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).
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Bambu Wallet is a digital finance platform that provides accessible and culturally relevant financial tools. The company focuses on addressing the specific needs of the Latino demographic, aiming to foster financial inclusion and help users build wealth and achieve their financial goals.
The core of Bambu's offering is a digital wallet that integrates banking, payments, and investing into a single, user-friendly application. Key services include FDIC-insured checking accounts with no overdraft fees, early access to paychecks, and the ability to send money to over 18 countries in Latin America. Bambu also offers a unique "Round Up" feature that automatically invests spare change from everyday purchases into a diversified portfolio, making it easier for users to start investing with small amounts. The platform is designed to be bilingual, supporting both Spanish and English, to better serve its target audience.
Bambu leverages the Hedera network to enhance the speed and reduce the cost of its cross-border remittance services. By using Hedera's distributed ledger technology, Bambu can offer faster and more transparent international money transfers.
Hyland is a leading content services provider founded in 1991 and headquartered in Westlake, Ohio. It develops software solutions that help organizations manage content, automate processes, and make more informed decisions. Hyland serves a wide range of industries, including healthcare, financial services, government, and manufacturing, with a global presence and a large, diverse customer base.
The company's core offering is a suite of content services platforms, most notably OnBase, which is designed to be a single enterprise information platform for managing content, processes, and cases. Hyland's services include intelligent document capture, workflow automation, case management, and secure document archiving. A key product is Hyland Credentials, a solution that uses blockchain technology to issue and verify digital records, such as academic transcripts and professional certifications, in a secure and tamper-proof manner.
The company's blockchain solutions are built on the open-source Blockcerts standard, which is designed to be blockchain-agnostic, thus allowing for interconnectivity with the Hedera blockchain network.
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GetEnergy is a green fintech company operating a B2B distribution platform for renewable electricity. The company’s core mission is to create a smart and cost-efficient marketplace that connects renewable energy generators directly with suppliers and consumers.
The platform functions by acquiring electricity from renewable generators through Power Purchase Agreements. The acquired electricity is then digitized, or "tokenized," on the company's proprietary platform, where each token represents 1 kWh of energy. This process utilizes proven Distributed Ledger Technology (DLT) and smart contracts to facilitate the sale and settlement of energy transactions. This DLT-based approach aims to reduce electricity costs by removing traditional intermediaries from the value chain.
Key features of the GetEnergy platform include providing users with “fully traceable green certificates" and guaranteeing transparency and faster settlement times for all transactions. The platform also incorporates advanced AI and machine learning models for forecasting services to optimize energy load and imbalance management.
RAK DAO (Ras Al Khaimah Digital Assets Oasis) is a government-supported free zone in the United Arab Emirates, launched in 2023. It is the world's first and only free zone exclusively dedicated to digital and virtual asset companies. The initiative is designed to create a vibrant ecosystem for Web3, blockchain, AI, and other emerging technologies, positioning Ras Al Khaimah as a global hub for innovation.
RAK DAO provides a comprehensive suite of services and infrastructure to support the growth of digital asset companies. This includes a robust and transparent legal framework, a variety of licensing options (including for freelancers and digital nomads), and access to a network of partners, VCs, and academic institutions. The free zone offers a range of facilities, from co-working spaces to dedicated offices, and provides professional services to assist with everything from company setup to ongoing operations.
The Hedera Foundation, which fuels the growth of the Hedera ecosystem, is a key partner of RAK DAO. This strategic alliance provides RAK DAO members with direct access to the Hedera network, including grant programs and technical support.