The InterWork Alliance (IWA) is an organization focused on simplifying and standardizing the use of token-powered services for businesses. As an initiative of the Global Blockchain Business Council (GBBC), the IWA works to create a common language and framework for tokenized assets, which allows different blockchain networks and applications to work together seamlessly.

‍

The alliance's primary mission is to empower organizations to adopt and use token-based distributed services in their day-to-day operations. To achieve this, the IWA has developed several key frameworks, including the Token Taxonomy Framework (TTF), which provides a common set of definitions and standards for tokens of all types. The IWA also has a strong focus on sustainability, with task forces dedicated to creating standards for Voluntary Ecological Markets and Carbon Emission Tokens.

‍

The Hedera network and its ecosystem partners are active members and contributors to the InterWork Alliance. Hedera has collaborated with the IWA on its Sustainability Working Group, and several applications built on Hedera are designed to be compliant with the IWA's standards.

‍

The Aria Network is an integrated media company founded in 2018 and based in Los Angeles, California. Its focus is on creating immersive digital experiences that bridge the gap between physical and virtual assets. Aria works with global brands, sports leagues, and celebrities to develop new forms of engagement through augmented reality and other digital technologies.

‍

Aria's primary product is the Aria Exchange, a platform for non-fungible tokens (NFTs). A key feature of the exchange is the concept of "living NFTs," which allows creators to continuously add new content and value to a token after its initial purchase. The platform is designed to be carbon-negative, tracking the carbon footprint of each transaction and offsetting it through partnerships.

‍

The Aria Exchange is built with a direct and foundational connection to the Hedera network. Every NFT minted and traded on the Aria Exchange is securely stored on the Hedera distributed ledger. This integration provides an immutable and transparent record of ownership and transaction history for every digital asset.

‍

Bitcarbon is a digital asset created by Diamond Standard, founded in 2018. Bitcarbon functions as the governance token for the "Carats" ecosystem, which is a system of commodity tokens backed by physical Diamond Standard Coins and Bars held in secure vaults.

‍

The core product is a fungible and transparent diamond commodity, which is tokenised to create liquidity in the previously illiquid diamond market. Each "Carat" token represents a fractional ownership of a Diamond Standard commodity, providing a trustless store of wealth that can be used for payments. The Bitcarbon token, in turn, governs the Carats smart contract and earns revenue from the transaction and custody fees generated by the Carats ecosystem. This creates a unique digital asset that is intrinsically linked to the value and utility of a physical, real-world asset.

‍

Bitcarbon and the entire Diamond Standard ecosystem are deeply integrated with the Hedera network. The company uses the Hedera Token Service (HTS) to mint and manage its digital assets, including the tokens that represent ownership of the physical diamond commodities.

‍

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.

‍