional clients across 50 countries.
It is a member of the Hedera Governing Council and an active contributor to the network's direction and development. BitGo also serves as a backbone technology provider for the network where it runs several Hedera mirror nodes and supports innovation across the entire ecosystem.
BitGo provides institutional-grade security for Hedera Token Service (HTS) tokens leveraging its multi-signature technology and cold storage solutions to protect client assets. It is regulatory compliant with a verified MiCA license in the EU and operational licenses in New York, Germany, Singapore, and more. Its services include real-world tokenization, settlement, and payment verticals among numerous others.
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Danae is a digital art company that provides a platform for contemporary art within the Web3 space. Its primary focus is on curating and presenting high-quality digital artworks from established artists and galleries, merging traditional art world practices with new technologies.
The main service offered by Danae is its NFT marketplace, which facilitates the sale and authentication of contemporary art as non-fungible tokens. The platform's services include expert curation, ensuring that all works in its collection meet a standard of artistic excellence. A key feature is the use of blockchain technology to provide transparent and secure art authentication, making the provenance and ownership of a digital artwork easily verifiable. This allows collectors, galleries, and curators to connect and transact with a higher degree of confidence.
Danae's platform is multi-chain, with a direct integration with the Hedera network. The company utilises the Hedera Token Service (HTS) for the minting of its NFTs.
BankSocial is a global financial technology firm working to bridge traditional financial (TradFi) systems with emerging digital asset technologies. It utilizes artificial intelligence, machine learning, and distributed ledger technology (DLT), on the Hedera blockchain network.
The company offers a suite of integrated financial products and services designed for both individuals and enterprise financial institutions, with a specific focus on credit unions and their members. Key offerings include a self-custody crypto exchange, know your customer (KYC) user verification solutions, lending services, and the $BSL token, which offers staking with potential stablecoin rewards. Its ecosystem also encompasses a payments hub, fraud management tools, a digital wallet, and custom software and API development.
Its focus on the credit union sector allows it to provide partners with technology bridging TradFIi with Web3 and offers secure self-custody for cryptocurrency holdings and access to a suite of DeFi tools through a user-friendly interface.
The firm holds a Money Services Business (MSB) registration with the US Treasury’s Financial Crimes Enforcement Network (FinCEN) and Canada’s FINTRAC through Fivancial Inc.
BankSocial also developed the Secura platform, in collaboration with Hedera, which focuses on real-time fraud monitoring and asset recovery in the Web3 space.