Hashgraph has announced the launch of HashSphere, a private blockchain for enterprises in regulated sectors, set to go live in Q3 2025.
Launch of HashSphere and Its Features
HashSphere is designed to facilitate cross-border stablecoin transactions for banks and asset managers. Built on Hedera’s technology, it offers EVM compatibility allowing the development and deployment of smart contracts while ensuring compliance with KYC and AML regulations.
Overcoming Business Barriers
Many enterprises hesitate to use blockchain due to compliance, privacy, and security concerns. HashSphere provides a controlled transaction environment, restricting participation to verified entities for greater security and control.
Interoperability and Benefits
HashSphere ensures interoperability with Hedera’s public ledger, allowing businesses to leverage the advantages of both blockchain ecosystems while ensuring compliance and cost savings.
HashSphere by Hashgraph offers enterprises a secure and controlled environment for blockchain interactions, maintaining flexibility and compliance.