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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Safe Health Systems is a digital health and connected diagnostics company. In collaboration with Mayo Clinic, Safe Health developed the SAFE platform. The company's mission is to empower individuals, private-sector organizations, and governments with technology that facilitates decentralized care models and improves patient outcomes on a large scale.
The company provides a comprehensive Connected Care Platform that enables the rapid deployment of specialized digital health applications. Key services include integrated at-home and point-of-care diagnostic testing, remote patient monitoring, and telehealth experiences. The platform is designed for interoperability, allowing it to connect with and integrate siloed health data from various systems, including Electronic Health Records (EHRs). Safe Health also developed HealthCheck, a smartphone and desktop app.
The company utilizes the Hedera Consensus Service (HCS) to create an immutable and verifiable log of patient information and unique health identifiers. This integration allows Safe Health to provide a high level of trust and data integrity for all stakeholders. By logging events and health records on the Hedera network, Safe Health can cryptographically prove the authenticity of data in real-time while preserving patient privacy, meeting regulatory compliance standards like HIPAA, and ensuring a secure foundation for its digital health solutions.
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.
Abra is a global digital asset financial services firm that provides a suite of products for individuals and institutions to invest in and manage cryptocurrencies. Abra operates several distinct business lines to cater to a diverse clientele, from retail investors to high-net-worth individuals and large financial institutions.
For individual investors, the Abra app offers a user-friendly mobile platform to buy, sell, trade, and earn yield on a wide variety of digital assets. For more sophisticated clients, Abra Private delivers a concierge-style wealth management service, providing tailored strategies for managing large digital asset portfolios. For institutions, Abra Prime offers prime brokerage services, including secure trading, borrowing, and lending solutions.
A key aspect of Abra’s identity within the Web3 ecosystem is its role as a founding member of the Hedera Governing Council. In this capacity, Abra helps oversee the governance and strategic direction of the Hedera network, contributing to its stability and long-term vision.
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.