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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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.
Bonzo Finance is an open-source, non-custodial lending and borrowing protocol built on the Hedera network. It is a fork of the popular Aave v2 protocol and is designed to serve as "The Liquidity Layer" for the Hedera DeFi ecosystem.
The core of Bonzo Finance's service is its decentralized platform that allows users to lend and borrow a variety of cryptocurrencies, with a focus on HBAR, native USDC, and other Hedera ecosystem assets. Users supply crypto to the protocol to earn interest, provide liquidity, and as collateral for loans.
Bonzo Finance also offers "flash loans," which are uncollateralized loans that must be repaid within a single transaction. It has its own governance token, $BONZO.
Bonzo Finance is built on the Hedera Smart Contract Service, and it is designed to be fully compatible with the Hedera Token Service (HTS). It also utilizes the Hedera Consensus Service (HCS) for its verifiable points and rewards program.
Tribe Accelerator is a Singapore-based, government-backed blockchain accelerator that is focused on supporting later-stage startups, helping them bring their innovative products to market by providing a "hyperconnected platform" of multinational corporations, government agencies, and top technology companies.
Tribe's core service is its accelerator program, which takes a product-focused approach to helping startups scale. The program provides participating companies with a wide range of support, including dedicated masterclasses on topics like fundraising and marketing, technical mentorship from industry experts, and exclusive networking opportunities.
Tribe has partnered with Hedera to support the growth of the Hedera ecosystem in Singapore and the broader Asian market. This includes providing mentorship and resources to startups that are building on the Hedera network, as well as working to connect these startups with Tribe's extensive network of corporate and government partners. This collaboration is a key part of Tribe's mission to drive the widespread adoption of blockchain technology and foster innovation in the Web3 space.
Hyperstack is a Web3 company developing the "Credential Cloud" platform for issuing, managing, and verifying smart, secure, and immutable digital credentials. Its mission is to revolutionize digital identity by providing a no-code, high-impact framework that can be used by a wide range of organizations, from educational institutions to corporations.
The core of Hyperstack's service is its comprehensive credential management platform. This includes a design studio for creating custom-branded digital certificates and badges, tools for issuing credentials at scale, and a secure digital wallet for recipients to store and share their credentials. A key feature of the platform is its robust analytics dashboard, which allows issuers to track engagement with their credentials, providing valuable insights into their reach and impact. The platform is also designed for seamless integration with existing systems, such as Learning Management Systems (LMS) and HR platforms.
Hyperstack's entire platform is built on the Hedera network. It uses the Hedera Token Service (HTS) to mint credentials as NFTs, providing a secure and efficient way to manage their ownership and transfer.