Hedera Creative Economy Growing Exponentially
Hedera Weekly News Roundup Happy Friday and almost end of summer (at least here in the Southeast, where school is essentially back in session), Hedera community. I know you all love it when I sound like a broken record and talk about what a busy week it was in the Hedera ecosystem. And it was. Yesterday, Calaxy’s next generation social marketplace launched its highly anticipated app for creators. Built on Hedera, the app allows creators to monetize their passions and generate revenue from content, by providing a one-stop shop for them to offer experiences to their community. Calaxy’s co-founders, Solo Ceesay and Spencer Dinwiddie were invited onto The Hash on CoinDesk TV to discuss how this platform will bring about a whole new level of creator-fan engagement. Solo described their journey over the last four years and mentioned how Calaxy represents the next iteration of what the crypto ecosystem can really look like. Speaking about how Web3 can integrate with the sports industry, NBA star Spencer Dinwiddie said that blockchain is going to play a big role in reshaping creator-fan experiences. Solo spoke at length about how Hedera was the most practical option for Calaxy to build on when compared to other technologies. He highlighted Hedera’s decentralization, the reputable companies and brands on the governing council, the great corporate partnerships within its ecosystem (allowing Calaxy to access some great networking opportunities), and also Hedera’s scalability. Additionally, he stated that because the fees are so low and equitable on Hedera, any company can work with Hedera, and harness the capabilities of its product suite. We kicked off Season 5 of the Gossip About Gossip podcast talking to Sygnum Bank about their regulated digital asset platform and global expansion plans.
Alexa Blockchain highlighted Hedera’s appointment of Andrew Aitken as Chief Open Source Officer. He is tasked with securing a broad ecosystem of contributing participants and long-term opportunities for Hedera’s open source efforts. An article by Auralcrave highlights the many real-world applications of Hedera’s DLT across various industries, including healthcare and supply chain management. Global cybersecurity company WISe.ART raised funding from The Hashgraph Association, and more folks wrote about the Hyundai and Kia platform being built on Hedera, POCIT - Black NBA Star And Tech Entrepreneur Launch Social App To Redefine The Creator-Fan Relationship This piece further outlines the launch of Calaxy’s app. Calaxy was founded in 2021 with the vision to build an infrastructure that empowers content creators to own their content and access a more equitable value exchange system than what is present in the current media landscape. Despite the creator economy being one of the fastest-growing sectors in the entertainment industry, creators still need help to monetize their content and move away from a reliance on algorithms and brand deals. Spencer said: “By giving creators the tools they’ve been calling out for and a professionalized platform to build their economies, Calaxy allows them to continue to do what they love while being remunerated adequately.” Several creators are already listed to go live on the platform including: Soccer Star Luis Suarez; Cosplayer Logan Chitwood; YouTuber and TikTok star Eric Struk; Model Tiana Musarra; and WWE’s Mickie James. Additionally, R&B star Teyana Taylor, The Bachelor’s Matt James, and NFL stars Foye Oluokun and Ezekiel Elliot are due to offer experiences in the coming months. Alexa Blockchain - Former White House Open-Source Expert to Spearhead Hedera’s New Shift This article emphasizes the significance of Andrew Aitken’s appointment as Chief Open Source Officer at Hedera. In his new role, Andrew will secure a broad ecosystem of participants and long-term opportunities for Hedera’s ecosystem by prioritizing community engagement and transparency. Speaking on the announcement, Andrew reiterated that “Open source solutions play a vital role in standardizing transparency and re-establishing trust in the digital sphere”. Andrew brings a wealth of experience working with open-source technology and has been praised by former colleagues for his work. Gabriel Columbro, Executive Director of the Fintech Open Source Foundation (FINOS), which Andrew is a board member of, said: “I have had the honor to collaborate with Andrew for several years, both at the community level on several projects and at leadership level in the FINOS Governing Board, and I have no doubt his wealth of experience and strategic expertise will help realize Hedera’s open source vision.” Auralcrave - Hedera Use Cases: Real-World Applications of Distributed Ledger Technology This feature article by Auralcrave highlights the many real-world applications of Hedera’s DLT across various industries. Within the healthcare industry, Hedera has the potential to revolutionize patient data reporting, offering an immutable and transparent platform for storing medical records securely. The transparency of Hedera’s DLT also enables better data-sharing processes, allowing healthcare professionals to gain seamless access to the necessary information. The piece also notes that one of the most prominent use cases for DLT is within the realm of supply chain management. Using Hedera’s immutable ledger, supply chain participants can record every transaction, transfer of ownership, and product information on an immutable ledger, thus ensuring full traceability throughout the entire supply chain. Finally, looking specifically at the financial sector, Hedera is providing a solid foundation for decentralized finance. Harnessing the capabilities of Hedera’s smart contracts, financial institutions can enable financial agreements to be programmed and executed autonomously, eliminating the need for intermediaries and reducing transaction costs. The Evolving Enterprise - WISe.ART AG receives funding from Hashgraph Association to accelerate Trusted NFT adoption WISeKey, a leading global cybersecurity company deploying large-scale digital identity ecosystems, has received funding from The Hashgraph Association (THA). WISeKey will utilize this funding to accelerate the adoption of the Hedera network and advance the integration of Trusted NFTs through its WISe.ART platform. WISe.ART aims to connect all actors of the arts and technology industries, providing white-labeling and NFT design services among others. Through this strategic collaboration, the platform will also employ Hedera’s distributed ledger technology (DLT) to tokenize digital assets, and mint and trade NFTs into WISeKey’s ecosystem. This enables participants to remain anonymous while ensuring full compliance with current Know Your Customer (KYC) requirements. Speaking on the news, Carlos Moreira, Founder and CEO of WISeKey said: “We look forward to working with THA and Hedera on its plan to issue tokenized shares via ledger-based securities, a process commonly known as ‘tokenization’.” Ledger Insights - Hyundai, KIA unveil blockchain, AI solution to track carbon emissions This piece draws further attention to the recent launch by Hyundai and KIA of an AI-powered Supplier CO2 Emission Monitoring System (SCEMS). The system employs Hedera’s DLT to record the carbon emissions data from suppliers and utilizes artificial intelligence (AI) to predict future emissions. Hyundai hopes that by utilizing Hedera’s immutable DLT, stakeholders and regulators will “have complete confidence in the accuracy of the data.” Both organizations will be able to track carbon footprints throughout the supply chain lifecycle, analyzing the materials used, the manufacturing process, and the transport of finished products. This is not the first move that these two motor companies have made towards embracing sustainable operations, with the companies targeting emissions reductions for some time now. For instance, over the last few years, both firms have altered manufacturing processes to be more environmentally friendly. Some of these efforts include adjusting the way the cars are painted and drawing up to 84% of electricity from eco-friendly sources. |
