Hashport Launches Decentralized Cross-Chain Bridge Powered by Hedera
Hashport Launches Decentralized Cross-Chain Bridge Powered by Hedera
🌉 Not Your Average Bridge
Hashport has introduced a novel cross-chain bridge system that distinguishes itself through true decentralization and transparent operations. The platform leverages Hedera Consensus Service to enable:
- Complete finality in asset transfers
- Fair transaction ordering
- Public verification capabilities
- Trustless architecture with no single point of failure
The bridge facilitates secure asset movement between networks while maintaining cost-effectiveness. Users can access the platform at Hashport App and monitor metrics at Hashport Metrics.
🌉 Hashport isn’t just another bridge — it’s a fully decentralized, transparently operated system that lets users move assets cross-chain with complete finality & fair ordering (thanks to @hedera), public verifiability, and zero reliance on any single actor for trust.
Hashport Expands Integration with GCoin and Bonzo Finance
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.*
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.