WiCoin is a stablecoin launched by WiPay, a financial technology company with offices in Africa, the Caribbean, Columbia, and the US. It was launched to address the challenges of cross-border remittance and financial exclusion in its operational regions. It was built on the Hedera network utilizing the Hedera Token Service (HTS) and Hedera Smart Contract Service (HSCS) and is pegged to the US dollar.
It forms the backbone of the WiCoin Settlement Network, designed to create a unified system for transactions across numerous Caribbean islands, each with its own currency. It also extends into African markets and currencies.
The primary goal of WiCoin is to "bank the bankless" by providing an accessible and efficient means for cross-border payments and settlements by leveraging Hedera's fast transaction speeds, low and predictable fees, and robust security through its asynchronous byzantine fault tolerance (ABFT).
WiPay is supported by the Hedera HBAR foundation and seeks to enhance financial inclusion and streamline economic activity in underserved regions by providing a locally-accessible bridge between traditional banking services and low-cost, speedy digital transactions.
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Xeni is a travel technology company that provides a white-label platform for online resellers. Its mission is to simplify the process of buying and selling travel by unifying booking, inventory, payments, and customer management on a single platform. Xeni powers travel platforms for a range of enterprises, including “super apps,” payment gateways, event organizers, travel clubs, host agencies, and travel professionals.
The platform's infrastructure is built on the Hedera blockchain network enabling features including a predictable fee structure, bank-grade security, high throughput, and scalability. Bookings made on the Xeni platform are tracked, stored, and settled on the immutable Hedera ledger. This on-chain recording of financial dealings includes commission payments and related user fees.
Xeni's B2B solution allows subscribers to instantly launch online travel businesses with a booking engine, access to bookable inventory at wholesale rates, custom markup tools, and a built-in CRM system. Travelers using Xeni-powered sites can pay in fiat or cryptocurrency.
Choice is a financial technology company founded in 2020 that offers a platform for investing in both digital and traditional assets within a tax-advantaged retirement account. The company's mission is to provide investors with greater freedom and choice over their retirement savings, breaking away from the limitations of conventional Individual Retirement Accounts (IRAs).
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Datahash, formerly known as Entrust, is Australia's pioneering full-service agricultural supply chain platform. Focused on combating the estimated $3 billion annual global wine fraud, Datahash leverages distributed ledger technology (DLT) to ensure the authenticity and traceability of agricultural products from origin to consumer.
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