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Hedera Brings HBAR to 5M BRD Wallet Users, Announces Hackathon Winners

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Hedera Hashgraph, a public distributed ledger platform and a blockchain alternative for corporations, has announced a partnership deal with the BRD consumer wallet, which it says will bring its HBAR token to 5 million wallet users.

Source: Adobe/piter2121

The company also announced the winners of a recent virtual hackathon.

Hedera and BRD have entered a strategic relationship, per a press release from the wallet makers.

The move has made the cryptocurrency accessible “to nearly 5 million wallet users globally across 170 countries,” BRD said. It also “enables Hedera to take advantage of the ongoing growth of the consumer market,” says the company.

BRD claims it has added over 678,000 users in the United States since March 2020.

Mance Harmon, the CEO of Hedera, claimed that the partnership would bring HBAR to millions of people and spur enterprise adoption.

Furthermore, BRD’s blockchain data integration platform Blockset, which powers the wallet and comes with a suite of tools for building blockchain applications, will now support Hedera network data. This will enable read and write functionality, and allow companies to read data and transact on-chain through Blockset’s API (application programming interface).

BRD’s CEO Adam Traidman said that the goal of the partnership was to “accelerate enterprise adoption of decentralized technologies.” He added that integrating Hedera into Blockset “not only showcases Hedera’s technology to enterprises around the world, but also enhances the value proposition of the Blockset product more broadly.”

Hachathon winners

Hedera had more news to share: Yesterday the firm announced the winners of the Hedera20 Virtual Hackathon.

The winners are:

The hackathon ran from May 1 to June 12, and included a number of challenges related to digital identity, security, charities, healthcare, climate change and more, a press release explained.

With over 800 developers building new decentralized applications (dApps) on the Hedera network, the aim was for projects to “take advantage of some or all of the following [Hdera Consensus Service (HCS)] benefits: fair ordering, proof of action, and audit logs.”


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