Upbit is cryptocurrency exchange based in South Korea with offices in Singapore, Indonesia, and Thailand. It is operated by Dunamu, a leading South Korean fintech company and is one of the the largest exchanges by trading volume on the Hedera network and in the south Asian market where it plays a crucial role in providing liquidity and accessibility for the Hedera blockchain network. Upbit is a primary on-ramp for the Hedera native cryptocurrency token, HBAR, through its secure, high-volume mobile apps offering real-time trading, diverse asset support, and robust security, especially in the South Korean cryptocurrency markets.

Upbit is known for its strong emphasis on security and regulatory compliance within South Korea's stringent framework. They have obtained numerous security certifications, including Personal Information and Information Security Management System (ISMS-P) and International Organization for Standardization / International Electrotechnical Commission (IOS/IEC), and employ advanced AI-driven fraud detection systems operated by dedicated anti-money laundering teams. 

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Accubits

Accubits is a full-service software provider founded in 2012. It specialises in leveraging cutting-edge technologies such as AI and blockchain to help a wide range of clients, from startups to Fortune 500 companies, accelerate their business growth.

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Accubits offers a comprehensive suite of services, including AI development, custom software creation, and blockchain solutions. The company has a proven track record of delivering enterprise-grade applications, such as AI-powered conversational tools, data analytics systems, and blockchain-based platforms for supply chain management and digital identity.

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The company is an official technology partner and systems integrator for Hedera and, as such, provides a full spectrum of development services for building and deploying decentralised applications (dApps) on the network. This includes custom dApp development, smart contract creation and auditing, and the tokenization of assets using the Hedera Token Service (HTS). This partnership allows Accubits to offer its clients the benefits of Hedera's high-throughput, low-cost, and secure infrastructure, further driving the adoption of enterprise-grade Web3 solutions.

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SCB TechX

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. 

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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.

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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. 

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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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5W Foundation

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Citadel Wallet

Citadel Wallet is a specialized hardware wallet designed to offer robust security and a seamless user experience for individuals interacting with the Hedera Hashgraph network. Its development was supported by HeadStarter's Builder Labs. 

It features a full suite of secure storage options focused on providing secure storage and transaction capabilities for Hedera's native cryptocurrency, HBAR, as well as Hedera Token Service (HTS) tokens and non-fungible tokens (NFTs). 

The Citadel Wallet device emphasizes high-grade security, incorporating features such as Common Criterial Evaluation Assurance Level 6+ (EAL8+) certified Secure Element and a secure microprocessor featuring Trust Zone technology to protect users' private keys offline. 

Citadel Wallet is engineered to support the full spectrum of Hedera network services, including native staking, interaction with smart contracts, and management of various Hedera-based assets. It also features a user-friendly interface and offers both USB-C and secure Bluetooth connectivity for flexible interaction with companion applications and decentralized applications (DApps) within the Hedera ecosystem.

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