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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Tune.FM is a decentralized music streaming platform and NFT marketplace built on the Hedera network. It’s designed to upend and modernize the music industry's traditional compensation model. Its core mission is to enable transparent, secure, and instant artist payments while fostering direct connections with fan communities.
The Tune.FM platform is built on the Hedera blockchain network and utilizes the Hedera Token Service (HTS) for its native JAM token ($JAM), which relies on embedded Hedera features to facilitate real-time micropayments for artists, who are compensated for every second their music is streamed.
Tune.FM’s "play-to-earn" model features high speed processing with comparatively low fees, thus potentially allowing artists to retain a significantly greater portion of their earnings when compared to traditional streaming platforms.
Beyond streaming, Tune.FM features an integrated NFT marketplace where artists can mint and sell digital music collectibles including songs, albums, artwork, and exclusive fan experiences such as backstage passes via JAM tokens. For listeners, Tune.FM offers a platform for new music discovery, direct artist interactions and support, and a way to earn JAM tokens through fan engagement.
Pyth Network is a first-party financial oracle network that supplies extremely low-latency real-world price data across crypto, equities, forex, commodities, and ETFs. In February 2024 the Pyth catalog of over 400 price feeds was launched on Hedera via a partnership with the HBAR Foundation, giving developers permission-less access to real-time data and confidence intervals to improve DeFi risk management. HLiquity, a decentralized borrowing protocol on Hedera, became the first application to integrate these feeds to ensure accurate pricing and proper collateralization.
Medical Value Chain (MVC) is a Bahrain-based subsidiary of AVC Global. It provides a track-and-trace platform for pharmaceutical supply chains to ensure regulatory compliance and combat counterfeit drugs. MVC's innovative financial model is funded by the pharmaceutical industry, meaning there is no cost to governments or citizens.
MVC's core product is the SmartPass, a platform built on a dual-blockchain architecture that integrates with GS1 global serialisation standards. This technology creates a transparent and immutable record of pharmaceutical products as they move through the supply chain, from manufacturer to consumer. SmartPass is designed to provide "absolute transparency," protecting against counterfeit medications, improving supply chain efficiency, and reducing fraud. A key component of this system is the OneScan feature, which allows for the verification of product authenticity.
The company utilises the Hedera Consensus Service (HCS) to create a verifiable and auditable log of all supply chain events. This "dual immutable distributed ledger technology" provides a high level of security and transparency, ensuring the integrity of the data.
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.