The Hashgraph team introduced a new permissioned blockchain based on Hedera technology, enabling corporate clients to meet regulatory requirements when deploying and using DLT solutions.
Hashgraph, a developer of Web3 software solutions, unveiled HashSphere. It’s a platform designed for enterprises with strict regulatory demands, offering a secure and scalable DLT solution.
The new infrastructure allows organizations to maintain full control over their data to comply with KYC and AML requirements while ensuring security and privacy. HashSphere is tailored for the financial sector, including banks, asset managers, and payment companies. It supports asset tokenization, digital finance management, and the development of dApps using EVM-compatible smart contracts.
HashSphere’s key benefits include:
- functional compatibility with the public Hedera network and other blockchains;
- flexibility and scalability for launching digital assets and AI solutions;
- compliance with regulatory requirements;
- reduced operational costs.
According to Andrew Stakiwicz, Head of Solutions at Hashgraph, the platform aims to address the shortcomings of private DLT systems. Among the first beta testers of the solution are Australian Payments Plus, Blade Labs, and Vayana. The public launch of HashSphere is scheduled for Q3 2025.
Various TradFi companies are actively adopting Hashgraph’s innovations. The Hedera blockchain was used to launch the PHPX stablecoin by Philippine banks, facilitate cross-border stablecoin payments in Asia, and support micropayments for the FedNow instant payment system in the U.S.
