CoinDesk 2025-03-31 13:24:19

Hashgraph Sees Q3 Debut for Hedera-Based Institutional Private Blockchain

Hashgraph, the blockchain development firm focusing on the Hedera ( HBAR ) network, is building a private, permissioned blockchain for enterprises in highly regulated industries with plans to debut in the third quarter of 2025. HashSphere, built with Hedera's technology, aims to bridge private and public distributed ledgers, ensuring compliance with regulations while maintaining interoperability, the company said Monday . Hashgraph is looking to provide services to asset managers, banks and payment providers seeking secure, low-cost cross-border transactions with stablecoins. While public blockchains offer security and transparency, enterprises in industries like finance and payments often face compliance challenges, particularly with know your customer (KYC) and anti-money laundering (AML) requirements. HashSphere addresses this by restricting access to verified participants, enabling firms to develop tokenized assets, AI-powered services and other blockchain-based products while meeting regulatory standards. "From the start, the vision for Hedera has been to create 'shared worlds' —interconnected networks where enterprises can leverage the power of DLT [distributed ledger technology] without compromising privacy or control," said Andrew Stakiwicz, head of solutions at Hashgraph, in the release. The network also integrates Hedera’s existing tools, including the Token Service for managing digital assets and the Consensus Service for recording transactions with trusted timestamps. The platform is compatible with the Ethereum Virtual Machine (EVM), allowing developers to deploy decentralized applications using Solidity and other EVM languages. Hashgraph said it is currently working with early partners including Australian Payments Plus, Australia's national payments scheme operator, while adding other users. "We are interested in HashSphere primarily for its enhanced privacy and regulatory compliance, while also needing network interoperability for the seamless and transparent interchange of stablecoins between public Hedera and private HashSphere and other layer-1 protocols," said Rob Allen, head of future payments (Web3) strategy at Australian Payments Plus. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

Наиболее читаемые новости

Yala Launches RealYield: The First Bitcoin-Ba...
2025-04-05
Strategic Shift: Tether (USDT) Eyes Future Be...
2025-04-05
Significant Crypto Security Shift: Samczsun’s...
2025-04-05
GameStop’s Bold Move into Bitcoin Sparks Inve...
2025-04-05
XRP to $5 by 2025? MAGACOINFINANCE Traders Ar...
2025-04-05
Shocking Plunge: NFT Sales Crash 12% as Marke...
2025-04-05
Low Entry, High Reward: These Are the 4 Top C...
2025-04-05
Is The Solana Bottom In? Experts Answer
2025-04-05

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения