Hashport Expands Integration with GCoin and Bonzo Finance

馃寜 Bridges Just Got Cooler

By Hashport
Dec 30, 2024, 3:52 PM
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Hashport has expanded its cross-chain capabilities with two notable integrations:

  • Successfully integrated Gilmore Estates' GCoin ($GC) in December 2024
  • Supporting Bonzo Finance, Hedera's new lending protocol, by enabling asset migration from popular EVM networks

Key Benefits:

  • Users can now port GCoin across supported networks
  • Access to competitive lending rates on Bonzo Finance
  • Seamless asset migration from EVM-compatible blockchains to Hedera

Integration enables broader DeFi participation and enhanced liquidity across networks.​

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Hedera Joins Digital Money Institute as Institutional Coordination Grows

Hedera Joins Digital Money Institute as Institutional Coordination Grows

**Hedera has joined the Digital Money Institute (DMI)**, marking a significant step in institutional coordination around digital assets and central bank digital currencies (CBDCs). **Key developments:** - The DMI membership signals **policy alignment** becoming critical for real-world blockchain interoperability - Follows Hedera's recent transition to **Hiero under the Linux Foundation**, strengthening open-source governance - U.S. federal research has validated Hedera Consensus Service for **tamper-proof identity and secure data sharing** **Why this matters:** Neutral, production-grade infrastructure like Hashport relies on this kind of institutional foundation. The bridge protocol uses the same Hedera Consensus Service layer to anchor cross-chain activity, benefiting from the network's growing recognition as trust infrastructure. As enterprise-grade systems and regulatory frameworks converge, interoperability solutions built on validated, governed networks are positioned to serve institutional use cases. [Access Hashport](http://app.hashport.network)

Hedera Builds Trustless Digital Identity Infrastructure for Cross-Chain Future

**Hedera is developing core infrastructure for trustless digital identity** as blockchain ecosystems become increasingly interconnected. The network is positioning itself to address a critical need: **verifiable identity across multiple chains**. As users and digital assets move between different blockchain networks, establishing trusted identity becomes essential for security and functionality. **Key developments:** - Hedera assembling digital identity primitives - Focus on cross-chain compatibility - Integration with existing bridge infrastructure [Hashport](http://app.hashport.network) serves as the connecting bridge, enabling asset movement between networks while supporting this emerging identity layer. The timing aligns with growing demand for **seamless cross-chain experiences** without compromising security or user verification standards. *This infrastructure could become foundational as Web3 moves toward true interoperability.*

Hedera and DOVU Partner to Enhance Carbon Credit Transparency

**Hedera** and **DOVU** have launched a new initiative to improve carbon credit tracking and transparency through blockchain technology. Key developments: - DOVU's carbon credits now fully traceable on Hedera network - Enhanced verification system for environmental impact - Integration with existing sustainability frameworks This collaboration marks a significant step toward bringing greater accountability to carbon offset markets. The system allows for real-time tracking and verification of carbon credits, helping organizations better manage their environmental commitments. *Want to learn more about carbon credit tokenization?* Visit Hedera's documentation portal.

DeFi