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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Hashlog is a data verification service that leverages the Hedera Consensus Service (HCS) to create immutable events or data logs. It enables applications and enterprises to submit messages to the HCS, where each message receives a consensus timestamp from the Hedera network, ensuring its integrity and order. This process provides a secure and transparent "proof-of-action" or "proof-of-event" capability.
Its core functionality offers a data trail for on-chain information. Once data is logged via Hashlog to the HCS, it cannot be altered or retrospectively tampered with, providing a high degree of data integrity. This is particularly useful for use cases requiring regulatory compliance, dispute resolution, or the tracking of critical operational processes. Developers integrate Hashlog systems using APIs or SDKs.
By utilizing Hedera, Hashlog provides decentralized trust, cryptographic verification, and public accessibility (if desired) for the logged information. Its applications span across multiple domains, including supply chain management for tracking goods, IoT data streams for device event verification, and legal tech for timestamping documents.
Beem is a versatile Australian digital wallet owned by Digital Wallet Pty Ltd and now part of Australian Payments Plus, a member of the Hedera Governing Council and the collective that also includes BPAY Group, eftpos and NPP Australia.
It enables Australians to pay, request, transfer and split money instantly by using familiar contact names instead of BSB and account numbers. The app also supports BPAY for bill payments and offers features such as rewards and cashback through Beem Rewards and Cashrewards, loyalty and gift card storage, animated stickers and group expense management.
Eftpos acquired Beem in 2020 to expand into digital wallet services and leverage its payments infrastructure for faster growth. Since then it has been downloaded more than 1.4 million times and has facilitated over US 1 billion in transactions. Australian Payments Plus operates a Hedera network node in Australia and has trialled the Hedera Consensus Service and an Australian dollar based stablecoin to enable secure and low cost micropayments, providing a potential foundation for future Beem innovations.
Union Finance is a non-KYC peer-to-peer permissionless protection marketplace that allows users to mitigate risks associated with decentralized finance (DeFi) through the purchase of downside protection services. It also offers users the option to provide liquidity to the platform for the purpose of earning premiums from those seeking protection. Union’s state-of-the-art protocol has integrated capabilities built to secure multi-layer risks across smart contracts and protocols in a single-stop scalable system.
Union Finance’s platform offers distinct products to address different risk scenarios. These include C-OP (collateral optimization and volatility protection), a service aimed at mitigating the risks associated with holding cryptocurrencies over extended periods, and U-CDS (Union crypto default swaps), which provide protection against specific adverse events such as smart contract exploits and oracle attacks.
The firm’s services are targeted towards individuals and entities involved in the DeFi space who require tools to safeguard their investments and strategies over both short and long-term programs.
Union Finance has established a range of partnerships across the blockchain and DeFi ecosystem, including UniLend, Waves, Avalanche, BlockScience, Kleros, and Router, as well as the Hedera blockchain network.
Tejouri is a highly secure digital vault platform designed for the storage and management of sensitive personal and corporate documents. Launched by Moro Hub, a subsidiary of Digital DEWA (Dubai Electricity and Water Authority), Tejouri provides a trusted environment for users to safeguard their most vital information, including passports, financial records, contracts, and health data. The platform combines secure, UAE-based data centers with the transparent trust layer of a public distributed ledger.
The core of Tejouri’s advanced security model is its integration with the Hedera blockchain network. While the actual documents are stored securely off-chain, every critical action performed within the vault, such as uploading a file, sharing a document, or executing a digital signature, is recorded on the Hedera Consensus Service (HCS). This process creates an immutable and publicly verifiable audit trail. A cryptographic fingerprint (hash) of the event is logged on the Hedera ledger, providing a permanent, tamper-proof timestamp and record of the transaction.