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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RealityPlus is a Web3-focused company developing innovative gaming and metaverse experiences. The company specializes in creating bespoke games, NFT marketplaces, and immersive online worlds for global brands, leveraging the Hedera blockchain platform.
A key aspect of RealityPlus' strategy involves several high-profile collaborations with AAA entertainment properties. These includes partnerships with BBC Studios to create the "Doctor Who: Worlds Apart" digital collectible card game and a "Top Gear" experience built within The Sandbox metaverse.
Another significant venture includes bringing the iconic Paul Frank character, Julius the Monkey, into the Web3 space with NFTs linked to physical merchandise. Reality Plus is also a core partner in the "RoadCode" project, an initiative with Immortal, Velon, and Hedera, aimed at revolutionizing the fan experience for professional cycling with support for major events including the Tour de France.
Reality Plus is a member of the HBAR Foundation and uses the Hedera network for all its Web3 projects with a focus on secure, transparent, and efficient Web3 solutions for major brand partners.
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Ping Identity is an identity and access management (IAM) solutions firm that was founded in 2002. It offers a comprehensive suite of services that enable secure and seamless digital experiences for employees, customers, and partners.
The core of Ping Identity's offering is the PingOne Cloud Platform, an identity-as-a-service (IDaaS) solution that provides a wide range of capabilities, including single sign-on (SSO), multi-factor authentication (MFA), and API security. A key product within this platform is PingOne for Individuals, which leverages the ShoCard digital wallet to give users control over their own verified personal data.
Ping Identity uses the Hedera blockchain network to provide security and immutable record-keeping.. The PingOne for Individuals solution is built on the Hedera distributed ledger, which is used to ensure that all verified credentials are tamper-proof and that all transactions are securely recorded. By leveraging Hedera's high-throughput and low-cost infrastructure, Ping Identity provides a scalable and reliable platform for managing digital identities.
AdsDax is a digital advertising platform founded in 2013 that aims to solve endemic problems in the advertising industry, such as fraud and a lack of transparency, by removing intermediaries and fostering direct, value-based connections between brands and consumers.
The core of AdsDax's service is a self-serve advertising platform that allows brands to create, buy, and sell advertising in a transparent environment. A key feature of their model is the use of incentivised experiences, where consumers are rewarded with digital assets for their engagement with advertising content. This approach, which leverages AI for campaign optimization, is designed to move beyond superficial metrics such as "likes" to drive authentic engagement and build brand loyalty. The platform supports a variety of ad formats, including interactive and video ads, and is utilised by major advertising agencies.
AdsDax uses the Hedera Consensus Service to track and verify millions of advertising events such as impressions, clicks, and conversions in real-time. Each event is recorded on the Hedera public ledger, creating an immutable and auditable trail that provides a single source of truth for advertisers and publishers. This allows for the automated and near-instantaneous settlement of payments to publishers and rewards to consumers using cryptocurrencies.