StraitsX is digital payment infrastructure provider and stablecoin issuer licensed by the Monetary Authority of Singapore (MAS) as a major payment Institution. It aims to bridge traditional finance (TradFi) with the digital asset economy, offering solutions for businesses and individuals to access and utilize digital currencies.
It’s primarily known for its stablecoins, which include XSGD, a token pegged to the Singapore dollar, XIDR a token pegged to the Indonesian rupiah, and XUSD, which is pegged to the US dollar. These stablecoins are designed to maintain a 1:1 synchronicity with their respective fiat currencies and feature reserves held in licensed financial institutions.
StraitsX emphasizes transparency and regulatory compliance, with each of its stablecoins issued in accordance with MAS frameworks.
The firm’s solutions support multi-chain operations, with its stablecoins available on various blockchain networks including Hedera, enabling faster, scalable, and cost-effective transactions. The company provides APIs for seamless integration, which allow businesses to accept payments, facilitate payouts, and conduct blockchain transactions.
StraitsX also offers personal and business accounts for minting, issuing, redeeming, and transacting with its proprietary stablecoins. It is currently partnered with various financial institutions including RedotPay and Visa to enable digital asset spending via card programs.
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DeraGods is a unique digital collectibles game centered around a collection of 303 distinct non-fungible tokens (NFTs) dubbed "gods" which are minted on the Hedera Hashgraph network. It features an immersive and engaging world-building experience within a bespoke metaverse for its community of holders. Acquiring a DeraGods NFT grants access to the in-game decentralized Web3 environment where participants can contribute to building and securing virtual assets.
A distinctive feature of the DeraGods ecosystem is its "faith scale tax system," which rewards NFT holders based on their level of engagement and commitment to the project. Users can earn faith by following the project’s “commandments” which include directives to engage with and share social media content related to the project, recruiting new members, spreading positive commentary about the Hedera ecosystem, and using Hedera-based tokens and blockchain services to conduct cryptocurrency transactions.
A percentage of all DeraGods NFT sales will go toward purchasing and building virtual assets such as virtual real estate, DApps, liquidity pools, and games.
Envision Blockchain is a consulting and development firm specializing in distributed ledger technology (DLT) solutions for enterprises and public sector organizations. The company's expertise covers various DLT use cases, with a notable emphasis on sustainability initiatives, such as systems for renewable energy credits and carbon emissions tracking. Other key areas of focus include enhancing supply chain traceability, developing digital identity solutions, and improving secure data management practices.
Envision Blockchain leverages the Hedera blockchain network’s services, including the Hedera Consensus Service (HCS), Hedera Token Service (HTS), and Hedera Smart Contract Service (HSCS), to build its solutions. Its service offerings range from initial strategy consulting and DLT architecture design to custom application development and the integration of blockchain solutions with existing enterprise systems. Envision Blockchain often participates in open-source initiatives and contributes to the development of DLT standards. The firm aims to accelerate the adoption of DLT by creating impactful applications that deliver tangible benefits.
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