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.
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Immutable Holdings Inc. is a publicly traded digital asset company focused on increasing the awareness, access, and adoption of cryptocurrencies. Founded in 2017 and headquartered in San Juan, Puerto Rico, the company operates as a blockchain holding company, managing a portfolio of businesses within the digital asset ecosystem.
Key holdings include NFT.com, a platform for the non-fungible token (NFT) ecosystem, HBAR.com, a community portal for the Hedera network, and MyHBARWallet.com, an open-source wallet for Hedera's native token, HBAR. Immutable Holdings also provides educational resources through 1-800-Bitcoin, which offers masterclasses and other materials for those new to the crypto space.
Immutable Holdings is one of the core firms associated with the Hedera blockchain network. Its founder, Jordan Fried, was a member of Hedera’s founding team and Immutable Holdings is one of the largest public holders of HBAR. Its subsidiary, Immutable Asset Management, is dedicated to managing this strategic HBAR position.
Pangolin is a community-driven, multichain decentralized exchange (DEX) that was initially launched in 2021. As a DEX, Pangolin facilitates the automated, peer-to-peer trading of digital assets through the use of smart contracts, eliminating the need for a central intermediary. The platform is designed to offer a user-friendly experience with fast settlement times and low transaction fees.
Pangolin's core service is providing a platform for token swaps, where users can trade a wide variety of digital assets. In addition to simple swaps, It offers a range of decentralized finance (DeFi) tools, including liquidity pools, yield farming, and staking for its native governance token, PNG.
Originally built on Avalanche, Pangolin has expanded to become a multichain DEX, with deployments on several networks, including a significant integration with Hedera. This integration allows Hedera users to access a robust and established DEX for trading HTS tokens and other digital assets within the Hedera ecosystem.
Standard Bank Group, located in South Africa, is Africa's largest bank by assets and among the longest operating financial institutions on the continent having been founded more than 150 years ago. The Group offers a comprehensive suite of financial products and services via the Hedera blockchain including a wide array of payment processing solutions for both individuals and businesses.
The firm’s primary functions include facilitating transactional banking, lending, asset finance, merchant solutions, trade finance, and international payment services for its business and enterprise clients. Standard Bank also provides insurance and asset management services.
As a member of the Hedera Governing Council, Standard Bank provides enterprise-grade, secure transactions and digitized cross-border trade processes on the immutable Hedera distributed blockchain ledger.
Standard Bank is one of the leading Hedera-based service providers utilizing Hedera's Token Service (HTS) and Consensus Service (HCS). The primary focus of this collaboration is to improve transaction efficiency and reduce costs associated with international cross-border payments.
C14 is a financial technology company that provides a seamless fiat-to-crypto on-ramp solution for developers building on the Hedera blockchain network. Its core product is an easily embeddable widget that decentralized applications (dApps), wallets, and marketplaces can integrate directly into their platforms.
With C14's widget, users can purchase digital assets directly within the dApp they are using, employing familiar payment methods like credit or debit cards. The platform handles the entire transaction flow, including regulatory compliance aspects like Know Your Customer (KYC) checks, and delivers the purchased assets directly to the user's connected wallet. This creates a simple, "one-click" experience that significantly lowers the barrier to entry for mainstream adoption.