Welcome to the Hedera Overview. We’re providing biweekly content for Hedera enthusiasts, users, developers and curious-minded web3 users so they can stay up to date on the ecosystem.
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The percentages and metrics are calculated from its change over a 14-day time frame, unless noted otherwise.
Diving deeper into some of the biggest updates from Hedera.
#️⃣ What’s happening: Blockchain for Energy (B4E), a non-profit consortium of global energy companies including Chevron, ExxonMobil, and Shell joined the Hedera Council to drive progress in sustainability and emissions reporting.
#️⃣ Why it matters: As a council member, B4E will operate a node on the Hedera network, gaining equal voting power in governing Hedera’s infrastructure, alongside other members like Google and IBM. This addition adds to Hedera’s enterprise-grade ecosystem, while amplifying B4E’s mission to deliver transparent, auditable emissions data.
B4E is a consortium focused on digitizing energy sector workflows through blockchain technology on its flagship platform B4ECarbon. It is designed to be a secure, decentralized solution for emissions data management and real-time, verifiable carbon reporting. The platform provides a secure, decentralized solution for emissions data management, integrating AI and Internet of Things (IoT) for real-time, verifiable carbon reporting.
For the Hedera Council, it brings domain expertise from major energy players, emphasizing its mission to be a trusted platform for sustainability-focused enterprise solutions. This could set new benchmarks for efficient workflows, reduce costs and accelerate timelines for sustainability initiatives.
#️⃣ The bigger picture: The addition of B4E to the Hedera Council is representative of its ambition for network integrity and infrastructure by bringing in a consortium backed by global energy leaders.
As more enterprises join the Hedera Council, it can provide robust oversight and security, fostering trust among users and regulators.
The synergy between B4E and Hedera, leveraging the network’s hashgraph consensus, can attract developers and enterprises to enter the ecosystem. Thus, enhancing Distributed Ledger Technology (DLT) in the energy sector.
Stablecoin market cap on the network is up 60% on the month to $127M, DefiLlama data shows
USDC transfer volume is up 420% over the past year, coinciding with the rise of Hedera’s fixed-fee nature for stablecoin payments for institutional use
TashiProtocol, a multi-purpose DePIN, integrated with Hedera for multiplayer gaming backend server support via node syncs and state verification
Hedera recorded 120 core developers the week of June 23, the second highest network behind Ethereum, Token Terminal reported
Orbit shared it will launch a DeFi trading platform with ERC-20 utility and token reward launches on Hedera
Highlighting the companies, communities and users tied to Hedera ecosystem
Listen to an X space with the Hedera Africa community about the upcoming $1M hackathon and the country’s role for development opportunity
Hear from The Hashgraph Association Co-Founder and Board President Kamal Youssefi discusses collaboration with Deloitte, PwC, BEEAH Group and beyond.
Entrepreneur Kevin O’Leary highlighted Hedera as the most underrated network on the market
DOVU shared it aims to onboard 41 million tonnes of carbon credits to the Hedera Guardian as tokenized real-world-assets
MiCA Alliance launched the Hedera MiCA whitepaper, advancing transparency and education for Hedera across the EU market
CoinFantasy, a play-to-yield web3 game on Hedera, unique active wallets and transactions hit 2.54K, up 64% and 62%, respectively DappRadar data shows
Want to dive into the ecosystem full-time? Find the latest job postings here or get involved at an event below.
Register for the Hello Future hackathon, a three-part global hackathon with a $550K prize pool powered by Hedera
Hedera Africa’s month-long Hackathon starts August 1 – sign up for a chance at a $1M prize pool
Sign up for early access to Legends of the Past, a PvP mobile game built on the Hedera network
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.