Hashgraph planning to launch new HashSphere blockchain for regulated industries
Hashgraph, the developer behind the Hedera network, announced the launch of Hashsphere, a private and authorized blockchain adapted to companies in the regulated industries.
Scheduled online in the third quarter of 2025, Hashsphere is designed to facilitate Stable co -processing transactions with low cost and low cost for banks and asset managers.
Built on Hedera’s (Hbar) Technology, Hashsphere will offer EVM compatibility, allowing institutions to develop and deploy intelligent contracts while guaranteeing adherence to regulatory requirements such as Kyc And AML rules.
The platform is currently in beta and works with industry players, including more Australian payments.
Conformity and concern of confidentiality
Many companies have hesitated to adopt the blockchain due to Conformity concernsconfidentiality problems and security risks linked to public networks. While public blockchains like Ethereum (Ethn) Offer transparency and decentralization, they often do not have the regulatory guarantees required by financial institutions.
HashSphere aims to provide a controlled environment where only verified participants can initiate transactions, ensuring data protection, security and regulatory compliance.
Andrew Stakiwicz, responsible for solutions at Hashgraph, said HashSphere sought to eliminate key obstacles to the adoption of business blockchain, including supplier locking, scalability and security risks associated with public networks.
Unlike public channels based on anonymous validators, hashsphere restricts participation in verified entities, offering greater security and control.
Another key characteristic of Hashsphere is his interoperability With the great public book of Hedera, allowing companies to take advantage of the advantages of private and public blockchain ecosystems.
This flexibility could allow financial institutions to remain in conformity while taking advantage of the efficiency and cost savings in decentralized technology.
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