Hedera is a revolutionary distributed ledger built on the Hedera hashgraph algorithm. The network will enable instant transactions with low fees, high scalability and no downtime.
The “hbar defi” is a project on the Hedera Network. It will soon see its first DeFi project. The Hedera Network is a blockchain-based decentralized network that offers high throughput and scalability for developers, businesses, and end users.
Akt.io is releasing on the Hedera network in collaboration with the HBAR Foundation, making it the first DeFi app on the carbon-negative blockchain.
The HBAR Foundation helps developers, companies, and organizations establish decentralized applications in DeFi, NFTs, CBDCs, ESGs, gaming, and other industries by offering grants and other resources.
The HBAR Foundation helps developers, businesses, and organizations build on the Hedera ecosystem by offering grants and resources for technical support, marketing, and business development.
Hedera bestows an ecology prize
The HBAR Foundation has given Akt.io a grant and will provide organizational assistance to help it start and flourish on the Hedera Network. Users will be able to utilize clever algorithms to automate investments, produce income with digital assets, and be seamlessly linked to the akt.io Wealth Card, an internationally recognized payment card that will allow for direct payments with invested funds.
“We’re impressed with akt.io’s revolutionary platform and pleased with their choice of the Hedera Network to enable their vision of providing retail investors with a seamless, integrated model that puts their capital to work while enabling the convenience of immediate liquidity that you’d associate with having cash in the bank,” said Shayne Higdon, CEO and Executive Director of the HBAR Foundation.
Hedera has a transaction rate of 10,000 transactions per second, which is close to real-time settlement, as well as minimal fees and bandwidth usage. The public network has handled over 1.75 billion transactions produced by real-world apps and has over 410k accounts since its inception in 2018.
Automata, Akt.io’s parent firm, works with regulated payment service providers in the UK and Ireland as a linked agent. This enables the firm to make rapid progress in the UK and European markets.
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Posted in: Technology, DeFi
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The “hedera nft demo” is a project that will soon see its first DeFi project. The Hedera network is an Ethereum-based platform that allows for the creation of decentralized applications.
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