Circle's USD Coin (USDC), integrated with the Hedera network, offers a regulated, fiat-backed stablecoin pegged to the US dollar. This collaboration allows USDC to be minted natively on Hedera, leveraging the network's fast settlements (around 3-5 seconds), low transaction fees (typically $0.0001 to $0.001, paid in HBAR), and high scalability.
USDC on Hedera provides a trusted, stable, and reliable bridge for decentralized finance (DeFi) applications and end-users on the Circle and Hedera networks. Circle's increasingly popular suite of developer APIs offers full support for USDC on Hedera, facilitating its use in various applications including both payments and micropayments.
With USDC, enterprises and financial institutions have access to cross-platform liquidity and secure cross-border transactions. It’s currently used to facilitate payments and micropayments within applications such as Calaxy, Dropp, and Scintilla as well as to in support of numerous DeFi, NFT projects, and network bridge applications building on Hedera including SaucerSwap and Hashport.
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Venly is a blockchain technology provider that creates tools and services to help businesses and developers integrate Web3 functionality into their applications. Headquartered in Belgium, the company's mission is to make blockchain technology accessible to everyone by providing user-friendly and scalable solutions.
Its offerings include a Wallet-as-a-Service that allows for easy integration of secure, custodial wallets into any application, complete with social logins to simplify user onboarding. Venly also provides an NFT API for minting and managing digital assets, and an NFT Marketplace solution that can be integrated into any platform. These services are designed to be blockchain-agnostic, providing a high degree of flexibility for developers.
Venly has a direct integration with the Hedera network, offering its full suite of tools and services to developers building on Hedera. This partnership, supported by the HederaHBAR Foundation, allows for the seamless creation of wallets, as well as the minting and trading of NFTs on the Hedera network using Venly's tools.
Apache Log4j is an open-source, Java-based logging utility used by developers to record application events, errors, and operational data. It is a popular tool for debugging, system monitoring, and conducting audits across myriad Java platforms.
In the Hedera ecosystem, the log4j2-hedera repository offers a specific integration for Log4j 2.x and provides a custom appender that enables recording of logged events directly to the Hedera network via the Hedera Consensus Service (HCS). This allows applications to interact with HCS to submit their log entries, effectively writing them onto Hedera's distributed ledger.
The primary benefits of this integration include ensuring that logged data is distributed, secure, and transparent providing provable security. Furthermore, it guarantees the integrity and immutability of the recorded log information, as each entry is validated by Hedera’s consensus mechanism. This specialized appender provides a robust solution for applications requiring verifiable, tamper-resistant logging. This use case is distinct from how Hedera's core network software and provides additional verification.
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.
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