Mastercard-Backed DApp Migrates To Hedera
Teknolohiya Ang DApp na Naka-back sa Mastercard ay Lumipat Sa Hedera Balita ng Ethereum ng Bitcoin Balita sa HBAR Crypto: 2023 has turned out to be a productive year for the Hedera (HBAR) network as it has been making several technical advances in the crypto space. Although, the collapse of the FTX exchange left a gruesome aftermath in the broader crypto market, the HBAR ecosystem has been driving the development and introduction of new products built upon its Hashgraph technology. Mastercard Provenance User Migrates To Hedera On Thursday afternoon, Hedera‘s development arm, HBAR Foundation, announced the migration of Fresh Supply Co (FSCO) — the largest user of Mastercard Provenance and a partner of Commonwealth Bank — from Mastercard’s private blockchain to the public Hedera network. The provenance solution by Mastercard leverages blockchain technology with traceability capabilities and value-added services “to achieve transparency and gain efficiencies in complex supply chain management”. As a part of this initial integration, FSCO is moving all of its existing operations onto Hedera, utilizing both the Hedera Consensus Service (HCS) and the Hedera Token Service. In the coming months, the FSCO intends to integrate with the Hedera Guardian service in order to collaborate with state organizations as well. Guardian is a scalable,