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Hedera Hashgraph Helps Twidigital Eliminate Counterfeit Products

October 2, 2023
in Crypto News
Reading Time: 5 mins read
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  • Hedera Hashgraph collaborates with Twidigital to combat counterfeits by offering an immutable 3D digital receipt to verify the authenticity of physical objects like handbags.
  • Hedera’s recent partnerships, including one with T-Mobile, Hashgraph, and Moflix Group, enable MVNO Fliggs to integrate a non-custodial wallet into its mobile app, allowing customers access to web3, Decentralized ID.

Over the past few decades, big brands and merchants have tried numerous ways in order to avoid counterfeit products in the market. Hedera Hashgraph has finally come to the rescue by working in collaboration with Twidigital.

Twidigital specializes in tokenizing and digitizing physical objects by leveraging the power of blockchain technology. It recently showcased an authentic handbag, wherein the leather serves as its unique fingerprint.

Twidigital added that by employing an immutable 3D digital receipt for verification, the presence of counterfeits could be eradicated both in primary and secondary markets. This straightforward yet robust anti-fraud measure can be harnessed immediately through Twigital, leveraging the power of Hedera.

Absolutely game-changing! πŸ‘œπŸ”’ With an immutable 3D digital receipt, say goodbye to counterfeit handbags. πŸ™Œ Let’s empower authenticity with #Twigital, backed by #Hedera! 🌐 #NoMoreFakes #BlockchainRevolution

Learn more: πŸ‘‡πŸ‘‡πŸ‘‡ https://t.co/TDr0XSShje

β€” Collin Brown (@CollinBrownXRP) October 2, 2023

Hedera Hashgraph has been an active player in addressing real-world problems through its blockchain technology. Over the last month, Hedera has entered into multiple similar partnerships. Here’s another such latest example.

In partnership with T-Mobile, Hashgraph, and Moflix Group, MVNO Fliggs has unveiled the inclusion of a non-custodial wallet within its mobile app. This integration empowers customers with Decentralized ID, web3, and fintech services, including cryptocurrency payments, all powered by Hedera.

>> Buy Hedera (HBAR) quickly and securely with PayPal, credit card or bank transfer at eToro. Visit Website <<

By taking this step, the Mobile Virtual Network Operator (MVNO) solidifies its position as a pioneering force at the convergence of telecommunications and Distributed Ledger Technology (DLT). This move accelerates the widespread adoption of web3 by providing a secure and seamless gateway to web3 services in collaboration with the United States’ leading 5G network.

πŸ“ž In collaboration with @TMobile, @The_Hashgraph, and @MoflixGroup, MVNO fliggs has announced the integration of a non-custodial wallet into its mobile app, enabling Decentralized ID, #web3, & #fintech services including #crypto payments – powered by #Hedera – for its customers.… pic.twitter.com/btwKHxn9sG

β€” Hedera (@hedera) October 2, 2023

Hedera Actively Working on Revolutionizing Carbon Accounting

Last week, forefront product cloud protocol Atma.io unveiled a strategic partnership with the HBAR Foundation, focusing on sustainability efforts. In this collaborative venture, they intend to incorporate Hedera’s distributed ledger technology (DLT) into the atma.io Connected Product Cloud.

This integration empowers atma.io customers to harness the capabilities of one of the most cost-effective and environmentally friendly DLT/Blockchain platforms, assisting them in achieving their decarbonization goals.

In collaboration with The HBAR Foundation Sustainable Impact Fund, ALLCOT, and Envision Blockchain, the DLT Science Foundation (DSF) has introduced DLT Earth. This global grant program is dedicated to enhancing the reporting and methodologies essential for monitoring and addressing climate change. Leveraging the capabilities of Hedera Guardian, this initiative is set to usher in a new era of transparency within climate markets.

Hedera’s ecosystem is flourishing thanks to significant integrations and partnerships, featuring prominent entities like Mastercard, Kia, and Shinhan Bank. These partnerships underscore widespread institutional adoption and reinforce Hedera’s standing within the blockchain industry. Beyond conventional transactions, Hedera is pushing the boundaries of innovation, as seen in its collaboration with Hyundai and Kia on CO2 tracking, a noteworthy contribution to sustainability endeavors.

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