Hedera Hashgraph, a public distributed ledger platform and a blockchain alternative for corporations, has announced a partnership deal with the BRD consumer wallet, which it says will bring its HBAR token to 5 million wallet users.
The company also announced the winners of a recent virtual hackathon.
Hedera and BRD have entered a strategic relationship, per a press release from the wallet makers.
The move has made the cryptocurrency accessible “to nearly 5 million wallet users globally across 170 countries,” BRD said. It also “enables Hedera to take advantage of the ongoing growth of the consumer market,” says the company.
BRD claims it has added over 678,000 users in the United States since March 2020.
Mance Harmon, the CEO of Hedera, claimed that the partnership would bring HBAR to millions of people and spur enterprise adoption.
Furthermore, BRD’s blockchain data integration platform Blockset, which powers the wallet and comes with a suite of tools for building blockchain applications, will now support Hedera network data. This will enable read and write functionality, and allow companies to read data and transact on-chain through Blockset’s API (application programming interface).
BRD’s CEO Adam Traidman said that the goal of the partnership was to “accelerate enterprise adoption of decentralized technologies.” He added that integrating Hedera into Blockset “not only showcases Hedera’s technology to enterprises around the world, but also enhances the value proposition of the Blockset product more broadly.”
Hedera had more news to share: Yesterday the firm announced the winners of the Hedera20 Virtual Hackathon.
The winners are:
- 1st place: OXILES; an event listener that bridges Hedera with other blockchains and backend microservices.
- 2nd place: Public Pest Network; decentralized network enabling researchers, farmers, and the public to submit, view, and analyze pest data.
- 3rd place: 3IEIO Digital Workforce Identity; a self-sovereign identity system that allows for each individual to “own” the cultural/ behavioral assets they give each day to their job.
- Other categories: Ocean Plastic Collection & Recycling, Hedera API Portal, HumanKind, Hashgraph World, Nonselective Reporting, Finalpay.io, and CoFund20.
The hackathon ran from May 1 to June 12, and included a number of challenges related to digital identity, security, charities, healthcare, climate change and more, a press release explained.
With over 800 developers building new decentralized applications (dApps) on the Hedera network, the aim was for projects to “take advantage of some or all of the following [Hdera Consensus Service (HCS)] benefits: fair ordering, proof of action, and audit logs.”
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