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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Hyperstack is a Web3 company developing the "Credential Cloud" platform for issuing, managing, and verifying smart, secure, and immutable digital credentials. Its mission is to revolutionize digital identity by providing a no-code, high-impact framework that can be used by a wide range of organizations, from educational institutions to corporations.
The core of Hyperstack's service is its comprehensive credential management platform. This includes a design studio for creating custom-branded digital certificates and badges, tools for issuing credentials at scale, and a secure digital wallet for recipients to store and share their credentials. A key feature of the platform is its robust analytics dashboard, which allows issuers to track engagement with their credentials, providing valuable insights into their reach and impact. The platform is also designed for seamless integration with existing systems, such as Learning Management Systems (LMS) and HR platforms.
Hyperstack's entire platform is built on the Hedera network. It uses the Hedera Token Service (HTS) to mint credentials as NFTs, providing a secure and efficient way to manage their ownership and transfer.
Hala Systems is a social enterprise founded in 2015 that develops advanced technology to protect civilians in conflict zones. Its mission is to reduce violence and provide accountability through the creation of early warning systems and tools for documenting war crimes.
The company's flagship product is Sentry, an AI-powered early warning system that predicts and warns civilians of impending threats, such as airstrikes. Sentry uses a network of remote sensors and real-time data to provide warnings, giving people crucial time to find safety. The system has been deployed in Syria, where it has been credited with significantly reducing casualties. In addition to its warning capabilities, Hala Systems also focuses on accountability, developing tools that allow for the secure collection of evidence of war crimes.
To ensure the integrity of the data collected, such as photos and videos of potential war crimes, Hala uses the Hedera Consensus Service (HCS) to create a tamper-proof and cryptographically secure record of the evidence. Each piece of media has its metadata logged on the Hedera network, creating a verifiable and immutable audit trail.
Archax provides institutional-grade tokenization services and a professional marketplace for digital securities and tokenized real-world assets (RWAs). It was the first firm of its kind to receive authorization under the United Kingdom’s Financial Conduct Authority (FCA), an independent regulatory body overseeing fair, safe financial activities.
As an FCA-regulated digital securities exchange, broker, and custodian, Archax enables the conversion of traditional assets such as cash, equities, bonds, commodities, money market funds, and debt into tradable digital tokens. It services include assets from major institutions such as State Street, Fidelity International, BlackRock, and LGIM.
Archax's regulated framework provides a compliant environment for issuing, trading, and securing these tokenized assets on the Hedera blockchain. It operates a multilateral trading facility (MTF) for fully liquid tokens and a “bulletin board” for assets in earlier stages of liquidity. Through its numerous offerings, Archax serves as a bridge enabling institutional access and transactions in a secure, regulated, and transparent digital format.
SaucerSwap is a decentralized exchange (DEX) and automated market maker (AMM) protocol built on the Hedera blockchain network. It provides permissionless swapping services for Hedera Token Service (HTS) tokens.
The platform allows users to trade between Hedera-based assets and enables users to become liquidity providers by depositing HTS tokens into liquidity pools where they earn a share of the trading fees generated by those pools. Additionally, it offers yield farming programs which allow liquidity providers to stake LP tokens for further rewards.
SaucerSwap has its own native asset, the SAUCE token, which is used for platform governance through a decentralized autonomous organization (DAO) as well as for staking and incentivizing liquidity. The platform aims to be a foundational component of the DeFi landscape on Hedera by providing essential infrastructure for token exchange and liquidity services to the network's users and developers. It also prioritizes user and network security through decentralized management and third-party security audits for smart contracts.