.png)
Versal is a comprehensive digital asset platform providing a suite of vertically integrated tools for businesses to build and scale payment solutions using cryptocurrency. The platform is designed to bridge traditional finance with the digital asset economy, offering modular products that enable companies to manage operations, store assets, and create modern payment flows. Its core offerings include Payments, Vault, Network, and Tokenization services.
The Versal Payments module allows businesses to easily accept and disburse digital asset payments across more than 30 blockchain networks. It provides conversion-optimized checkout experiences, invoicing solutions, and e-commerce plugins. Versal Vault is a digital asset custody solution for developers, supporting both MPC and multi-sig security methods to mass deploy and manage non-custodial wallets. The Versal Network facilitates compliant fund transfers between licensed financial entities, while Versal Tokenization allows for the creation and management of new digital assets.
As a multi-chain platform, Versal supports a wide array of networks, including Hedera. This integration means that businesses using Versal’s infrastructure can offer their customers payment and payout options using HBAR and other Hedera-based tokens.
Project Information
Related Projects
Armanino is one of the largest independent accounting and business consulting firms in the US. Founded in 1953, it provides a wide range of financial services, including audit, tax, and advisory, to a diverse client base that includes publicly traded companies, non-profit organizations, and high-net-worth individuals.
Armanino’s TrustExplorer platform is designed to increase transparency and trust in the world of digital assets. Its flagship service is its Real-Time Attest solution, which provides independent, on-demand reports on the reserves backing stablecoins and other asset-backed tokens. TrustExplorer also includes a Trusted Node service, which provides a reliable and auditable source of data from various blockchain networks.
The company has a deep and strategic partnership with the Hedera network. Armanino operates a Trusted Hedera Mirror Node, which provides a secure and reliable source of data for Hedera ecosystem participants and their financial auditors. This service is a key component of Armanino's efforts to provide enterprise-grade trust mechanisms for the digital asset economy.
W3C Decentralised Identifiers (DIDs) are a new type of globally unique identifier designed to enable verifiable, decentralised digital identity. As a formal web standard published by the World Wide Web Consortium (W3C), the DID architecture is a foundational component for building a more secure and user-centric internet.
Unlike traditional identifiers such as email addresses or usernames, DIDs are not tied to any centralised registry or company. This means that individuals and organisations can create and control their own identifiers, giving them "self-sovereign" control over their digital identities. The core of the system is the DID Document, a JSON file that contains the cryptographic keys and service endpoints associated with a DID. This document is stored on a distributed ledger or other decentralised network, allowing for secure and verifiable interactions.
The Hedera Consensus Service (HCS) is used to create a tamper-proof and auditable log of all DID-related events, such as creation, updates, and revocation.
Ledger is a Paris-based digital assets security firm. Its core products are its hardware wallets, most notably the Ledger Nano series. These devices are designed to store private keys in a secure, offline environment, protecting them from online threats.
Ledger also provides the Ledger Live application, an all-in-one platform that allows users to manage digital assets, buy, sell, and swap cryptocurrencies, and access a wide range of DeFi and Web3 services. For institutional clients, Ledger Enterprise provides a comprehensive, customizable infrastructure for safeguarding digital assets at scale.
The Ledger Nano S Plus and Nano X hardware wallets support Hedera’s HBAR token, allowing users to securely store their assets. Through the Ledger Live app, users can create a Hedera account, manage their HBAR, and interact with the Hedera ecosystem. This integration also extends to staking, as users can connect their Ledger device to third-party wallets such as HashPack to participate in HBAR staking.
HLiquity is a decentralized borrowing protocol built and deployed on the Hedera blockchain network. It offers users a method to take out loans against their HBAR collateral and enables HBAR holders to access liquidity in the form of a USD-pegged stablecoin without selling held HBAR assets.
The core mechanism allows users to deposit HBAR into a smart contract to mint the protocol's stablecoin to obtain interest-free loans with a one-time borrowing fee. HLiquity operates on a system of over-collateralization, requiring borrowers to maintain a collateral ratio above a specified minimum to secure their debt.
A key component of the protocol is the Stability Pool, where users can deposit the HLiquity-issued stablecoin. These deposits are used to absorb debt from liquidated positions, and Stability Pool providers are compensated with a share of the liquidated HBAR collateral. HLiquity aims to provide a capital-efficient and censorship-resistant borrowing solution within the Hedera DeFi ecosystem.