Siki is a Los Angeles-based company founded in 2021 that is building a multimedia and social platform centered around music and NFTs. The company's mission is to create a more sustainable entertainment ecosystem where artists and curators can directly monetize their work and engage with their communities in new ways.
The Siki platform combines several key services into a single social ecosystem. It functions as an NFT music streaming service, allowing artists to mint their songs as NFTs and earn higher royalties compared to traditional streaming platforms. It is also an NFT marketplace, where users can buy, sell, and auction these music NFTs. The platform is designed to be a social hub where users can connect with each other and their favorite artists, with features like tipping and live streaming integrated directly into the NFT experience.
The Hedera Token Service (HTS) is used by artists on the Siki platform to mint their music as NFTs. This allows for efficient and low-cost creation and transfer of these digital assets. By building on Hedera, Siki can provide a secure, scalable, and environmentally friendly platform for its users to stream, trade, and engage with music in a novel way.
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The IBM Blockchain Platform was a short-term funding and technology project involving the Hedera blockchain network. While this specific project has evolved into an ongoing enterprise blockchain strategy, IBM remains intrinsically involved with the Hedera network as a member of the Hedera Governing Council.
This position provides IBM with a direct voice and vote in the governance of the Hedera public network, influencing its technical roadmap, policies, and overall strategic direction. As a council member, IBM also contributes to the network's operational integrity by running a consensus node.
This engagement with Hedera allows IBM to participate, offer insights and contribute to advancements which align with its broader interests in advancing enterprise-grade distributed ledger solutions (DLT). This involvement complements IBM's extensive work with permissioned blockchains and strengthens the partnership between Hedera and the broader technology industry while providing a holistic perspective on the evolving blockchain landscape for IBM’s global enterprise clients.
Mintbar is an open-source, trustless platform designed to simplify the creation of NFTs on the Hedera network. Its core service is a user-friendly, no-code interface for minting individual NFTs or entire collections.
The platform ensures that creators retain full control over their assets by allowing them to define all keys and permissions during the minting process. It adheres to the HIP-412 metadata standard, which guarantees that all NFTs created on mintbar are compatible with major Hedera wallets and marketplaces. The platform also integrates with IPFS via the nft.storage service, ensuring that all media and metadata files are stored in a decentralized and redundant manner at no cost to the user.
mintbar is built exclusively on and for the Hedera network. It utilizes the Hedera Token Service (HTS) for all NFT minting, taking advantage of Hedera's high speed, low, predictable fees, and protocol-enforced royalties. This direct integration with Hedera's native services provides a highly efficient and cost-effective solution for creators.
MetaStable is a decentralized finance (DeFi) platform that aims to provide a secure, private, and compliant environment for trading synthetic assets. The company is focused on leveraging advanced cryptographic techniques to solve some of the key challenges in the DeFi space, such as high slippage, impermanent loss, and regulatory uncertainty.
The core of MetaStable's service is its Automated Market Maker (AMM), which is designed to facilitate the trading of synthetic assets with minimal price impact. A key feature of the platform is its use of Zero-Knowledge Proofs (ZKPs), which allows for the verification of transactions without revealing the underlying data. This provides a high degree of privacy and confidentiality for users. The platform also includes a "DeFi Firewall," a proprietary technology that helps to ensure regulatory compliance by preventing illicit funds from entering the ecosystem.
MetaStable’s "chain-agnostic" design and support for EVM-compatible DLTs allows it be interoperable with various networks including the Hedera blockchain.
Ping Identity is an identity and access management (IAM) solutions firm that was founded in 2002. It offers a comprehensive suite of services that enable secure and seamless digital experiences for employees, customers, and partners.
The core of Ping Identity's offering is the PingOne Cloud Platform, an identity-as-a-service (IDaaS) solution that provides a wide range of capabilities, including single sign-on (SSO), multi-factor authentication (MFA), and API security. A key product within this platform is PingOne for Individuals, which leverages the ShoCard digital wallet to give users control over their own verified personal data.
Ping Identity uses the Hedera blockchain network to provide security and immutable record-keeping.. The PingOne for Individuals solution is built on the Hedera distributed ledger, which is used to ensure that all verified credentials are tamper-proof and that all transactions are securely recorded. By leveraging Hedera's high-throughput and low-cost infrastructure, Ping Identity provides a scalable and reliable platform for managing digital identities.