{"id":22589,"date":"2025-03-31T19:30:04","date_gmt":"2025-03-31T16:30:04","guid":{"rendered":"https:\/\/forklog.com\/en\/hedera-team-launches-new-corporate-evm-blockchain\/"},"modified":"2025-03-31T19:30:04","modified_gmt":"2025-03-31T16:30:04","slug":"hedera-team-launches-new-corporate-evm-blockchain","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hedera-team-launches-new-corporate-evm-blockchain\/","title":{"rendered":"Hedera Team Launches New Corporate EVM Blockchain"},"content":{"rendered":"<p>On March 31, developers of the Hedera Hashgraph network unveiled the beta version of a new EVM-compatible blockchain, HashSphere, aimed at corporations in regulated industries. This was announced in a <a href=\"https:\/\/www.prnewswire.com\/news-releases\/hashgraph-unveils-hashsphere-a-private-permissioned-network-powered-by-hedera-302414664.html\">press release<\/a>. <\/p>\n<p>The solution is positioned as a private, permissioned protocol designed to offer blockchain services to asset managers, banks, and payment service providers for secure and low-cost cross-border transactions with stablecoins. <\/p>\n<p>The full launch of the network is scheduled for the third quarter of 2025. <\/p>\n<p>The platform integrates existing Hedera tools, including the Token Service for digital asset management and the Consensus Service for recording transactions with trusted timestamps. <\/p>\n<p>Currently, the team is collaborating with early partners, including Australian Payments Plus, the national payment system operator of Australia.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cFrom the outset, Hedera&#8217;s vision has been to create \u2018shared worlds\u2019\u2014interconnected networks where enterprises could leverage distributed ledger technology without compromising on privacy or governance,\u201d noted Andrew Stakivich, Head of Solutions at Hashgraph.<\/p>\n<\/blockquote>\n<p>Rob Allen, Head of Web3 Strategy at Australian Payments Plus, highlighted privacy, regulatory compliance, and network interoperability as key advantages of HashSphere. <\/p>\n<p>In April 2024, HBAR Foundation\u2014the developer of the Hedera blockchain\u2014<a href=\"https:\/\/forklog.com\/en\/news\/hbar-token-surges-110-following-misunderstood-blackrock-fund-tokenization\">tokenized<\/a> the U.S. Treasury Money Market Fund by BlackRock.<\/p>\n<p>In March 2023, the blockchain platform suffered an attack, resulting in the theft of an undisclosed amount. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 31, developers of the Hedera Hashgraph network unveiled the beta version of a new EVM-compatible blockchain, HashSphere, aimed at corporations in regulated industries. This was announced in a press release. The solution is positioned as a private, permissioned protocol designed to offer blockchain services to asset managers, banks, and payment service providers for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[25,433,1365],"class_list":["post-22589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain","tag-evm","tag-hedera-hashgraph"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22589"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22588"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}