Hashgraph, the blockchain development company focusing on the Hedera network (Hbar), is building a private and authorized blockchain for businesses in highly regulated industries, providing for its debut in the third quarter of 2025.
HashSphere, built with Hedera technology, aims to fill the private and public books distributed books, guaranteeing compliance with regulations while maintaining interoperability, the company announced on Monday. Hashgraph seeks to provide services to asset managers, banks and payment providers in search of low -cost and low -cost interfrontal transactions with stablecoins.
While public blockchains offer security and transparency, companies in industries such as finance and payments are often faced with compliance challenges, in particular with the requirements of CNUED YOUR CUSTOMER (KYC) and anti-flary (LMA). HashSphere addresses this by restricting access to verified participants, allowing companies to develop tokenized assets, services fueled by AI and other products based on blockchain while meeting regulatory standards.
“From the start, Hedera’s vision was to create” shared worlds “- interpreted networks where companies can take advantage of DLT power [distributed ledger technology] Without compromising confidentiality or control, “said Andrew Stakiwicz, responsible for solutions at Hashgraph, in the press release.
The network also incorporates the existing Hedera tools, including the token service for the management of digital assets and the consensus service for the recording of transactions with confidence horodatages. The platform is compatible with the Ethereum virtual machine (EVM), allowing developers to deploy decentralized applications using Solideity and other EVM languages.
Hashgraph said he was currently working with the first partners, notably Australian Payments Plus, the Australian national payment regime operator, while adding other users.
“We are interested in HashSphere mainly for its improved confidentiality and regulatory compliance, while needing network interoperability for transparent and transparent staboin exchange between public HEDERA and the strategy of private Hashsphere and other layer 1 protocols,” said Rob Allen, chief of future payments (web3) to Australian Payments more.
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