Hashgraph Set for Q3 Launch of Hedera's Institutional Blockchain
Hashgraph is preparing to launch a private blockchain aimed at regulated institutions, allowing them to utilize stablecoins and tokenized assets securely.
Overview
Hashgraph is set to introduce a private blockchain called HashSphere targeted at enterprises in heavily regulated sectors, anticipating its rollout in Q3 2025. This blockchain aims to integrate both private and public ledgers while complying with regulations and fostering interoperability.
Key Features: - Designed for sectors like finance, HashSphere will facilitate secure and cost-effective cross-border transactions utilizing stablecoins.
- Supports compliance with KYC and AML requirements by limiting access to verified participants, allowing the development of tokenized assets and AI-driven services.
Vision Statement
“From the beginning, the objective for Hedera has been to create interconnected networks where businesses can enjoy the benefits of DLT without sacrificing privacy or control,” stated Andrew Stakiwicz.
Partnerships
Currently, Hashgraph is collaborating with early adopters like Australian Payments Plus, a leading payment scheme operator in Australia. According to Rob Allen, the need for HashSphere lies in its improved privacy and regulatory compliance alongside network interoperability.
For additional information on Hashgraph’s new venture and its implications for the blockchain landscape, access the complete article here.
